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 ...

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OAKLAND, Calif., December 03, 2024--(BUSINESS WIRE)--ThredUp Inc. (Nasdaq: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and ...

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 ...

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.

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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 ...

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 ...