×
32 799
Fashion Jobs
ROSS STORES
Store Protection Specialist
Permanent · Honolulu
ROSS STORES
Store Protection Specialist
Permanent · Los Angeles
ROSS STORES
dc Operations Manager
Permanent · Shafter
ROSS STORES
Coordinator, Human Resources Administration
Permanent · New York
ROSS STORES
Manager, Transportation Finance
Permanent · Fort Mill
ROSS STORES
Manager, sr Operations - dc
Permanent · Perris
ROSS STORES
Lead Business Analyst, Master Data Office
Permanent · New York
ROSS STORES
sr. Manager, Cross Dock & Store Delivery Transportation Procurement
Permanent · Fort Mill
ROSS STORES
dc Operations Manager
Permanent · Perris
AEROPOSTALE
District Manager (Southern California), Sparc Group
Permanent · Los Angeles
COTY
sr Buyer, na Regional Skincare
Permanent · New York
NORDSTROM INC
Loss Prevention Security Ambassador - Tysons Corner
Permanent · McLean
NORDSTROM
Loss Prevention Security Ambassador Southcenter
Permanent · Tukwila
NORDSTROM INC
Security Ambassador 1-2
Permanent · Roseville
NORDSTROM INC
Loss Prevention Security Ambassador Last Chance
Permanent · Phoenix
NORDSTROM INC
Loss Prevention Security Ambassador Portofino Shopping Center Rack
Permanent · Shenandoah
KOHLS
Full-Time Sales Supervisor - Hardlines
Permanent · Greenville
KOHLS
District Loss Prevention Manager - Robinson PA
Permanent · Pittsburgh
KOHLS
Full-Time Loss Prevention Service Specialist
Permanent · Salem
BUSTLE
Sex And Relationships Editor, Bustle
Permanent · New York
LEVI'S
sr. Manager IT, HR Technology, Service Delivery And Employee Experience
Permanent · Westlake
MARMAXX
70185-Loss Prevention Training Specialist
Permanent · Pinellas Park
Published
Dec 16, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Revenues surge at Lyst as it launches in new markets

Published
Dec 16, 2019

An aggressive expansion programme, involving seven new international sites, new marketing channels and a new app, helped fashion start-up Lyst deliver a 20% increase in annual revenues to £18.2 million in the year ended 31 March.


Chris Morton, Co-Founder and CEO of Lyst. - Balderton


But the continued investment pushed the London-based company deeper into the red, with losses more than doubling to £6.2 million during the same period.

Lyst, which was founded in a small shed in Shoreditch in 2010, said millions of global shoppers use its platform to search for fashion from thousands of designers and stores, including Burberry, Farfetch, Harrods, Net-A-Porter and Prada.

Last year it raised £44 million in a round of financing led by French luxury conglomerate LVMH, which owns Louis Vuitton and Christian Dior. The equity fundraise was used to invest in long-term priorities such as launching non-English websites, experimenting with a new app and expanding the core team.

The new international platforms in France, Germany, Spain and Italy delivered £985,000 in revenues in their first months of trading. Lyst launched the new sites during the year, after seeing good results in its core markets in the UK, the US, Canada and Australia.

Since year end, the company has added top Google product executive Bradley Horowitz to its board of directors.

Copyright © 2021 FashionNetwork.com All rights reserved.