Perfect Moment reports preliminary annual loss

Perfect Moment said preliminary full-year revenue is expected to decline 12% to $21.4 million, despite a 2.6% increase in revenue in the fourth quarter.  Perfect Moment reports preliminary FY25 loss – Perfect Moment Excluding Hugo Boss collaboration revenue, which concluded in fiscal 2024, annual revenue rose approximately 1% year-over-year.  The revenue decline was partly attributed to…

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US trade overhaul creates high-five moment for resale retailers

By Bloomberg Published April 6, 2025 ThredUp Inc. Chief Executive Officer James Reinhart gave a colleague a high five shortly after President Donald Trump’s overhaul of US trade policy earlier this week—a reaction very different from those of other consumer-company executives hammered by the announcement.  ThredUp CEO James Reinhart. – Nate Fong Photography The impetus…

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