SAN FRANCISCO – Online consignment store ThredUp has entered into a definitive agreement to acquire European resale company Remix Global.
The deal is expected to be finalised by the end of the year, and marks ThredUp’s first move into Europe, where it’ll look to capitalise on growing interest in secondhand fashion.
“We’re bullish about the massive opportunity in the European resale market and are thrilled about the chance to build on Remix’s technology and operational expertise to help accelerate its growth,” said ThredUp CEO, James Reinhart.
