Etsy news and archive

Will Etsy be the next Amazon? Facts and figures about e-commerce in the US

Watch out, Amazon, for Etsy is becoming the online marketplace of choice for many US shoppers. That’s one of the conclusions in the latest report on the state of e-commerce in the United States, published this week by the Ecommerce Foundation. Amazon websites continue to be the undisputable champions in popularity, having gathered 197 million...

Report

Etsy’s COO to step down

Global marketplace Etsy announced that its Chief Operating Officer, Linda Findley Kozlowski, will be leaving the company at the end of the year to pursue other opportunities. “Over the next four months, Linda will work with Etsy’s leadership team to ensure a seamless transition and help the company to execute on its 2018 goals and key...

Business

Etsy signs agreement to take in users from German competitor DaWanda

Etsy has taken another step forward in its European expansion. The American online marketplace for handmade and vintage items has signed a deal with its struggling German competitor, DaWanda, which is set to halt operations on August 30. The agreement aims to make it easy for vendors to transition from DaWanda’s to Etsy’s selling platform. ”We...

Business

Etsy reports 1 billion dollars in GMS for fourth quarter 2017

Kicking off 2018 on the right foot, online marketplace Etsy seems to be growing more than ever. The global company, known for creative goods and apparel, just announced its financial results for its fourth quarter and full year ended December 31, 2017. In 2017, the company resulted in a 23.6 percent growth in comparison to the previous year in...

Report

Trouva raises 10 million USD in funding round

London - Trouva, online marketplace for independent bricks-and-mortar boutiques, has successfully raised 10 million USD in a series A round of funding led by BGF Ventures, which previously backed other leading online retailers such as Asos, Farfetch and Etsy. Octopus Investments, Index Ventures, and other return investors also participated in...

People

Etsy names Rachel Glaser chief financial officer

Marketplace Etsy has named Rachel Glaser as its new chief financial officer to succeed Kristina Salen, whose March 31, 2017, departure was announced last year. Glaser, who has more than 30 years of senior financial experience in similar roles, will join Etsy on June 1 and will be responsible for overseeing the marketplaces global financial...

News |OPINION

Fast Fashion: Fasting and Detox

New York - H&M kicked off its “World Recycle Week” on Monday during which they offer to take your old clothes to be recycled in exchange for shopping vouchers. They are celebrating the initiative with a video of cool-girl activist rapper M.I.A singing a song entitled “Rewear It” while dancing on a pillar of recycled clothes. If you think...

Fashion |OPINION Featured

Fast Fashion: Fasting and Detox

Retail

Galeries Lafayette, BHV Marais showcase Etsy designers

Designers who present and sell their creations via the online marketplace for handmade goods and crafts, Etsy, now have a chance to enter two Parisian department stores, Galeries Lafayette and BHV Marais. From April 13 to May 7, Parisians and those visiting the fashion capital will be able to see creations by French Etsy designers at BHV Marais,...

Fashion Featured

SLEMinar: “I say to you - Long Live Fashion!"

London - “Some people say that ‘Fashion is dead!’ But I say to you - Long live fashion - as it’s part of our lifestyle and our biggest export and most copied product! But we have to involve emotion and material knowledge again,” stressed Flor Depla, chief executive officer at Intens41 Agencies during her presentation at SLEM’s first conference...

Business

Etsy takes the IPO route

It's official - Etsy, the online marketplace for handmade and vintage items has filed for an initial public offering at the US Securities and Exchange Commission. The filing comes weeks after speculation had been circulating that the firm aimed to launch an IPO and was hoping to raise up to 300 million dollars. According to the regulatory filing...

Business

Etsy may raise 300 million dollars in US IPO

Online marketplace for handmade and vintage items, Etsy Inc., is said to have set its sights on an initial public offering, which could occur within this quarter, according to people familiar with the matter. The Brooklyn-based firm is said to working with Morgan Stanley and Goldman Sachs Group Inc. on the IPO, which is poised to become the...