Culture Kings news and archive

A.k.a. Brands narrows Q2 loss, adjusted EBITDA up 44 percent

Net sales at A.k.a. Brands increased 9.5 percent or 10.1 percent constant currency basis to 148.9 million dollars in the second quarter. In the US, net sales increased 19.3 percent. Net loss for the quarter narrowed to 2.3 million dollars or 22 cents per share, while adjusted EBITDA increased to 8 million dollars. “Our second quarter results...

Business

a.k.a. Brands Q3 sales drop, but losses narrow

US fashion group a.k.a. Brands has reported a drop in sales in the first quarter of the year, but managed to reduce its losses. In the three months to September 30, net sales fell 3.7 percent to 155.8 million dollars, and was flat on a constant currency basis. The San Francisco-based company said sales were impacted by a decrease in the average...

Retail

Culture Kings opens first US flagship in Las Vegas

Streetwear label Culture Kings has revealed its first US flagship store, located at The Forum Shops at Caesars in Las Vegas, Nevada. In the 25,000 square foot space, the a.k.a.-owned brand introduced a number of immersive experiences that take it beyond just retail, including a recording studio and a live DJ stand. Further in-store activations...

Business

a.k.a Brands appoints Jonathan Yuska as president of Culture Kings US

Jonathan Yuska has been announced as the new president of Culture Kings US, as revealed by brand accelerator group and the company’s owner, a.k.a Brands. Yuska will report directly to the CEO and co-founder of the Australian streetwear label, Simon Beard, and will be tasked with leading the brand’s continued expansion throughout the US. To the...

BusinessFeatured

a.k.a. Brands expects to raise up to 263.9 million dollars in New York IPO

Direct-to-consumer fashion platform a.k.a. Brands says it expects to raise 263.9 million dollars in its upcoming IPO. The company, which owns brands Princess Polly, Petal & Pup, Rebdolls, and Culture Kings, announced Monday it is offering 13.89 million shares of its common stock at a price of between 17 dollars and 19 dollars. It comes after the...

BusinessFeatured

a.k.a. Brands acquires Australian streetwear retailer Culture Kings

Direct-to-consumer fashion platform a.k.a. Brands has acquired Australian streetwear retailer Culture Kings for an undisclosed sum. a.k.a. said access to its platform will allow Culture Kings “to accelerate profitable growth in direct-to-consumer brands by leveraging collective scale and operational support within an asset-light, data-driven...