Direct-to-consumer luggage brand Away is exploring strategic options including a sale of the company, according to reporting from Bloomberg on Monday which cited anonymous sources.
JRSK Inc, which operates as Away, has been working through an advisor to solicit interest from potential buyers though the company could ultimately decide against a sale.
Although it previously held a $1.4 billion valuation in 2019, it is not clear how much it would currently sell for. Away did not immediately respond to Retail Dive’s requests for comment.
Source: Retail Dive
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