Luxury Hand-Me-Downs Are Now Worth Billions of Dollars

[ad_1] As much as luxury companies would love to stamp out the secondhand trade in their products, it’s an impossible task. All the better for fashionistas and investors, who can…

Birkenstock Files for IPO

[ad_1] L Catterton is among the shoemaker’s backers. Birkenstock didn’t say how many shares it would list or give an anticipated price range. [ad_2] Source link

Secondhand Sellers Are Going Premium

[ad_1] The RealReal and ThredUp have gone upscale to improve profitability—a challenge in tougher economic times. [ad_2] Source link

Recent Deals Fail to Spark Lackluster IPO Market

[ad_1] The new-issue market is still in recovery mode, as shaky receptions for three initial public offerings last week showed. [ad_2] Source link