{"id":166740,"date":"2020-06-24T14:32:00","date_gmt":"2020-06-24T14:32:00","guid":{"rendered":"https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/"},"modified":"2021-08-06T12:06:18","modified_gmt":"2021-08-06T12:06:18","slug":"etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/","title":{"rendered":"Etsy share prices triple to all time high during COVID-19 pandemic"},"content":{"rendered":"

Etsy\u2019s stock price has more than tripled since mid-March and currently is at a record high making it amongst the far and few retail success stories during the Coronavirus outbreak<\/strong>.<\/p>\n

The online marketplace for independent sellers has seen a drastic turnaround since March when its share value soared by more than half over coronavirus fears.<\/p>\n

In early April the retailer called on its network of sellers and makers to \u201cstart making face masks\u201d to cater to a growing demand.<\/p>\n

A week later Etsy reported that buyers were searching face masks online an average of nine times per second since the announcement, totalling over two-million searches.<\/p>\n

Throughout the rest of April, the marketplace, which charges users a listing fee for each item and takes a small commission on sales, sold over 12 million masks worth a total of $133 million, with its non-mask sales also plummeting by 79%.<\/p>\n

This boom in sales has meant its share price has more than tripled to an all-time high of $101.22, following a 5.1% rise on Tuesday.<\/p>\n

This follows after RBC Capital Markets significantly increased its price target from $79 to $117, while Goldman Sachs increased its target from $88 to $120.<\/p>\n

A survey conducted by RBC revealed that 82% of respondents intend to spend more on Etsy over the next year, while Goldman noted a more than 100% year-on-year increase in Etsy app downloads in June.<\/p>\n

Jefferies said that the rise in mask sales has<\/strong> \u201chelped introduce its broader offerings to new shoppers\u201d, and that a \u201crebound in categories relating to social events\u201d would help offset falling mask sales.<\/p>\n

RBC also predicted that sales for 2021 would continue to increase, jumping 22% from 2020 and pointing to healthy growth for the company long outlasting the global lockdown.<\/p>\n

\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

[…]<\/p>\n","protected":false},"author":50,"featured_media":139108,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[16042,6,10494],"tags":[5202,5707,20,10315,16135,18262,14403,20063],"acf":[],"yoast_head":"\nEtsy share prices triple to all time high during COVID-19 pandemic - TheIndustry.fashion<\/title>\n<meta name=\"description\" content=\"Etsy\u2019s stock price has more than tripled since mid-March and currently is at a record high making it amongst the far and few retail success stories during\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Etsy share prices triple to all time high during COVID-19 pandemic - TheIndustry.fashion\" \/>\n<meta property=\"og:description\" content=\"Etsy\u2019s stock price has more than tripled since mid-March and currently is at a record high making it amongst the far and few retail success stories during\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/\" \/>\n<meta property=\"og:site_name\" content=\"TheIndustry.fashion\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/theindustryfashion\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-24T14:32:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-08-06T12:06:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2021\/07\/Etsy.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sadiyah Ismailjee\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@theindustryfash\" \/>\n<meta name=\"twitter:site\" content=\"@theindustryfash\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sadiyah Ismailjee\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/\"},\"author\":{\"name\":\"Sadiyah Ismailjee\",\"@id\":\"https:\/\/www.theindustry.fashion\/#\/schema\/person\/65f8569047edaf869f45596b0f1454ab\"},\"headline\":\"Etsy share prices triple to all time high during COVID-19 pandemic\",\"datePublished\":\"2020-06-24T14:32:00+00:00\",\"dateModified\":\"2021-08-06T12:06:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/\"},\"wordCount\":291,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.theindustry.fashion\/#organization\"},\"keywords\":[\"Coronavirus\",\"Covid-19\",\"etail\",\"Etsy\",\"face masks\",\"Online Marketplace\",\"Online retail\",\"RBC Capital Markets\"],\"articleSection\":[\"COVID-19\",\"News & Insight\",\"Retail & Etail\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/#respond\"]}],\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.theindustry.fashion\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/\",\"url\":\"https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/\",\"name\":\"Etsy share prices triple to all time high during COVID-19 pandemic - TheIndustry.fashion\",\"isPartOf\":{\"@id\":\"https:\/\/www.theindustry.fashion\/#website\"},\"datePublished\":\"2020-06-24T14:32:00+00:00\",\"dateModified\":\"2021-08-06T12:06:18+00:00\",\"description\":\"Etsy\u2019s stock price has more than tripled since mid-March and currently is at a record high making it amongst the far and few retail success stories during\",\"breadcrumb\":{\"@id\":\"https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.theindustry.fashion\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Etsy share prices triple to all time high during COVID-19 pandemic\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.theindustry.fashion\/#website\",\"url\":\"https:\/\/www.theindustry.fashion\/\",\"name\":\"TheIndustry.fashion\",\"description\":\"Fashion news, insights, podcasts and events for professionals from across the fashion sector.\",\"publisher\":{\"@id\":\"https:\/\/www.theindustry.fashion\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.theindustry.fashion\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.theindustry.fashion\/#organization\",\"name\":\"TheIndustry.fashion\",\"url\":\"https:\/\/www.theindustry.fashion\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.theindustry.fashion\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2022\/06\/LOGO.png\",\"contentUrl\":\"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2022\/06\/LOGO.png\",\"width\":585,\"height\":217,\"caption\":\"TheIndustry.fashion\"},\"image\":{\"@id\":\"https:\/\/www.theindustry.fashion\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/theindustryfashion\/\",\"https:\/\/twitter.com\/theindustryfash\",\"https:\/\/www.instagram.com\/theindustryfashion\/\",\"https:\/\/www.linkedin.com\/company\/10970016\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.theindustry.fashion\/#\/schema\/person\/65f8569047edaf869f45596b0f1454ab\",\"name\":\"Sadiyah Ismailjee\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.theindustry.fashion\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e97f89bd11eebb35a657b36186c513a8?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e97f89bd11eebb35a657b36186c513a8?s=96&d=mm&r=g\",\"caption\":\"Sadiyah Ismailjee\"},\"sameAs\":[\"http:\/\/www.theindustry.fashion\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Etsy share prices triple to all time high during COVID-19 pandemic - TheIndustry.fashion","description":"Etsy\u2019s stock price has more than tripled since mid-March and currently is at a record high making it amongst the far and few retail success stories during","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/","og_locale":"en_GB","og_type":"article","og_title":"Etsy share prices triple to all time high during COVID-19 pandemic - TheIndustry.fashion","og_description":"Etsy\u2019s stock price has more than tripled since mid-March and currently is at a record high making it amongst the far and few retail success stories during","og_url":"https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/","og_site_name":"TheIndustry.fashion","article_publisher":"https:\/\/www.facebook.com\/theindustryfashion\/","article_published_time":"2020-06-24T14:32:00+00:00","article_modified_time":"2021-08-06T12:06:18+00:00","og_image":[{"width":800,"height":533,"url":"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2021\/07\/Etsy.jpg","type":"image\/jpeg"}],"author":"Sadiyah Ismailjee","twitter_card":"summary_large_image","twitter_creator":"@theindustryfash","twitter_site":"@theindustryfash","twitter_misc":{"Written by":"Sadiyah Ismailjee","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/#article","isPartOf":{"@id":"https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/"},"author":{"name":"Sadiyah Ismailjee","@id":"https:\/\/www.theindustry.fashion\/#\/schema\/person\/65f8569047edaf869f45596b0f1454ab"},"headline":"Etsy share prices triple to all time high during COVID-19 pandemic","datePublished":"2020-06-24T14:32:00+00:00","dateModified":"2021-08-06T12:06:18+00:00","mainEntityOfPage":{"@id":"https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/"},"wordCount":291,"commentCount":0,"publisher":{"@id":"https:\/\/www.theindustry.fashion\/#organization"},"keywords":["Coronavirus","Covid-19","etail","Etsy","face masks","Online Marketplace","Online retail","RBC Capital Markets"],"articleSection":["COVID-19","News & Insight","Retail & Etail"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/#respond"]}],"copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/www.theindustry.fashion\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/","url":"https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/","name":"Etsy share prices triple to all time high during COVID-19 pandemic - TheIndustry.fashion","isPartOf":{"@id":"https:\/\/www.theindustry.fashion\/#website"},"datePublished":"2020-06-24T14:32:00+00:00","dateModified":"2021-08-06T12:06:18+00:00","description":"Etsy\u2019s stock price has more than tripled since mid-March and currently is at a record high making it amongst the far and few retail success stories during","breadcrumb":{"@id":"https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.theindustry.fashion\/etsy-share-prices-triple-to-all-time-high-during-covid-19-pandemic\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.theindustry.fashion\/"},{"@type":"ListItem","position":2,"name":"Etsy share prices triple to all time high during COVID-19 pandemic"}]},{"@type":"WebSite","@id":"https:\/\/www.theindustry.fashion\/#website","url":"https:\/\/www.theindustry.fashion\/","name":"TheIndustry.fashion","description":"Fashion news, insights, podcasts and events for professionals from across the fashion sector.","publisher":{"@id":"https:\/\/www.theindustry.fashion\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.theindustry.fashion\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.theindustry.fashion\/#organization","name":"TheIndustry.fashion","url":"https:\/\/www.theindustry.fashion\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.theindustry.fashion\/#\/schema\/logo\/image\/","url":"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2022\/06\/LOGO.png","contentUrl":"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/2022\/06\/LOGO.png","width":585,"height":217,"caption":"TheIndustry.fashion"},"image":{"@id":"https:\/\/www.theindustry.fashion\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/theindustryfashion\/","https:\/\/twitter.com\/theindustryfash","https:\/\/www.instagram.com\/theindustryfashion\/","https:\/\/www.linkedin.com\/company\/10970016\/"]},{"@type":"Person","@id":"https:\/\/www.theindustry.fashion\/#\/schema\/person\/65f8569047edaf869f45596b0f1454ab","name":"Sadiyah Ismailjee","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.theindustry.fashion\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e97f89bd11eebb35a657b36186c513a8?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e97f89bd11eebb35a657b36186c513a8?s=96&d=mm&r=g","caption":"Sadiyah Ismailjee"},"sameAs":["http:\/\/www.theindustry.fashion"]}]}},"_links":{"self":[{"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/posts\/166740"}],"collection":[{"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/users\/50"}],"replies":[{"embeddable":true,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/comments?post=166740"}],"version-history":[{"count":0,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/posts\/166740\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/media\/139108"}],"wp:attachment":[{"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/media?parent=166740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/categories?post=166740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.theindustry.fashion\/wp-json\/wp\/v2\/tags?post=166740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}