Fashion resale marketplace ThredUp has divested its European business to focus on its core domestic U.S. market. The company confirmed at its Q2 2024 earnings in August that it was exploring a ...

U.S.-based online resale platform ThredUp has divested its European business, Remix, in a management buyout led by Florin Filote, the General Manager of Remix. The divestiture closed simultaneously ...

Remix, which was one of Europe's leading fashion resale companies, was acquired by ThredUp as part of its international expansion strategy. The acquisition was intended to expedite ThredUp's ...

ThredUp Inc. (Nasdaq: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, announced today that it entered into a binding agreement to divest its ...

ThredUp has officially agreed to divest its European business, Remix, in an effort to focus on its business in the U.S., the company announced Tuesday. During its Q2 earnings call in August, CEO ...

Fashion resale marketplace ThredUp has sold its European business, Remix, to focus solely on its domestic U.S. operations. This move, part of a strategic realignment, sees Remix’s management team, led ...

US online second-hand fashion company ThredUp has exited the European market with the divestiture of its Remix business, a resale platform it acquired in 2021.

Fashion resale marketplace ThredUp has divested its European business to focus on its core domestic U.S. market. The company confirmed at its Q2 2024 earnings in August that it was exploring a sale of ...

Just ahead of the closing, ThredUp furnished Remix with a final cash investment of $2 million to help fund operations; ThredUp also has retained a 9% stake in Remix, per financial filings.

As of December 03, 2024, ThredUp Inc. had a $196.8 million market capitalization, putting it in the 30th percentile of companies in the Specialty Retail industry. ThredUp Inc. does not have a ...

ThredUp, Inc., the online reseller of apparel, shoes and accessories, announced today that it entered into a binding agreement to divest its European business, Remix, in a management buyout led by ...