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Poshmark's first-quarter sales rise 42% as sticker-conscious shoppers turn to used clothes

Poshmark's first-quarter sales rise 42% as sticker-conscious shoppers turn to used clothes

Key Points Poshmark reported first-quarter revenue growth of 42%, as consumers turned to the secondhand site to refresh their wardrobes without breaking the bank. Founder and CEO Manish Chandra said searches for "crop tops" were up 101% year over year in March. Searches for "jean shorts" were up 85%, he said. Poshmark said it...

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Manish Chandra Poshmark Rafael Henrique

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