fashionette’s Q221 results demonstrated KPI trends that were consistent with previous quarters (growing customers and order numbers), but with lower average order values. Growth rates slowed versus Q121 owing to the tougher comparative due to the boost from COVID in Q220. Migration issues on the transition to a new logistics partner led to a recent downgrade in management guidance for FY21, but it is confident of a return to strong growth in Q4, the traditional peak selling period. The FY21 EV/E ....
13 Sep 2021
fashionette - Strong re-acceleration required in Q421
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
fashionette - Strong re-acceleration required in Q421
fashionette’s Q221 results demonstrated KPI trends that were consistent with previous quarters (growing customers and order numbers), but with lower average order values. Growth rates slowed versus Q121 owing to the tougher comparative due to the boost from COVID in Q220. Migration issues on the transition to a new logistics partner led to a recent downgrade in management guidance for FY21, but it is confident of a return to strong growth in Q4, the traditional peak selling period. The FY21 EV/E ....