The RealReal reported a 10% dip in total revenue to $143 million for the fourth quarter, with the luxury online platform narrowing its losses to round out the year 2023. The RealReal The San Francisco-based company said GMV for the three months ending December 31 fell 9% to $451 million, on the back of a 10% [...]read moreThe RealReal narrows losses in Q4, sees improving year
Just when you thought the NAR lawsuit coverage was over, Keller Williams agrees to settle for $70M, bringing a big blow to real estate agent commissions. How will this impact buyers and sellers, and are we entering a new age of home buying where only a fraction of the real estate agents exist? We’re getting [...]read moreKeller Williams Settles for $70M in NAR Lawsuit, Banks “Rocked” by RE Losses
In 2023, Jumia revised its adjusted EBITDA loss guidance thrice: $100-120 million in Q1, $90-100 million in Q2, and $80-90 million in Q3, aiming for a 57-61% year-over-year reduction if met. The company exceeded these expectations and significantly outperformed in that regard. It ended the year with $58.2 million in adjusted EBITDA loss, marking a [...]read moreJumia reduces losses by over 90% amid focus on restoring order and GMV growth
Boohoo has filed the accounts for its subsidiary Debenhams at Companies House with the year to the end of last February showing losses that were much, much smaller than the previous year. Debenhams In fact, the company reported only a pre-tax loss of £732,000 in the 12-month period compared to a much bigger loss of [...]read moreDebenhams shrinks its losses as sales rise globally
2024 is the 100th anniversary year of the Belstaff brand and the company has kicked off the year by… filing its accounts. OK, that may not be quite the spectacular all singing, all dancing kind of event we might expect further on in this birthday year, but there was some good news in the filing, [...]read moreBelstaff reports higher turnover but one-offs mean losses widen