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Chewy’s Runaway IPO Blazes Path for J.Crew and Neiman Marcus

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

PetSmart Inc.’s massively successful stock offering of Chewy.com, and the windfall it created for creditors, is stoking speculation that other deeply indebted retailers will stage sales of their own fast-growing units. Neiman Marcus Group Ltd. and J. Crew Group Inc. have already said they’re exploring strategic options for their booming side businesses, MyTheresa and Madewell….

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