Bark & Co. bounds ahead on strong holiday demand, fetches IPO — Panjiva
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Bark & Co. bounds ahead on strong holiday demand, fetches IPO

Cons. Discr. - Durables 575 Cons. Discr. - Retailing 519 Quote Watch 452 U.S. 5404

Bark & Co., owner of the Barkbox subscription service for dog products, is going public via a merger via a SPAC. That’s likely the result of a surge in pandemic-related demand for pets which may continue in 2021, including an expected doubling in Panjiva Research’s pet ownership. Panjiva data shows that a rapid increase in U.S. seaborne imports linked to Bark with growth of 91.5% year over year in Q2’20. A further 99.4% expansion in October and November combined indicates strong holiday gift demand for good doggies everywhere. The uptick has largely come in toy ...

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