Sea Bags Sailing Through Uncertain Times – WWD
Sailing season is in full swing and accessories brand Sea Bags is reining in the benefits.
In fact, despite continued inflationary pressures that have caused many consumers to rethink their spending habits, the Portland, Maine-based brand — which makes handmade, sustainable bags and other home decor, such as outdoor pillows and doormats from recycled sails — has grown during the pandemic.
In the last 12 months, Sea Bags revenues have grown by more than 60 percent — 97 percent in the last three years. The business has also increased its store footprint by approximately 50 percent since 2020, today counting 45 brick-and-mortar locations in its fleet, up from 20 in 2019 and in new markets, including Michigan, Florida and California; increased its pre-pandemic workforce of 150 people to more than …
More on: wwd.com