Redbubble parent Articore’s revenue falls 12 per cent
Inside Retail
APRIL 25, 2024
Articore has reported its third-quarter marketplace revenue fell 12 per cent year on year to $78.1 million amid a short-term disruption due to changes in the company’s paid marketing strategy. The company – which owns Redbubble and TeePublic online marketplaces – reported gross profit up 4 per cent to $34.8 million and gross margin rose to 44.6 per cent. “Driving profitable revenue growth for the group remains our primary objective going forward,” said Martin Hosking, Articore
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