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Purple Reports Fourth-Quarter Gains, Names New Balance Veteran as CEO

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Direct-to-consumer mattress maker Purple reported significant revenue gains, as well as the appointment of a new CEO, during its fourth-quarter earnings call on March 1. Purple reported a net revenue gain of 7.2 percent to $186.4 million over the fourth quarter of 2020. And compared to 2019, the mattress and bedding company improved its revenue…

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