The retailer, which sells women’s clothes that typically have a vintage feel, went through a similar round of layoffs in July.
The layoffs, which occurred last week, should help the fast-growing retailer turn a profit, the spokeswoman says.
“As a startup it is in our DNA to remain nimble and these cuts will allow us to return to profitability,” she says. “We are confident that the difficult decisions made this week position us for a return to stronger growth in the months ahead.”
Founded in 2002, the retailer’s sales have jumped dramatically from only a few years ago; it sold $15.9 million in 2009, according to Internet Retailer’s Top500Guide.com.
While ModCloth’s growth rate has outpaced that of many other apparel retailers—the growth rate among all Top 500 apparel retailers was 20.0% last year—it has been operating in the red, the spokeswoman says.
The retailer says that it is confident that this round of cuts will be its last.