Monday, July 22, 2013
ModCloth sales over $100M in 2012
Modcloth, the San Francisco vintage clothing retailer that previously was based in Pittsburgh, is continuing the strong business it did in 2012 this year.
Bloomberg has an interview with founders Eric and Susan Koger, who said sales are up 40 percent over the more than $100 million Modcloth did in 2012. It's doing brisk business in mobile, whether it's smartphones or tablets: Forty-two percent of the visits to its website are now on mobile, compared to 27 percent at the beginning of the year.Modcloth was founded in 2010 by the Kogers, who went to Carnegie Mellon University...Read more»
By: Paul J. Gough