Quarter after quarter, Etsy continues its mission to become a go-to destination for high-quality, affordable, reliable and convenient merchandise. This holds true despite the challenging environment for consumer discretionary spending, according to Josh Silverman, CEO of Etsy, who said Etsy has been able to gain...
Latin American eCommerce platform Mercado Libre reported third-quarter earnings that surpassed expectations and showcased its success in the region. The company’s income from operations reached a record high of $685 million in the quarter, up 131% year over year (YoY), Mercado Libre said in a Wednesday...
eBay said its second quarter results exceeded expectations on key metrics as it continues its “tech-led reimagination.” The marketplace’s gross merchandise value (GMV), revenue and earnings per share (EPS) came in at or above the high end of eBay’s guidance ranges during the quarter ended June...
For Mytheresa, the high-end retail segment is diverging. This, as the newly listed luxury brand marketplace says it sees a difference between what it calls “aspirational” customers and “wardrobing” shoppers, who frequent its upscale eCommerce site. Where the former saw weakness, the latter saw strength...
August 28, 2024
Italist is tapping into the growing American enthusiasm for Italian luxury fashion with a strategic approach that blends seasonal discounts and curated selections. By expanding into the U.S. market, italist aims to capitalize on the demand for high-end Italian brands, offering a more accessible entry point for American consumers seeking quality and value in their […]
November 01, 2023
Latin American eCommerce platform Mercado Libre reported third-quarter earnings that surpassed expectations and showcased its success in the region. The company’s income from operations reached a record high of $685 million in the quarter, up 131% year over year (YoY), Mercado Libre said in a Wednesday (Nov. 1) letter to shareholders. The increase was supported by […]
July 26, 2023
eBay said its second quarter results exceeded expectations on key metrics as it continues its “tech-led reimagination.” The marketplace’s gross merchandise value (GMV), revenue and earnings per share (EPS) came in...
