Haley Pavone’s Post

View profile for Haley Pavone, graphic

Founder & CEO at Pashion™ | Forbes 30 Under 30, Shark Tank Alum, TikTok Creator (@haley_pavone) - 750K+

In the fashion retail world, it is anticipated that Q1 will underperform against the holiday rush of Q4 even in the most successful of brands. I'm blown away to share that Q1 2024 at Pashion Footwear has closed at 2% growth over Q4, and 222% year over year - recognizing a 22% EBITDA. The viral momentum around our convertible heels in the new year is tangible. In Q1, we saw our instagram grow 160% - earning us the title of the 3rd fastest growing brand on the entire platform. Of our 30 products dropped in our spring line, 21 of them are selling through at an average rate of 33% above projection (with 6 of our new products selling out in under 24 hours). We posted our highest single-sales day record in March - on a day with no promo, new release, or marketing activity of note....all it took was receiving the restock of our best sellers. We posted $230K in net sales in 24 hours (dramatically surpassing our previous record of $120k, which we achieved on Black Friday '23). The restock, originally forecasted to last ~90 days, was over 80% sold through in 72 hours. If the "worst quarter of the year for retail" can perform this well, I simply can't wait to see what the rest of 2024 has in store! #organicmarketing #cpg #convertibleheels #startup #femalefounder #growth #growthmarketing #brandawareness #footwearindustry #innovation #productmarketfit

Danielle L. Vermeer

Co-Founder & CEO of Teleport | Fashion x Tech x Resale | ex-Amazon

1mo

Incredible growth, Haley Pavone! What's your biggest challenge in staying in stock (e.g., forecasting, supply chain costs, etc.)?

Like
Reply
Rae Foote

helping people be human | authenticity, community, connection | #AtlassianCreator

1mo

222! 🤩

Fernanda Fernandes Krassuski

Growth Strategist | Outbound Specialist | Digital Marketer | Human-Centered Marketing Advocate

1mo

Wow, sounds like Pashion Footwear is killing it in Q1 2024. Impressive growth and sales record. What's their secret to success?

Like
Reply
Justin Couto

Founder & CEO at SoCreate

1mo

I never doubted you or your mission Haley Pavone. I know you and your team will continue to crush it. It was an easy decision to invest in Pashion. I love seeing your progression.

Madison Rifkin

CEO and founder of Mount

1mo

I love reading these updates. All your hardwork paying off! Keep it up

Lillia Whittington

Digital Sewing Creator at Just Lillia | TWU University Teaching Assistant

1mo

Amazing! You’ve done some amazing campaigns and I’m excited to be a fellow Pashionista 🩵

Like
Reply
Anne Descalzo

🏆2024 Inc. 5000/Award Winning Entrepreneur + Co-Founder of Women-Owned & Government Certified; Clutch | MinervaVerse | Frequency Coworking & Events | BOLD Speaker Series | Management Consultant | Speaker + Facilitator

1mo

Killing it!! Congrats on your exponential growth!!

Like
Reply
Celeste Durve

Founder @VIPER | Forbes 30 under 30 | Custom Staffing Solutions for Live Events and Experiential Marketing.

1mo

endlessly proud of you!

Like
Reply
Thomas Lebens

Attorney at Law and Registered Patent Attorney

1mo

So good.

Like
Reply
Raj Singh

Head of Solo at Mozilla

1mo

Awesome!

Like
Reply
See more comments

To view or add a comment, sign in

Explore topics