True Classic Renews Partnership with Global-e Following International Success, with Over 25% of Total E-Commerce Revenue Now Driven by International Markets
Rhea-AI Summary
Global-e (NASDAQ: GLBE) announced the renewal of its partnership with True Classic, following significant international e-commerce success. Since partnering with Global-e, True Classic has expanded from serving only the U.S. and Canada to reaching over 200 international markets, with international sales now accounting for over 25% of total e-commerce revenue.
Founded in 2019, True Classic has grown to serve over 5 million customers globally. The partnership provides True Classic with localized shopping experiences, including local currencies, preferred payment methods, and duty-inclusive pricing. The company operates through four international fulfillment hubs plus its U.S. facility, optimizing inventory management and delivery times.
True Classic is experiencing accelerated growth following a strategic investment from 1686 Partners, expanding its U.S. retail presence and securing wholesale partnerships with major retailers including Sam's Club, Target, Nordstrom, and Costco.
AI-generated analysis. Not financial advice.
Positive
- International sales now represent over 25% of total e-commerce revenue
- Successful expansion to over 200 international markets
- Strategic investment received from 1686 Partners
- Secured major wholesale partnerships with Sam's Club, Target, Nordstrom, and Costco
- Operational efficiency through 4 international fulfillment hubs
Negative
- None.
News Market Reaction – GLBE
On the day this news was published, GLBE gained 0.79%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Renewed partnership builds on three years of strong international e-commerce growth, with True Classic selling in over 200 markets
Since partnering with Global-e, True Classic has rapidly expanded its global online footprint, growing from a digital-native brand serving only the
"It's been incredibly rewarding to support True Classic's journey from a domestic direct-to-consumer brand to a truly global player," said Matthew Merrilees, CEO North America for Global-e. "The brand's rapid international growth is a testament to the power of the localized e-commerce experience and operational excellence. We're thrilled to extend our partnership and look forward to driving even more global success together in the years to come."
Founded in 2019, True Classic has become one of the fastest-growing apparel brands in the
"Global-e has been an outstanding partner every step of the way," said Adam Eisenstadt, Company President of True Classic. "Its expertise in international markets and seamless logistics support have been instrumental to our global expansion. From conversion optimization to behind-the-scenes operations, they've delivered a truly white-glove experience - and we're only getting started."
Global-e provides True Classic with a fully localized online shopping experience tailored to each market, offering local currencies, preferred payment methods, and duty-inclusive pricing. Moreover, Global-e supports True Classic's robust operational infrastructure, including four international fulfillment hubs in addition to its
True Classic's momentum is accelerating with a recent strategic investment from 1686 Partners, fueling rapid growth across retail and wholesale channels. The brand is expanding its
About Global-e
Global-e (Nasdaq: GLBE) is the world's leading platform enabling and accelerating global, Direct-To-Consumer e-commerce. The chosen partner of over 1,400 brands and retailers across
Global-e Media Contact
Sarah Schloss
Headline Media
sarah.schloss@headline.media
+1 914 506 5104
Global-e Investor Contact
Alan Katz
Vice President, Investor Relations
IR@global-e.com
About True Classic
Founded in 2019, True Classic is an apparel brand dedicated to putting customers first - delivering a better fit, exceptional comfort, and premium quality at an accessible price. Driven by a purpose to serve both our customers and our community, we've earned the trust of over 5 million customers worldwide and contributed more than
As True Classic continues expanding globally, we are introducing new categories in women and kids, building on our reputation for high-quality, style essentials. This evolution reflects our commitment to meet the needs of more customers, more often, while staying true to the core promise of premium quality and exceptional value. These strategic expansions not only strengthen our product offering but also reinforce the mission to grow as a global powerhouse in the apparel industry—serving people everywhere with style they love and a brand they trust.
True Classic Media Contact
Bryan Cano
Head of Marketing
media@trueclassic.com
SOURCE Global-e