Online retailer Stitch Fix said it narrowed its losses while revenue jumped 44%, as consumer appetite for apparel heated up after a lull during the pandemic. For the fiscal third quarter that ended May 1, the San Francisco-based company said that its net loss shrank to $18 million from $33 million for the same period a year earlier, while revenue rose to $535 million from $372 million a year...
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Forget the IPO Window. Watch for More M&A

Here’s some food for thought about initial public offerings. Yesterday I asked Brex co-CEO Henrique Dubugras when he thought the IPO window would open. His fintech company, after all, is one of many that could be beating down that door. Having raised $1.5 billion in funding, Dubugras said the company has a plan to break even off its existing funding. When I ask the IPO question, I usually...
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