Pawnshop Sou launches IPO to tap Japan's luxury item boom

Business / Corporate Mar 22, 2018

Pawnshop Sou launches IPO to tap Japan's luxury item boom

The resale of Hermes bags, brand-name jewelry and other luxury items is a thriving industry in Japan, with one critical bottleneck: Building inventory is tough. Sou Inc. offers a solution: pawnshops dedicated only to buying up secondhand merchandise. Business has been so good for founder ...