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A K A Brands Holding Corp (NYSE: AKA) is a leading digital-first retailer specializing in Gen Z and Millennial fashion markets. This page serves as the definitive source for official company announcements, financial updates, and strategic developments across its portfolio of brands including Princess Polly, Culture Kings, and Petal & Pup.
Investors and industry observers will find real-time access to earnings reports, acquisition announcements, partnership details, and leadership updates. Our curated news collection provides essential context for understanding AKA's position in the competitive online fashion sector, particularly within its core Australia/New Zealand markets.
Key content categories include quarterly financial results, brand expansion initiatives, e-commerce innovations, and market trend analyses. All information is sourced directly from verified corporate communications to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined tracking of A K A Brands' progress in digital retail. Check back regularly for updates on how the company continues to shape youth fashion trends through its data-driven brand strategy.
Princess Polly, part of a.k.a. Brands Holding Corp. (NYSE: AKA), has announced plans to open seven new U.S. stores in 2025, expanding its total store count to 13. The new locations will include stores in SoHo (NYC), Miami, Glendale, Columbus, White Plains, Garden City, and King of Prussia.
The fashion brand's expansion follows the success of its existing six stores. The new locations, spanning 4,000-5,000 square feet, will feature the brand's signature elements including selfie mirrors and unique furniture installations. Four stores are scheduled to open in the first half of 2025, with the remaining locations launching in the second half.
Each store opening will be celebrated with grand opening events featuring prizes, giveaways, and special offers. The expansion represents Princess Polly's commitment to its hybrid retail strategy, aiming to enhance customer engagement through physical retail presence.
a.k.a. Brands (NYSE: AKA) reported strong Q4 2024 results with net sales increasing 6.8% to $159.0 million, driven by impressive U.S. growth of 21.6%. The company posted a net loss of $(9.4) million, or $(0.88) per share, improving from $(13.9) million loss in Q4 2023.
For full-year 2024, net sales grew 5.2% to $574.7 million, with Adjusted EBITDA reaching $23.3 million (4.1% of net sales). Princess Polly's expansion continues with plans to open seven new stores in 2025, including its first NYC location. Both Princess Polly and Petal & Pup will expand to all Nordstrom locations in Q1 2025.
Looking ahead, the company projects 2025 net sales between $600-610 million and Adjusted EBITDA between $27.5-29.5 million. Q1 2025 guidance expects net sales of $121-124 million with Adjusted EBITDA of $1.5-2.0 million.
a.k.a. Brands Holding Corp. (NYSE: AKA) announced it will report its fourth quarter and fiscal 2024 financial results on March 6, 2025, after the market close.
The company will host a webcast call with management at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) on the same day. The webcast will be accessible through the company's website at ir.aka-brands.com. Investors and analysts can join the call by dialing (877) 858-5495 or (201) 689-8853.
A replay of the conference call will be available approximately three hours after the call's conclusion on the company's website or by dialing (877) 660-6853 or (201) 612-7415 for international callers, using conference ID 13751373. The replay will be accessible until March 13, 2025.
a.k.a. Brands (NYSE: AKA) has appointed Ciaran Long as permanent Chief Executive Officer, following his interim role since March 2023. Under Long's leadership, the company achieved significant milestones, including a return to net sales growth and three consecutive quarters of double-digit U.S. sales expansion.
Long brings 25 years of financial leadership experience, previously serving as CFO of Samsclub.com and holding leadership positions at Walmart's eCommerce division, CBS, CNET Networks, and KPMG. The company also promoted Kevin Grant to Chief Financial Officer, who has been serving as Global Controller since April 2021 and brings over 20 years of accounting and finance experience.
The company plans to continue expanding its portfolio of four fashion brands across channels and geographies, with intentions to add more brands over time.
a.k.a. Brands (NYSE: AKA) announced preliminary Q4 and fiscal 2024 results, showing strong growth. Q4 net sales increased 6.8% to $159.0 million, with U.S. sales up 21.6% to $96.1 million. The company raised its Q4 adjusted EBITDA guidance to between $6.0-6.2 million, up from $1.3 million in Q4 2023.
For full-year 2024, net sales grew 5.2% to $574.7 million, with U.S. sales increasing 16.9% to $368.8 million. Full-year adjusted EBITDA is expected between $23.0-23.2 million, compared to $13.8 million in 2023.
The company reported expansion of its omnichannel initiatives, with Petal & Pup expected to be available in all Nordstrom stores, and Princess Polly opening two new stores in California with plans for a New York City location.
a.k.a. Brands Holding Corp. (NYSE: AKA), a brand accelerator of next generation fashion brands, has announced its participation in the 27th Annual ICR Conference at Grande Lakes Orlando in Orlando, FL. The company's management will deliver a presentation on Monday, January 13, 2025, at 1:00 p.m. Eastern Time. The presentation will be accessible via live webcast on the company's Investor Relations website, with an online archive available afterward.
a.k.a. Brands Holding Corp. (NYSE: AKA) reported its Q3 2024 financial results. Net sales rose 6.4% to $149.9 million from Q3 2023, with U.S. sales up 19.5%. The company saw a net loss of $(5.4) million, or $(0.51) per share, an improvement from the $(70.4) million loss in Q3 2023. Adjusted EBITDA grew to $8.2 million, a 75% increase. Active customers grew 14.1% over the past twelve months.
Princess Polly opened three stores in 2024 and plans to open its first NYC store in early 2025. Petal & Pup expanded into 40 Nordstrom stores. Gross margin improved to 58.0% from 55.4%, driven by full-price selling.
However, selling, marketing, and G&A expenses increased. Debt rose to $111.9 million, and cash flow from operations was negative at $(6.3) million. For fiscal 2024, the company expects net sales between $567 million and $572 million, and adjusted EBITDA between $22 million and $23 million.
Princess Polly, part of a.k.a. Brands Holding Corp. (NYSE: AKA), announced plans to open a new store in New York City's SoHo neighborhood in early 2025. The 8,000-square-foot location at 514 Broadway will feature over 5,000 styles across two levels, including apparel, footwear, and accessories. The store will include Instagrammable spaces, a permanent photo booth, LED screens, and 12 fitting rooms. This expansion follows the brand's first physical location in Los Angeles in 2023 and planned openings in Scottsdale, San Diego, Boston, Santa Clara, and Orange County, marking significant growth in Princess Polly's U.S. brick-and-mortar presence.
a.k.a. Brands (NYSE: AKA) has announced it will release its third quarter 2024 financial results after market close on Thursday, November 7, 2024. The company will host a webcast with management at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time). Investors can access the webcast through the company's website at ir.aka-brands.com or join via phone. A replay will be available until November 14, 2024, through the website or by calling the provided numbers.
a.k.a. Brands Holding Corp. (NYSE: AKA), a brand accelerator of next generation fashion brands, has announced its participation in the upcoming Sidoti Micro Cap Conference. Interim CEO and CFO Ciaran Long is scheduled to present on Wednesday, August 14, 2024, at 3:15 pm Eastern Time.
The presentation will be webcast live and can be accessed on the company's Investor Relations website at https://ir.aka-brands.com. An online archive of the presentation will also be available on the site following the event.
