Victoria Beckham’s fashion business remains loss-making and the latest accounts, for 2018, show that its losses widened last year as sales fell. But it also talked of profitable Q4 EBITDA for the current year.
As the number of merchants using its platform surpassed 1 million worldwide, the Ottawa-based global e-commerce company saw its revenues soar up 45% in the third quarter, but surprised analysts with a net loss.
Shopify Inc raised its 2019 earnings forecast and posted a surprise quarterly profit on Tuesday on strong demand for its software that helps retailers sell goods online, sending its shares up 7 percent to a record high.
Greenwich, Connecticut-based entrepreneurial private investment company Emil Capital Partners has entered into a strategic investment to expand the retail growth of Texas-based spa and beauty brand, Milk + Honey.
Canadian e-commerce software maker Shopify Inc’s full-year adjusted operating income forecast fell short of analysts’ estimates on Tuesday, overshadowing a strong quarterly profit beat and sending its shares down 4%.