Latest news with #PrincessPolly
Miami Herald
23-05-2025
- Entertainment
- Miami Herald
Dadeland Mall's new stores include Miami firsts and chance for a dash and grab
Dadeland Mall's dozen 2025 newcomers launched with the February opening of the first Dick's House of Sport in South Florida and continues with Saturday's Memorial Day weekend grand opening of Florida's first Princess Polly, an Instagrammable fashion shop. Several more stores are due in the summer and fall. Here's what to expect. Princess Polly launch party ▪ Princess Polly, a trendy fashion boutique aimed at young women influencers began as an online retailer from a beachside apartment on Australia's Gold Coast in 2010. The first brick and mortar store in the U.S. opened in Los Angeles in 2023 and based its headquarters in California. The Dadeland Mall opening in Kendall on May 17 begins the chain's expansion into other cities including New York. When: Princess Polly's launch party starts at 10 a.m. Saturday, May 24. Where: Line up at the mall entrance by Macy's Fashion, located toward the back of the mall on the canal side, at 7303 North Kendall Dr., so you're ready to take advantage of the early bird vouchers when doors open. Perks and prizes: — First 100 visitors can score an exclusive Miami hoodie. — First 250 visitors get an instant win scratch card that could win you a $1,000 Princess Polly wardrobe, mystery prizes, up to $100 cash off your shopping or a dash and grab like one of those old TV game show routines where you have one minute to grab anything you want for free. — First 500 visitors snag an exclusive Miami tote bag and sticker. Dadeland newcomers ▪ Lola + The Boys. A Chicago-based children's clothing brand aimed at trend-forward flair. So that could mean sequin unicorn bombers, glitter sneakers or graphic T-shirts. The store is looking at a summer 2025 opening in Dadeland's east wing near JCPenney and Dick's House of Sport. ▪ UDON. Asian restaurant's recipes are inspired by traditional noodle dishes and a variety of Asian-inspired tapas. This will be the third UDON in South Florida, joining locations in Wynwood and Aventura Mall. Opening in the summer on the mall's second level of the Fashion Wing in Terrace Dining. ▪ Alo Yoga. A clothing store centered around yoga wear. Yoga experts will also host in-store community events to teach yoga practices. Scheduled for a fall opening in the mall's Fashion Wing, next to Tesla. ▪ Luli Fama swimwear and Mania Jeans are coming to Dadeland but a date for both has not been set Recent arrivals These stores opened at Dadeland recently: ▪ Dick's House of Sport is like a regular Dick's sporting goods store but on steroids. The accent is on experiential for athletes with in-store climbing walls, multiple golf hitting bays with TrackMan simulators, and a multi-sport cage that can be used for baseball, softball, lacrosse and soccer. The only other Dick's House of Sport in Florida is in Tampa at International Plaza. The Dadeland outlet is in the east mall near JCPenney where Nordstrom's used to be. ▪ Golden Goose: Italy-inspired ready-to-wear, accessories and footwear. Located in the Fashion Wing next to Gucci. ▪ Aritzia design house sells luxury clothing. Aritzia has proven a hit at Aventura Mall and brings its influencer-minded fashion to Dadeland's Center Court. ▪ Lacoste was founded in 1933 by René Lacoste and is known for its familiar polo shirt, as well as sportswear apparel for men and women, footwear, eyewear, watches, fragrances and leathergoods like handbags and luggage. Located next to Macy's Fashion. ▪ Britto. Colorful artist Romero Britto features his work in a new location in Dadeland's East Mall near JCPenney and Dick's House of Sport. ▪ Perfume World. The nose knows. Near JCPenney, Freddo in the Dining Pavilion.
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
14-05-2025
- Business
- Yahoo
a.k.a. Brands Holding Corp (AKA) Q1 2025 Earnings Call Highlights: Strong Sales Growth and ...
Release Date: May 13, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. a.k.a. Brands Holding Corp (NYSE:AKA) reported a 12% increase in net sales on a constant currency basis, reaching $129 million, with a 14% growth in the US market. The company achieved its fourth consecutive quarter of growth, highlighting the effectiveness of its strategic initiatives and operational discipline. Princess Polly, the largest brand in the portfolio, continues to perform strongly, with plans to open seven new stores in 2025, expanding its physical retail presence. The company successfully diversified its supply chain, reducing reliance on China by shifting production to countries like Vietnam and Turkey. a.k.a. Brands Holding Corp (NYSE:AKA) exceeded profitability expectations, delivering $2.7 million in adjusted EBITDA, showcasing strong financial performance. The company faces uncertainty due to evolving trade policies and tariffs, which could impact its operations and profitability. Selling expenses increased due to the opening of new stores, impacting overall cost management. The company anticipates a transitory impact on gross margins in Q2 and Q3 due to tariffs, with Q3 expected to be the most affected. Net debt increased to $93.2 million, partly due to additional inventory and investments in new stores. The company is navigating a challenging macro environment, which includes managing promotional activities and moderating shipments to mitigate tariff impacts. Warning! GuruFocus has detected 5 Warning Signs with AKA. Q: Can you provide insights on the impact of tariffs on margins and how you are mitigating these effects? Also, what are the trends in average order value and active customers? A: (Kron Long, CEO) We have been diversifying our supply chain to reduce reliance on China, aiming to be predominantly out of China by Q4. We've negotiated discounts with Chinese vendors and selectively increased prices where competitive. This strategy, along with our test and repeat model, should help us manage tariff impacts. (Kevin Grant, CFO) Gross margin improved by 100 basis points in Q1, and we expect the tariff impact to be most pronounced in Q2 and Q3, with normalization in Q4. Average order value was relatively flat, with sales growth driven by order growth. Q: Will you be completely out of China by the fourth quarter? A: (Kron Long, CEO) We aim to be predominantly out of China by Q4, maintaining some relationships for our Australia and New Zealand operations. This diversification will provide a robust supply chain and options across regions as tariffs evolve. Q: What are the demand trends for the second half of the year, especially in the US and Australia? A: (Kron Long, CEO) We expect positive growth in Australia for the full year, despite a tough promotional lap in Q2. The US continues to perform well, with 14% growth in Q1. We are confident in our guidance and see opportunities in expanding our customer base through wholesale partnerships and new store openings. Q: How sustainable is the growth in the US, and what should we expect regarding selling expenses with new store openings? A: (Kron Long, CEO) We are confident in sustaining growth through customer acquisition and expanding product categories. (Kevin Grant, CFO) We made progress in supply chain optimization, leveraging selling expenses despite pre-opening costs. We maintain our guidance for selling expenses around mid-26% for the year. Q: With the shift away from China, how do the cost profiles of new sourcing regions compare? A: (Kron Long, CEO) We have focused on partners who can work within our test and repeat model and meet quality standards. While there are slight cost differences, we are confident in achieving cost equivalency and having a more robust supply chain with options across regions. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. 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
Daily Mirror
13-05-2025
- Entertainment
- Daily Mirror
Debenhams reduces 'stunning' £199 dress that's 'so pretty' to £55
Debenhams shoppers said they "feel amazing" when wearing the popular designer dress Debenhams shoppers are praising a "stunning" mini dress they've quickly snapped up online. The online retailer is known for offering on-trend fashion and homeware at discounted prices - and one dress might just be a new crowd pleaser. The retailer is selling a designer dress at a very reduced price, giving shoppers the chance to get a high-end look for much less. Debenhams is stocking the Coast Party Sequin Velvet Wrap Mini Dress, which has dropped from £199 to £55. The black velvet dress is available in sizes eight to 18, though it is worth noting a number of sizes are sold out. The retailer has noted online that the product is hand-wash only. For those looking for a new go-to little black dress, ASOS is stocking the Princess Polly satin plunge tie front satin mini dress for £54. River Island also has the Black Textured Halter Neck Mini Dress for £36, while New Look stocks the Black Sleeveless Puffball Micro Mini Dress, priced at £31.99. The full Debenhams product description reads: "Exude elegance and charm in this ultra-feminine velvet mini dress from Coast. The plunging V-neckline and cascading ruffles create a romantic, flirtatious silhouette, while the self-tie belt cinches the waist for a flattering fit. "Pair this dress with strappy heels and delicate jewellery for a chic look that's perfect for formal events, weddings, or special occasions. Alternatively, dress it down with trainers for a more casual daytime ensemble." Online, the Debenhams dress has an overall rating of 4.4 stars. Among the reviews, one person said: "Stunner. Absolutely stunning quality dress. The gorgeous embellishments make it a heavy dress." A second wrote: "Beautiful dress. Gorgeous. Fantastic quality and true to size. The beading details is so pretty." A third added: "Stunning! This dress is so beautiful. It is as lovely as it looks in the pictures. It is fully beaded. I feel amazing wearing this." However, some shoppers did mention issues they'd experienced with the dress, particularly about the fit. While still praising the product, one person said: "Beautiful Dress! The embroidery and beadwork really is stunning and the dress is amazing quality for the price! "Only issue is the cut of the sleeve mixed with the embroidery means it's really tight on the top of the arm - would definitely be an issue if you wanted to throw some shapes. Otherwise though, it's gorgeous!" Another wrote: "Comes up small. Gorgeous dress but comes up small. The skirt is panelled in a way that means it'll go around but the pattern is blocked off with plain black and looks a bit weird / is deviously too small. Suggest buying a size up!" Most of the reviews were positive and some even claimed the dress got them "so many compliments." One said: "Lovely velvet look great beautiful design and worth the money." A different shopper added: "Looks great on. I brought it for my birthday dinner and got so many compliments. I was so conscious of my stomach (I easily bloat) but it hides all sins." A third said: "Luxurious and quirky! I had never purchased from Coast before but when I saw this dress I absolutely had to have it." Another commented: "Love this dress! Stunning! Gets so many compliments. "Fits well, the beading is secure and the sleeves are really voluminous. More than the picture does justice!"
