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ThredUp IPO Shows Why Brands Need to ‘Own’ Resale

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Last week’s $168 million ThredUp IPO illustrated once again that secondhand retail is thriving, with the fashion resale platform’s initial $14-per-share pricing reach more than $22 per share when the Nasdaq closed Tuesday. According to the CEO of one company aiming to reimagine re-commerce for retail, don’t expect the pace of growth and interest in…

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