FIGS: Global expansion drives margins up. The company profitably increases quarterly revenue to over $200 million.
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A nurse no longer changes into a scratchy, unflattering cotton gown before her shift, but instead wears functional, form-fitting, and water-repellent workwear that closely resembles modern sports equipment. The still relatively small company FIGS (FIGS) is successfully targeting the market for workwear in healthcare. Medical personnel demand comfort, design, and functionality at work and increasingly purchase this equipment out of their own pockets. FIGS dominates the premium workwear market in healthcare and successfully applies the direct-to-consumer...
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