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ThredUp enters binding agreement to divest its European business, Remix

Online fashion resale marketplace ThredUp has revealed that today it entered into a legally binding deal to divest its European business, Remix, in a management buyout led by the general manager of Remix, Florin Filote. The divestiture was finalized at the same time the agreement was signed. According to the agreement, ThredUp retains a minority...

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Member
Business

ThredUp acquires Remix for European expansion

ThredUp Inc., one of the largest online resale platforms for women’s and kids’ apparel, shoes, and accessories, has begun its international expansion strategy by entering into a definitive agreement to acquire Remix Global AD, one of Europe’s leading fashion resale companies. The acquisition will accelerate ThredUP’s growth plans in Europe,...

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