Outway’s Turnaround: How a Socks Brand Jumpstarted Profitable Growth
Outway, the premium sock brand founded by former cyclist Rob Fraser, experienced the typical DTC roadblock: stagnant sales, shrinking margins, and intense market competition. After bootstrapping his Shopify-based business past $10M and securing a $3.2M investment in 2022 (PR Newswire), Fraser faced a critical challenge by 2023. Yet, instead