Threads

OverviewSuggest Edit

Threads is a company selling fashion apparel and accessories with no online or offline stores. It leverages chat platforms and transacts directly on them enabling users to place orders, discuss fashion and trends and imitating department store experience.

TypePrivate
Founded2010
HQLondon, GBMap
Websitethreadsstyling.com
Employee Ratings2.2More
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Locations

Threads is headquartered in
London, United Kingdom

Location Map
All Locations (1)

Latest Updates

Employees (est.) (Dec 2019)136(+6%)
Revenue (FY, 2018)£17.7 B(+43%)

Key People/Management at Threads

Sophie Hill

Sophie Hill

Founder, CEO
Evgeny Poberezkin

Evgeny Poberezkin

CTO
Tom Spurgeon

Tom Spurgeon

CFO
Nick Hagen

Nick Hagen

COO
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Threads Office Locations

Threads has an office in London
London, GB (HQ)
4 81 Curtain Rd
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Threads Financials and Metrics

Summary Metrics

Founding Date

2010

Threads total Funding

$20 m

Threads latest funding size

$20 m

Time since last funding

a year ago

Threads investors

Talis Capital, Highland Europe, C Ventures, Future Fifty
Threads's latest funding round in August 2018 was reported to be $20 m. In total, Threads has raised $20 m
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Threads Revenue

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Threads's revenue was reported to be £17.73 b in FY, 2018
GBP

Revenue (FY, 2018)

17.7b

Gross profit (FY, 2018)

3.0b

Gross profit margin (FY, 2018), %

16.9%

Net income (FY, 2018)

(5.0b)

EBIT (FY, 2018)

(5.0b)

Cash (31-Dec-2018)

7.1b
GBPFY, 2017FY, 2018

Revenue

12.4b17.7b

Cost of goods sold

10.4b14.7b

Gross profit

2.1b3.0b

Gross profit Margin, %

17%17%
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GBPFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

503.024.9k14.4k351.2k312.6k1.2m1.3m7.1b

Accounts Receivable

588.021.8k56.6k83.5k56.6k91.8k108.8k505.0m

Inventories

60.4k102.4k27.0k22.6k78.0k128.6k214.7m

Current Assets

1.1k107.1k173.4k461.7k442.4k1.6m2.2m9.6b
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GBPY, 2018

Revenue/Employee

161.2m

Financial Leverage

1.5 x
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Threads Operating Metrics

Dec, 2018

Brands (E-commerce)

250

Countries Covered

100
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Threads Online and Social Media Presence

Threads's Trends

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 Threads Frequently Asked Questions

  • When was Threads founded?

    Threads was founded in 2010.

  • Who are Threads key executives?

    Threads's key executives are Sophie Hill, Evgeny Poberezkin and Tom Spurgeon.

  • How many employees does Threads have?

    Threads has 136 employees.

  • What is Threads revenue?

    Latest Threads annual revenue is £17.7 b.

  • What is Threads revenue per employee?

    Latest Threads revenue per employee is £130.4 m.

  • Who are Threads competitors?

    Competitors of Threads include ShopChat, About You and Bag Borrow or Steal.

  • Where is Threads headquarters?

    Threads headquarters is located at 4 81 Curtain Rd, London.

  • Where are Threads offices?

    Threads has an office in London.

  • How many offices does Threads have?

    Threads has 1 office.