In APAC, Q3 revenue declined 4% due to China, partly because of the Covid impacts.
As of December 31, 2021, Stella McCartney’s turnover increased by 14% year-on-year to 32.5 million pounds, gross Profit rose 17% year-on-year to £23.8 million.
Worn’s buyers and sellers will be onboarded onto the Sellier platform as part of the deal, growing the latter’s business by around 25 percent in the coming year.