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Etsy Sees a 79% Sales Jump

Photo Credit: Manitoba Coupon Maven – Michelle Roy via Flickr cc

Etsy and some of its sellers have benefitted from the CDC guidelines encouraging people to wear cloth masks. Etsy CEO Josh Silverman stated that even non-mask sales surged in April – by about 79%. Home furnishings, games, toys, and gardening products are also selling well. But as the coronavirus prompts mass cancellations, other categories are suffering, particularly weddings.

“Weddings would normally be a huge category for us in the month of April and for our sellers in the month of April,” Silverman said. “Weddings is down more than 50% year over year, but many other categories are doing absolutely fantastic.”

Read the full story at CNBC.