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current news

Adore Me 2017 Sales To Exceed $100 Million


(Filed Under wholesale Lingerie News). Adore Me, the online lingerie brand, reported that sales will exceed $100 million in 2017.

Founder and CEO Morgan Hermand-Waiche told BODY Magazine, in an exclusive email interview, that “Our revenue has multiplied by more than five-folds - from $15.5M in 2014 to a whopping $84M in 2016. And we are currently on track to reach over $100M in 2017.”

Additional details of the brand’s growth are contained in the profile which will be published in the December issue of BODY.

Meanwhile, according to the company, Goldman Sachs recognized Hermand-Waiche, “as one of the 100 most intriguing entrepreneurs of 2017 at its Builders + Innovators Summit in Santa Barbara, California.” The event was held October 18-20, 2017.

Hermand-Waiche declared, “I’m honored and thrilled to be part of this prestigious list,” adding “This recognition serves as a testament of success to both me and Adore Me – and I look forward to taking the company even further on my mission to disrupt the lingerie industry to the core.”

Adore Me is based in New York City and claims “140 employees across the U.S. and Europe.” The company stated in a press release that it “has established a strong customer base of over 11M women, predominately urban millennials, and 80% of its traffic comes from mobile.” — NM


more wholesale Lingerie News >>

Published 10-28-2017 by Nick Monjo

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