Kidpik news and archive

Kidpik and Nina Footwear to merge

Kidpik, the kids’ online clothing subscription-based e-commerce company, and Nina Footwear Corp., which specialises in women’s and kids’ dress shoes and accessories for special occasions, have entered into a definitive merger agreement. In a statement, the board of directors of both companies said they had approved the all-stock transaction and...

Business

Kidpik Q4 revenue down 10 percent, but losses narrow

Kidpik, an online clothing subscription service for children, has reported a 10 percent drop in revenue in the final quarter of the year, though it managed to narrow its losses. Net revenue in the four months ended December 31 fell to 4.74 million dollars from 5.27 million dollars a year earlier, as the number of shipped items decreased to...

Business

Kidpik reports widening Q2 loss as revenue drops

Kidpik, an online clothing subscription service for kids, has reported a drop in revenue and a widening loss in the second quarter of the year. In the three months to July 2, revenue fell 33.4 percent to 3.8 million dollars, with CEO Ezra Dabah citing “continued weakness in new customer acquisition, partly due to a decline in industry-wide...

Business

Kidpik reports 18.7 percent drop in Q1 revenue

Kidswear subscription service Kidpik has reported an 18.7 percent drop in revenue in the first quarter of the year after announcing last month that changes in how data can be used by social media platforms will impact its trading. In the three months to April 1, the company made revenue of 4.3 million dollars, down from 5.3 million dollars in...

Business

Kidpik FY revenue up, but Q4 impacted by new social media data rules

Kidswear subscription service Kidpik has reported an increase in annual revenue, but said changes in how data can be used by social media platforms impacted its trading in the fourth quarter. In the three months to January 1, revenue dropped 10 percent year-over-year to 5.3 million dollars. The company said that changes in data access and...

People

Kid's subscription service Kidpik appoints new board member

Kidpik, an online clothing subscription service for kids, has named Bart Sichel as a new board member. Sichel has over 25 years of experience across various sectors including retail, media, financial service, travel and hospitality. He was previously the chief marketing officer of Burlington Stores and spent 13 years as a partner in the...

Business

Kid's subscription service Kidpik reports increase in Q3 revenue

Kidpik, an online clothing subscription service for children, has reported a 20.3 percent increase in revenue in the third quarter of the year. In the three months to October 2, revenue increased to 5.57 million dollars compared to 4.63 million dollars a year earlier. CEO Ezra Dabah said the increase in revenue was driven “mainly by the...

Business

Kidpik to go public

Subscription-based children’s wear e-commerce company Kidpik Corp. is going public. The New York-based company announced the pricing of their IPO last night at 8 dollars and 50 cents per share for aggregate gross proceedings of 18 million dollars. Trading will begin today on the Nasdaq Capital Market. Kidpik has granted underwriters a 45-day...