Poshmark news and archive
Poshmark acquires sneaker authentication platform Suede One
US second-hand fashion marketplace Poshmark has bought sneaker authentication platform Suede One for an undisclosed sum. It marks the first acquisition by Poshmark as it continues to establish itself as one of the major players in the burgeoning resale market. “We are laser-focused on making strategic investments that fuel the continued growth...
13 Oct 2021
Poshmark Q2 revenue up 22 percent
US second-hand fashion platform Poshmark has reported a 22 percent increase in net revenue in the second quarter of the year. For the three months to June 30, revenue increased to 81.76 million dollars compared to 66.87 million dollars a year earlier as its trailing 12 months active buyer numbers increased 16 percent to 7 million. Gross...
11 Aug 2021
Poshmark appoints Ebony Beckwith to board of directors
Poshmark, Inc., a social marketplace for new and secondhand style for women, men, kids, pets, home and more, has appointed Ebony Beckwith, chief philanthropy officer at Salesforce and CEO of the Salesforce Foundation, to its board of directors, effective immediately. With the appointment of Beckwith, Poshmark’s board consists of eight members. “...
10 Aug 2021
Podcast: Fashion is your Business interviews Manish Chandra and Tracy Sun of Poshmark
In this episode, Fashion is your Business has interviewed Manish Chandra and Tracy Sun of Poshmark, an online marketplace for women's fashion. Listen to the podcast below. Source: Fashion is your Business via OmnyStudio
8 Jun 2021
Poshmark appoints first chief people officer
Fashion marketplace Poshmark, which launched its IPO at the beginning of the year, has named William Ingham as its first chief people officer. In the new position, Ingham will lead all aspects of the company’s global human resources function, including talent acquisition and retention, rewards and recognition, performance management,...
15 Mar 2021
Poshmark announces pricing of IPO
Fashion marketplace Poshmark has revealed the pricing of its IPO. The company said it plans to sell 6.6 million shares of its Class A common stock at 42 dollars apiece. The company is expected to be listed on the Nasdaq Global Select Market on 14 January under the ticker symbol ‘POSH’. It comes after German luxury fashion e-tailer Mytheresa...
14 Jan 2021
Poshmark reportedly files to go public
Poshmark, the resale platform for secondhand clothing that has been seeing impressive revenue, has reportedly filed to go public. The news was reported by Bloomberg. The number of shares and IPO price have yet to be determined. Poshmark had been holding off an IPO to focus on boosting sales and other ways to improve sales performance. Poshmark...
28 Sep 2020
Poshmark appoints Serena Williams to board
Peer-to-peer second hand e-tailer Poshmark has appointed tennis champion and fashion designer, Serena Williams to its board of director. In a statement, Poshmark stated that Williams was a “natural fit” to join its board as the company continues to scale its social commerce platform as the tennis star has been an “advisor and investor in...
21 Feb 2019