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WeShop adds new US and UK retail partners to platform
Yahoo Finance· 2025-12-18 10:33
WeShop has broadened its retail partner base by bringing several additional chains onto its community-owned social‑commerce platform. The latest group of retailers includes Dick’s Sporting Goods, GNC, Gilt and JTV Jewellery. They extend the US-based company’s coverage into categories such as sporting goods, nutritional supplements, jewellery and higher‑end fashion. Users in both the US and the UK can access the new partners via the WeShop app. According to the company, customers purchasing through the ...
WeShop Expands Retail Partnerships with Top Brands, Bringing More Choices to Shoppers
Globenewswire· 2025-12-17 13:54
NEW YORK, Dec. 17, 2025 (GLOBE NEWSWIRE) -- WeShop Holdings Limited (“WeShop” or the “Company”) (NASDAQ: WSHP), the world’s first community-owned social commerce platform, today announced the addition of several major retail partners, enhancing its offerings and providing shoppers with even more ways to save and shop. The platform now features Dicks Sporting Goods, GNC, Gilt, and JTV Jewelry, alongside other leading brands. With these additions, WeShop continues to broaden its retail network, offering custo ...
Philippine Fintech etaily Exceeds $24M in Funding
Crowdfund Insider· 2025-12-08 01:03
etaily, the Philippines’ digital-native retail platform, has secured new strategic investments led by Japan’s Sumitomo Mitsui Banking Corporation (SMBC), through its SMBC Asia Rising fund, bringing its total funding to over $24 million. Other investors in this round include Kaya Founders, JGDEV of the Gokongwei Group, and some Asia-based families.etaily works with consumer brands in Southeast Asia, including Levi’s, Skechers, Abbott, L’Oreal, among others. It operates the e-commerce and marketing arm of mor ...
SoftBank stays in as Meesho $606M IPO becomes India's first major e-commerce listing
TechCrunch· 2025-11-28 16:09
Core Insights - Meesho, an Indian e-commerce platform, is launching a $606 million IPO, reflecting investor confidence in India's online retail market despite global tech shareholder sell-offs [1] - The company aims to raise ₹42.50 billion (approximately $475 million) through the IPO, with a post-issue valuation of around ₹501 billion (about $5.60 billion) [2][4] - Meesho is the first major horizontal e-commerce platform in India to go public, with competitors like Flipkart and Amazon also considering IPOs [3] Company Overview - Founded in 2015, Meesho started as a social commerce platform and has evolved into a full-fledged marketplace, targeting price-sensitive consumers and small merchants [6] - The company operates on a commission-light model, primarily earning from logistics fees, advertising, and services, while charging commissions on products sold through its Meesho Mall channel [6] Financial Performance - For the six months ending September 30, Meesho reported revenue from operations of ₹55.78 billion (approximately $624 million), up from ₹43.11 billion (around $482 million) the previous year [7] - The net merchandise value increased by 44% year-over-year to ₹191.94 billion (roughly $2.15 billion), but the company also reported a widened loss before tax of ₹4.33 billion (around $48.4 million) [7] User and Seller Metrics - In the last 12 months, Meesho recorded 234.20 million transacting users and had 706,471 annual transacting sellers [8] - The platform utilizes a network of over 50,000 active content creators for product discovery [8] Market Positioning - Meesho positions itself as a value-focused platform, contrasting with convenience-led competitors like Amazon and Flipkart [10] - The company aims to appeal to mass market consumers by offering a wide selection of affordable products [11] IPO Details - The IPO will open for public subscription on December 3, with 75% of the offer reserved for qualified institutional buyers, 10% for retail investors, and 15% for non-institutional investors [12]
Xcel(XELB) - 2025 Q3 - Earnings Call Transcript
2025-11-19 23:02
Financial Data and Key Metrics Changes - Net licensing revenues for Q3 2025 were $1.1 million, down from $1.5 million in Q3 2024, primarily due to cautious consumer spending and lower performance in the Halston license [14][15] - Adjusted EBITDA loss for Q3 2025 was approximately $653,000, representing a 38% improvement compared to a loss of $1 million in Q3 2024 [11][20] - The company reported a net loss of approximately $7.9 million for Q3 2025, or $2.02 per share, compared to a net loss of $9.2 million, or $3.92 per share in the prior year [19] Business Line Data and Key Metrics Changes - Direct operating costs for Q3 2025 were $2.2 million, down 23% from the prior year quarter, and year-to-date direct operating costs decreased by 36% to $6.3 million [15][16] - The Halston brand's performance has not met expectations, leading to adjustments in merchandising and design by G-III [12][19] Market Data and Key Metrics Changes - The company has seen a decline in licensing revenues year-to-date, with $3.8 million for the current nine-month period compared to $6.5 million in the prior year, largely due to the divestiture of the Lori Goldstein brand [15][16] - The social media reach across the brand portfolio is now 46 million, with a target of reaching 100 million followers by 2026 [10] Company Strategy and Development Direction - The company is focusing on leveraging new business opportunities with UTG, including sourcing products for retail partners and potential acquisitions [9] - Plans to launch five new influencer-led brands in 2026, diversifying into food, kitchen, home, and pet products, while transitioning supply chains to domestic production [10][40] - The company is cautious about Q4 2025 due to tariff impacts on QVC, HSN, and licensees [11] Management's Comments on Operating Environment and Future Outlook - Management believes the current macroeconomic environment poses risks but is optimistic about capitalizing on the shift from linear TV to digital streaming and social commerce [9] - The company anticipates sequential revenue growth in 2026 as new influencer brands come online and existing issues are resolved [40][42] Other Important Information - The company closed a $2 million net equity offering in Q3 2025, with $250,000 used to pay down a loan [8] - As of September 30, 2025, the company had stockholders' equity of approximately $17 million and unrestricted cash of approximately $1.5 million [22] Q&A Session Summary Question: Importance of hiring Olin Lancaster as Chief Revenue Officer - Management highlighted the significance of the hire, noting Lancaster's extensive experience and the long-standing relationship with the CEO [24] Question: Mitigating tariff impacts with domestic products - Management discussed the strategic focus on domestic sourcing for food and pet products to mitigate tariff risks [25][26] Question: Resolution of disruptions with Sea Wonder and Christie Brinkley - Management confirmed that the issues have been resolved, including vendor changes and programming challenges due to HSN's relocation [30] Question: Updates on product roadmap and brand rollouts - Management indicated that new products will start hitting the market in Q1 2026, with a focus on food products and pet accessories [32] Question: Revenue ramp expectations for the next 12 months - Management outlined a roadmap for launching new influencer brands and expanding into new categories to drive revenue growth [40][41] Question: Potential revenue outlook for 2026 - Management refrained from providing specific guidance but referenced analyst reports for potential revenue expectations [47] Question: Long-term revenue targets and brand potential - Management reaffirmed the potential for significant revenue growth from new brands, particularly in the pet and lifestyle sectors [51][52]
Xcel Brands (XELB) Q3 2025 Earnings Transcript
Yahoo Finance· 2025-11-19 22:52
Core Insights - The company reported a net loss of approximately $7.9 million for Q3 2025, an improvement from a net loss of $9.2 million in the same quarter of the previous year, indicating a positive trend in financial performance [18] - Adjusted EBITDA for Q3 2025 was approximately negative $650,000, representing a 38% year-over-year improvement compared to negative $1 million in Q3 2024 [19] - The company is focusing on launching five new influencer-led brands in 2026, which are expected to drive revenue growth and mitigate tariff impacts by sourcing products domestically [31][24] Financial Performance - Net licensing revenues for Q3 2025 were $1.1 million, down from $1.5 million in Q3 2024, primarily due to cautious consumer spending and lower performance in the Halston license [12] - Direct operating costs decreased by 23% year-over-year to $2.2 million in Q3 2025, attributed to business transformation and cost reduction efforts [13] - The company had a net loss of approximately $14.7 million for the nine months ended September 30, 2025, compared to a net loss of $15.3 million for the same period in the previous year [19] Strategic Developments - The company closed a $2 million net equity offering in Q3 2025, with management and insiders investing a total of $935,000 [5] - The company is exploring new business opportunities, including leveraging partnerships for product supply and potential acquisitions [6] - The addition of Olin Lancaster as Chief Revenue Officer is expected to enhance the company's strategic direction and brand launches [22] Market Positioning - The company is well-positioned to capitalize on the shift from linear TV to digital streaming and social commerce, with a social media reach of 46 million people across its brand portfolio [7] - The company anticipates reaching 100 million followers across its brand portfolio by 2026, indicating strong growth potential [8] - The Halston brand is undergoing adjustments in merchandising and design to improve performance, with expectations for growth in 2026 [11] Future Outlook - The company plans to diversify into new sales channels and expand product categories, particularly in home and garden and beverage sectors [31] - Analysts project potential revenue growth in 2026, with expectations for sequential increases each quarter as new brands are launched [33] - The company aims to achieve significant royalty income from its brands, with potential valuations indicating a disconnect between current market cap and asset value [35][37]
Xcel Brands, Inc. Announces Third Quarter 2025 Financial Results
Globenewswire· 2025-11-19 21:55
Core Insights - Xcel Brands, Inc. reported a total revenue of $1.1 million for Q3 2025, a decrease of approximately $0.8 million (42%) compared to Q3 2024, primarily due to a decline in net licensing revenue and cautious consumer spending [3][7] - The company is focused on returning to profitability and aims to achieve 100 million social media followers across its brand portfolio [2] Financial Performance - Total revenue for the nine-month period ended September 30, 2025, was $3.8 million, representing a decrease of approximately $3.3 million (47%) from the prior year's nine-month period [7] - Direct operating costs and expenses decreased by approximately $3.6 million (36%) to $6.3 million for the current nine months, reflecting cost reduction measures [8] - The net loss attributable to Xcel Brands stockholders for Q3 2025 was approximately $7.9 million, or $(2.02) per share, compared to a net loss of $9.2 million, or $(3.92) per share, for the prior year quarter [5][24] - Non-GAAP net loss for Q3 2025 was approximately $1.3 million, or $(0.34) per share, showing an improvement from a net loss of approximately $1.3 million, or $(0.57) per share, for the prior year quarter [6][11] Cost Management - Direct operating costs and expenses for Q3 2025 were $2.2 million, a decrease of approximately $0.7 million (23%) from the prior year quarter [4] - The company has reduced its direct operating expenses to an expected run rate of approximately $9 million per annum [4][9] Impairment and Debt - During Q3 2025, the company recognized a $5.5 million non-cash impairment charge related to its investment in the Isaac Mizrahi brand [4][9] - The balance sheet at September 30, 2025, reflected stockholders' equity of approximately $16.6 million and $12.5 million of term loan debt [12][26] Future Outlook - Management anticipates that upcoming launches of new brands will drive revenue growth in Q4 2025 and beyond [3][7] - The company aims to leverage its expertise in livestream shopping and social commerce to enhance its market position [14]
Charles & Colvard Partners with VideoShops to Bring Its Lab-Grown Jewelry and Customers to the Social Commerce Network with 50,000+ Influential Sellers
Prnewswire· 2025-11-17 13:30
Accessibility StatementSkip Navigation RESEARCH TRIANGLE PARK, N.C., Nov. 17, 2025 /PRNewswire/ -- Charles & Colvard, Ltd. (OTC: CTHR) (the "Company"), a globally recognized fine jewelry company that specializes in moissanite and lab-grown diamonds, today announced a strategic partnership with VideoShops, a next-generation social commerce network built to change how commerce flows throughsocial with over 50,000 sellers transforming how people shop, share, and engage with today's consumers. "We believe this ...
Xcel Brands to Host Third Quarter 2025 Earnings Call on November 19, 2025
Globenewswire· 2025-11-14 19:00
Core Viewpoint - Xcel Brands, Inc. is set to report its third quarter 2025 financial results on November 19, 2025, and will hold a conference call with the investment community on the same day [1][2]. Company Overview - Xcel Brands, Inc. (NASDAQ: XELB) is a media and consumer products company involved in the design, licensing, marketing, live streaming, and social commerce sales of various branded products [3]. - The company was founded in 2011 with a vision to innovate shopping, entertainment, and social media through social commerce [3]. - Xcel owns several brands including Halston, Judith Ripka, and C. Wonder, and has collaborations with brands like TowerHill by Christie Brinkley and Trust. Respect. Love by Cesar Millan [3]. - The company has generated over $5 billion in retail sales through livestreaming and digital channels, with more than 20,000 hours of content production in live-stream and social commerce [3]. - Xcel's brand portfolio has a reach of over 46 million social media followers and broadcasts into 200 million households [3]. - The executive team at Xcel has extensive experience in live streaming, production, merchandising, design, marketing, retailing, and licensing [3].
Social Media Overtakes Traditional Channels for Holiday Shopping Inspiration
Globenewswire· 2025-11-04 14:00
Core Insights - Social media is becoming a primary platform for shopping, customer care, and product discovery during the peak retail season, particularly for holiday gifts [1][4] - The Q4 2025 Pulse Survey indicates that 80% of shoppers will utilize social media as much or more than the previous year for holiday gift searches [2][4] Consumer Behavior - Among Gen Z and Millennials, social media is the top source for holiday gift inspiration, surpassing all other channels except in-store shopping [2][4] - 45% of respondents look to social media for product ideas, outpacing friends and family (35%) and other sources [2] Market Dynamics - The social commerce market is valued at $1.5 trillion, positioning social media as a central hub for discovery and customer care [3] - 73% of shoppers intend to contact brands via social media this holiday season, with expectations for quick and personalized responses [3] AI and Customer Care - A significant majority of consumers (69%) and 78% of Gen Z and Millennials are comfortable with brands using AI for faster and personalized customer care on social media [3][4] - The strategic use of AI chatbots is deemed critical for scaling customer care efforts during the holiday season [3] Brand Strategy - Authentic, human-driven content is essential for brands to engage effectively with consumers, as nearly 90% of consumers believe brands listen well on social media, but 55% feel they do not act on insights sufficiently [4] - Data privacy and ad control are key concerns for users as they approach 2026, with Facebook, Instagram, YouTube, and TikTok being the preferred platforms for engagement [4]