“2022 marked the end of our first full year as a public company, and while we made important progress, the year came to a challenging close, with results below our expectations due to both execution and macro challenges.”

WHP’s brand portfolio in three verticals has generated over $6.5 billion in global retail sales.

Along with their funding announcement, Rubi also established initial strategic partnerships with brands such as Reformation, GANNI, Nuuly, H&M, and Patagonia to pilot their innovative solutions.

Circular fashion startup Circ raised almost $9 million in a Series A funding round in 2020, followed by a $30 million Series B round in July 2021, as the company continues to use patented technology to recycle fashion waste and reduce the demand for virgin clothing materials.

Originally founded in 1906, New Balance has been making running shoes since 1938. In 2000, New Balance reached the $1 billion revenue milestone. It has managed to double its sales in the last 10 years.

Compared with the company’s September 2021 initial public offering price of $24.50 per share, the stock has fallen 79.9%.

February 28, New York based Warby Parker announced its […]

Sleep Number will introduce their next-generation smart beds beginning in the second quarter.

It has been reported that for over a year now, Berry has been consistently using Pendulum’s gut health product Akkermansia and metabolic support product Metabolic Daily.

Jim Weber, CEO of Brooks Running, said “The future has never been brighter for performance running.”