Tag Archives: loungefly

Funko prepares for ‘long term international growth’ with executive moves after record Q2

Funko’s president, Andrew Perlmutter is to be appointed the firm’s new CEO as Brian Mariotti transitions to the newly created role of chief creative officer, detailing the top level moves the same week the firm delivered ‘its largest topline quarter in company history.’ Last week, the pop culture specialist revealed …

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Funko achieves record first quarter as net sales grow 38 per cent

Funko has seen record first quarter net sales increases across both its US and European markets, reflecting what the pop culture specialist has cited as ‘broad-based strength across geographies, products, and channels.’ Net sales grew 38 per cent to $189.2 million compared to $136.7 million in the first quarter of …

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Board games and direct to consumer platform helps Funko to strong Q4 2020 finish

A bolstered direct to consumer platform, the launch of new games and toys, and an expanded presence across its key retail partners have helped Funko to strong fourth quarters results for 2020. The pop culture specialist has reported a six per cent sales growth to $226.5 million, reflecting what CEO …

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Funko to kick off the New Year with all-virtual Funko Fair event

The pop culture specialist, Funko, is kicking off the New Year with the launch of its first Funko Fair, a two-week long virtual event that aims to introduce fans and partners to new products expected to hit retail later this year. Funko has already confirmed a line-up of licensing partners …

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Licensing special: Funko’s Loungefly brand sees sales surge and global growth of 25 per cent as pop culture demand outweighs pandemic

While it’s true enough that the world’s pandemic crisis saw some of the biggest forms of live entertainment hit the pause button for the best part of the year, the likes of Disney’s portfolio of theme parks that draw all manner of pop culture enthusiasts year on year, the desire …

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Funko CEO Brian Mariotti praises global teams amid ‘challenging 2020’ as Q3 sales dip 14 per cent

Despite a decrease of 14 per cent in net sales in its third quarter financials year on year, Funko’s CEO Brian Mariotti has praised the efforts of the pop culture specialist’s international teams in its executions throughout a challenging 2020, and believes the firm is ‘well-positioned for the Holiday season’ …

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Funko feels Covid-19 impact as net sales drop 49 per cent in Q2

Store closures across the US and the rest of the world at the hands of the Covid-19 pandemic have ‘significantly impacted,’ second quarter results for the pop culture collectables specialist Funko. Net sales for the firm decreased 49 per cent to $98.1 million in its Q2 2020 earnings compared to …

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