Friday, May 24, 2019

The unicorns of retail

Retail Dive
Unicorns are having a moment — and not just on the children's bedroom walls. The mythically impressive valuations graced a number of retail businesses this year, three within days of each other, and the coveted title seems to be alighting most frequently on direct-to-consumer (DTC) startups.

Since March, Away, Casper, Glossier and Rent the Runway have all earned the title. That's in part because of the strong following they're building, Glenn Kaufman, managing director at investment firm D Cubed Group, told Retail Dive in an interview. . . . more