ThredUp fashion marketplace offloads its European business, Remix
Fashion resale marketplace ThredUp has divested its European business to focus on its core domestic U.S. market. ThredUp expanded into Europe in 2021 with the acquisition of Remix, a Bulgarian startup that operates across a handful of central and eastern European markets. Back in May, ThredUp announced a new general manager, Florin Filote, to lead its European operations‚ and Filote is now leading a management buyout of the unit he leads. Founded in 2009, ThredUp specializes in secondhand clothing and acce ...