×
2 565
Fashion Jobs
URBN
Anthroplogie Visual Manager - Regent st, London
Permanent · LONDON
ESTEE LAUDER
Clinique - Consultant - Jollys, Bath - 7.5 Hours - Part Time, Permanent
Permanent · Bath
ESTEE LAUDER
la Mer - Business Manager - Selfridges, Exchange, Manchester - 37.5 Hours / 5 Days - Full Time, Permanent
Permanent · Manchester
ESTEE LAUDER
Clinique - Consultant - John Lewis, Cribbs Causeway - 13 Hours - Part Time, Permanent
Permanent · Patchway
ESTEE LAUDER
Tom Ford, Frederic Malle, by Kilian - Business Manager - Harvey Nichols, London - 37.5 Hours / Week - Full Time, Permanent
Permanent · London
AESOP
Retail Consultant | Part Time, Permanent | New Aesop Battersea Power Station, London
Permanent · London
AESOP
Retail Consultant | Full-Time, Permanent | New Aesop Battersea Power Station, London
Permanent · London
BERSHKA
General Manager - Bershka Blanchardstown
Permanent ·
STRADIVARIUS
General Manager - Stradivarius Jervis
Permanent ·
STRADIVARIUS
Stradivarius General Manager Stratford
Permanent · LONDON
HEAD OFFICE
Commercial Buying Product Expert
Permanent · BRACKNELL
DEBENHAMS
CRM Assistant
Permanent · LONDON
HEAD OFFICE
Information Security Analyst (Cloud), Secure by Design
Permanent · BRACKNELL
AUTUMNPAPER LIMITED
Alexander Mcqueen Senior Performance Marketing Manager - 12 Month Ftc
Permanent · LONDON
DR. MARTENS
Retail Regional Manager - UK
Permanent · LONDON
BOOHOO GROUP
Warehouse Operative
Permanent · BURNLEY
VF INTERNATIONAL
Account Coordinator - Italian Speaking - Vans
Permanent · NOTTINGHAM
VF INTERNATIONAL
Senior Distribution Systems Specialist
Permanent · COALVILLE
VF INTERNATIONAL
dc Inventory Team Leader
Permanent · COALVILLE
VF INTERNATIONAL
Warehouse Area Manager
Permanent · COALVILLE
VF INTERNATIONAL
dc Team Leader
Permanent · COALVILLE
ESTEE LAUDER
la Mer, Bobbi Brown And Darphin - Consumer & Business Analyst
Permanent · London
Published
Sep 28, 2020
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Social commerce business Poshmark files for IPO

Published
Sep 28, 2020

Resale e-tailer Poshmark has unveiled its plan to file for an initial public offering, although few details are available at present. That means the number of shares being sold by the US-based company and the offer price are as yet unknown. So far it has filed a draft registration statement with the Securities and Exchange Commission (SEC).


Facebook: Poshmark



We may not know the full details but the plan certainly underlines the growing importance of resale both before the pandemic and after it. In recent years, resale has helped meet consumer demand for designer labels on a budget, and fast fashion and basics at even cheaper prices, as well as feeding into the growing interest in recycling and reducing fashion’s carbon footprint.

Up to February, Poshmark, which operates a peer-to-peer model in the US and, since last year, in Canada too, had processed 100 million resale transactions and it had 60 million members. It had also raised $160 million in funding with investors including Rachel Zoe and Ashton Kutcher. Serena Williams was also added to its board last year.  

Pre-pandemic, founder and CEO Manish Chandra spoke of 2020 being a year in which consumers would seek greater connections with each other with social commerce set to grow, and would increasingly be looking for new ways for goods to be bought and sold.

The pandemic is likely to have accelerated that thinking and it’s already become clear that online platforms have largely been the winners during the pandemic as lockdowns and store closures have driven even online-averse consumers to webstores.

Copyright © 2022 FashionNetwork.com All rights reserved.