Must have a lot of demand. The limited time only f
Post# of 32626
https://www.market.live/portal/seller-splash
I like this page as it's very easy to understand.
I already mentioned...
if you get the Container Store and The Gap, it's game over.
Now I see Gap Factory, Banana Republic and Athleta
For those that don't know, those brands are owned by Gap Inc
They make a ton of revenue
Net sales in Q1 was $3.5B. That's quarter, not year.
About half of that came from the Gap Inc. brands Verb already signed up.
Guess who the other brand is? Are they next?
Just as Rory said...
Quote:
Brian Kinstlinger
Got it. Understood. I just don’t want to write it wrong tomorrow.
In the past, you’ve talked about—and you did it here—on-boarding the multimillion-dollar brand, and clearly there’s a lot of different, I’ll call it red tape, of getting everyone on board the same time, getting everyone on the same page. Can you help us first understand how many multibillion dollar brands have been on-boarded, and which quarter do you expect one or two might run their first-year standalone event or participate in a festival?
Then lastly on that, what was the reaction of Shopfest given the quality and some of the numbers you’ve produced?
Rory J. Cutaia
Okay. So, I didn’t write those questions down. I’ll try and go from memory.
I’m not quite sure how many of those large companies are actually in the queue right now. I would think that you’re going to start seeing some of those brands showing up in the—I’m going to say very near-term. I guess I kind of alluded to it in my comments before, but let me be just a bit more direct. There were a lot of very large brands that like the platform, really appreciate what we did, want to be a part of it, have made certain commitments, but have either just taken too long to get through the process in order to have actually been on Shopfest, or, and I suspect this may have held true for certainly some of them, it was important for them to have seen Shopfest come off at the level that it did because that seems to have accelerated some things that I think you and others that are following the platform will begin to see pretty quickly now that we have done what we’ve done with Shopfest .