fromThe Business of Fashion
6 days agoIntimates Brand Parade to Shutter After 6 Years
Launched in 2019 by then-university students Cami Téllez and Jack DeFuria, Parade cultivated an online following by embracing size diversity and accessible pricing, and by sending free products to "microinfluencers" in exchange for promotional posts across social media. While other fashion companies floundered during the heavily online Covid-19 pandemic, Parade earned $10 million in revenue on the back of its viral marketing strategy.
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