Latest news with #CiaranLong
Yahoo
28-05-2025
- Business
- Yahoo
a.k.a. Brands Holding Corp. Announces Participation in the TD Cowen 9th Annual Future of the Consumer Conference
SAN FRANCISCO, May 28, 2025--(BUSINESS WIRE)--a.k.a. Brands Holding Corp. (NYSE: AKA) (the "Company"), a portfolio of next generation fashion brands, today announced that the Company is scheduled to participate in a fireside chat at the TD Cowen 9th Annual Future of the Consumer Conference on Tuesday, June 3, 2025, at 8:45 am Eastern Time. Chief Executive Officer, Ciaran Long, will participate in the fireside chat. The fireside chat will be webcast live over the internet and can be accessed on the Company's Investor Relations website, An online archive will be available on that site following the fireside chat. About a.k.a. Brands a.k.a. Brands maintains a portfolio of global fashion brands, Princess Polly, Culture Kings, Petal and Pup and mnml. Through these brands we reach a broad audience of next-generation consumers who seek fashion inspiration on social media and primarily shop online. Our brands are hyper-focused on the customer and serving them newness and a seamless experience throughout the entire shopping journey. We leverage a data-driven 'test and repeat' merchandising model that allows us to introduce new and exclusive fashion weekly, so our customers are always on-trend. We leverage innovative data-driven insights to authentically connect and engage with customers across the latest marketing platforms. Further, we are committed to showing up for customers wherever they shop, whether that's online, in-stores or through wholesale channels. Leveraging our industry expertise and operational synergies, we help accelerate our brands so they can grow faster, reach broader audiences, achieve greater scale and enhance their profitability. We believe we are disrupting the status quo and pioneering a new approach to fashion. View source version on Contacts Investor Contact investors@ Media Contact media@
Fashion Network
19-05-2025
- Business
- Fashion Network
A.K.A Brands sales up 10% on surging US revenues
A.K.A Brands announced first-quarter sales increased 10.1% to $128.7 million, on the back of surging growth across the U.S.-based apparel firm's local market. The San Francisco-based company said U.S. sales for the three months ending March 31 rose 14.2%, which helped helped global orders at the firm increase 9.2%. During the quarter, the owner of Culture Kings, Princess Polly, and Mnml brands said net losses remained flat at $8.4 million. "We delivered a strong start to the year, with outstanding first-quarter performance driven by our team's disciplined execution across our brands. This marks our fourth consecutive quarter of growth, underscoring the effectiveness of our strategic initiatives," said Ciaran Long, chief executive officer, A.K.A Brands. "We grew net sales approximately 10% to $129 million, with continued strength in the U.S. which grew 14%. Importantly, the Australia and New Zealand region registered 6% net sales growth in the quarter, reflecting the progress we've made over the past two years, particularly at the Culture Kings brand, to strengthen the business. And rounding out the quarter, benefiting from the strong top-line growth and healthy gross margin, we exceeded our expectations and delivered $2.7 million of adjusted EBITDA." Looking ahead, the company said it expects full-year sales to fall between $600 million and $610 million, with plans to open six Princess Polly stores this year, bringing the total to 13 by year-end. "As we approach the evolving trade environment impacting our U.S. business, we are confident that our strategic actions, swift execution and flexible business model will enable us to navigate this period and emerge even stronger. Importantly, we continue to see solid demand trends in the first six weeks of the second quarter, in-line with our outlook for the year," added Long.
Fashion Network
19-05-2025
- Business
- Fashion Network
A.K.A Brands sales up 10% on surging US revenues
A.K.A Brands announced first-quarter sales increased 10.1% to $128.7 million, on the back of surging growth across the U.S.-based apparel firm's local market. The San Francisco-based company said U.S. sales for the three months ending March 31 rose 14.2%, which helped helped global orders at the firm increase 9.2%. During the quarter, the owner of Culture Kings, Princess Polly, and Mnml brands said net losses remained flat at $8.4 million. "We delivered a strong start to the year, with outstanding first-quarter performance driven by our team's disciplined execution across our brands. This marks our fourth consecutive quarter of growth, underscoring the effectiveness of our strategic initiatives," said Ciaran Long, chief executive officer, A.K.A Brands. "We grew net sales approximately 10% to $129 million, with continued strength in the U.S. which grew 14%. Importantly, the Australia and New Zealand region registered 6% net sales growth in the quarter, reflecting the progress we've made over the past two years, particularly at the Culture Kings brand, to strengthen the business. And rounding out the quarter, benefiting from the strong top-line growth and healthy gross margin, we exceeded our expectations and delivered $2.7 million of adjusted EBITDA." Looking ahead, the company said it expects full-year sales to fall between $600 million and $610 million, with plans to open six Princess Polly stores this year, bringing the total to 13 by year-end. "As we approach the evolving trade environment impacting our U.S. business, we are confident that our strategic actions, swift execution and flexible business model will enable us to navigate this period and emerge even stronger. Importantly, we continue to see solid demand trends in the first six weeks of the second quarter, in-line with our outlook for the year," added Long.
Yahoo
13-05-2025
- Business
- Yahoo
a.k.a. Brands U.S. Net Sales Up 14.2%, Updates FY Guidance
By Karen Roman a.k.a. Brands Holding Corp. (NYSE: AKA) said first quarter net sales grew 10.1% to $128.7 million, compared to $116.8 million the year prior, with U.S. net sales increasing 14.2%. Adjusted EBITDA was $2.7 million, or 2.1% of net sales, compared to $0.9 million, or 0.7% of net sales for the same period of 2024, the company announced. a.k.a. Brands also updated its outlook for 2025 and now expects net sales between $600 million and $610 million and adjusted EBITDA of $24.0 million to $27.5 million, it said. 'This marks our fourth consecutive quarter of growth, underscoring the effectiveness of our strategic initiatives,' said Ciaran Long, a.k.a. Brands CEO. 'We continued to deepen customer engagement in the first quarter, achieving nearly 8% growth in our active customer base over the trailing twelve months.' Contact: Editor@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-03-2025
- Business
- Yahoo
a.k.a. Brands Q4 Sales Up 6.8%, Princess Polly To Open 7 New Stores
By Karen Roman a.k.a. Brands Holding Corp. (NYSE: AKA) said fourth quarter net sales increased 6.8% to $159 million, compared to $148.9 million the year prior. Adjusted EBITDA was $6.2 million, or 3.9% of net sales, in contrast to $1.3 million, or 0.9% of net sales, it stated. Princess Polly will open its SoHo store in New York City in mid-March, and other six new locations in Miami, Glendale and Columbus, among others, it said. a.k.a. Brands expects net sales between $600 million and $610 million for FY2025 and adjusted EBITDA in the range of $27.5 million to $29.5 million, the company declared. '2024 marked a pivotal year for a.k.a. Brands. We achieved 5% net sales growth, fueled by impressive mid-teens net sales growth in our U.S. business, and we delivered over 150 basis points of adjusted EBITDA expansion year-over-year – all ahead of our expectations,' said Ciaran Long, CEO. Contact: Editor@ Sign in to access your portfolio
