E-commerce platform Rent the Runway is one of a number of primarily direct-to-consumer online firms to launch initial public offerings in recent months. Photo: Instagram
E-commerce platform Rent the Runway is one of a number of primarily direct-to-consumer online firms to launch initial public offerings in recent months. Photo: Instagram
Fashion

6 direct-to-consumer fashion retailers that have launched IPOs in 2021, from Poshmark to Rent the Runway to Roger Federer-backed shoe brand On

  • E-commerce boomed amid coronavirus lockdowns and firms have sought to cash in by selling shares, including shoe brand On, backed by tennis legend Roger Federer
  • Their IPOs valued both On and Warby Parker at US$6 billion-plus. If they don’t live up to their valuations their shares could go the way of plunging Poshmark’s

E-commerce platform Rent the Runway is one of a number of primarily direct-to-consumer online firms to launch initial public offerings in recent months. Photo: Instagram
E-commerce platform Rent the Runway is one of a number of primarily direct-to-consumer online firms to launch initial public offerings in recent months. Photo: Instagram
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