Fleek, a marketplace for wholesale second-hand clothes, sews up $20M [TechCrunch]
Urban Outfitters, Inc. (URBN)
Last urban outfitters, inc. earnings: 3/3 04:10 pm
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Source: TechCrunch
improve how this very fragmented industry operates is now announcing funding to double down on the opportunity. Fleek , an online marketplace that connects second-hand clothing wholesalers with those who sell it at retail, has raised a $20.4 million Series A to continue expanding its platform. To date, Fleek says it has worked with some 10,000 resellers and retailers from 70 countries, moving 2.5 million items of second-hand clothes from 1,000 wholesale suppliers. The investment comes from an impressive list of backers: HV Capital is leading the round, while Andreesen Horowitz (which led the startup's seed round) and accelerator Y Combinator (where Fleek was a part of the Winter 2022 batch) are participating. Individual backers in the round include Shopify president Harley Finkelstein, Depop's ex-CEO Maria Raga, and Postmates' CTO Sean Plaice. Fleek was founded by friends Abhi Arora and Sanket Agarwal following a very direct grievance from a future in-law. It was 2021, and the
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News
- Are Investors Undervaluing Urban Outfitters (URBN) Right Now? [Yahoo! Finance]Yahoo! Finance
- These 2 Retail-Wholesale Stocks Could Beat Earnings: Why They Should Be on Your Radar [Yahoo! Finance]Yahoo! Finance
- Q2 Earnings Highs And Lows: Urban Outfitters (NASDAQ:URBN) Vs The Rest Of The Apparel Retailer Stocks [Yahoo! Finance]Yahoo! Finance
- A 29-year-old thrifter who replaced her 9-to-5 income reselling clothes on eBay shares the strategies she uses to find profitable items [Business Insider]Business Insider
- The Best White Elephant Gifts Under $30 That Are Unique And Useful [Forbes]Forbes
URBN
Earnings
- 8/21/24 - Beat
URBN
Sec Filings
- 9/10/24 - Form 4
- 9/9/24 - Form 10-Q
- 9/6/24 - Form 144
- URBN's page on the SEC website