Can Anything Save Etsy?
From Yahoo Finance: 2025-05-04 08:15:00
In Q1, Etsy’s gross merchandise sales dropped, leading to plans to sell Reverb at a loss, signaling narrowing turnaround prospects. Despite past success during the pandemic, e-commerce struggles persist, with declining sales and active sellers. The company’s acquisition strategy has faltered, with Reverb being sold at a loss, highlighting management missteps that need addressing. Etsy faces challenges with declining active sellers, increased seller fees, and brand dilution, leading to investor concern and a need for strategic changes. With activist investors and acquisition possibilities looming, Etsy’s future remains uncertain, requiring significant changes to reverse its downward trajectory.
Read more at Yahoo Finance: Can Anything Save Etsy?