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Poshmark IPO Speaks Volumes About Fashion’s Future

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Poshmark filed its prospectus Thursday for an initial public offering after finally turning a profit this year. The move follows secondhand rival ThredUp’s October IPO filing, underscoring the sky’s-the-limit growth potential for the booming fashion resale market, fueled in large part by eco-conscious millennial and Gen Z consumers whose full spending power has yet to…

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