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ThredUp Releases Fourth Annual Impact Report

1. ThredUp released its fourth annual Impact Report highlighting ESG initiatives. 2. The report underscores ThredUp's position in the online resale market.

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FAQ

Why Bullish?

A positive ESG impact can attract investors, as seen with similar companies. Historical examples show ESG commitments lead to stock appreciation.

How important is it?

The ESG focus is increasingly critical for attracting long-term investors. Companies with strong ESG credentials typically see resilience in stock performance during downturns.

Why Long Term?

Sustained focus on ESG initiatives can enhance brand loyalty and revenue over time, similar to how Patagonia grew. Long-term strategies often influence market positioning.

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RTRIFEBAYAMZN
OAKLAND, Calif.--(BUSINESS WIRE)--ThredUp (NASDAQ: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, today released its fourth annual Impact Report. The report provides a comprehensive and transparent look into ThredUp's overall impact, including its environmental, social, and governance (ESG) strategy, detailing the progress made on key initiatives throughout 2024. "What began 16 years ago as a simple belief in a better way to experience fashion.

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