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IPOs Falter, But Retail's Potential Remains: Even though the IPO fever of 2021 has broken, fashion is seen as healthier and could produce more offerings when the market reopens.

  • Periodical
  • WWD: Women's Wear Daily. 4/25/2022, p1-20. 2p.
  • James Reinhart, CEO of resale marketplace ThredUp, is also looking to change hearts and minds on Wall Street, having raised $175 million in its March 2021 IPO, but has seen the company's stock drop to under $8 from $14 at its offering. Katz described it as "a traders' market, not a near-term investors' market.". [Extracted from the article]
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