1. The RealReal's Turnaround Plan And The Future Of Resale - Forbes
5 sep 2023 · The RealReal's hope is that it can fix the business and get more financing to keep on going. The company that has reached $600 million in ...
The RealReal's is a big player in the resale industry and its turnaround plan is uncertain. What does that mean for the future of resale?
2. What The RealReal's store closures say about the future of luxury resale
Bevat niet: temporary | Resultaten tonen met:temporary
Luxury fashion reseller The RealReal recently announced it was closing some of its stores and cutting about 7 per cent of its staff. We asked industry experts what it means for the future of fashion resale.
3. Weekend Briefing: The RealReal lays off hundreds, closes stores to reach ...
19 feb 2023 · The RealReal is laying off 230 employees; closing four stores, including two flagships, as well as two consignment drop-off spaces; and ...
Last week, The RealReal announced major layoffs and store closures in order to shore up profitability. Plus, Kering announced a new head of brand safety role, and Etsy was accused of being a haven for counterfeiters.
4. Following deep cost-cutting, the RealReal outlines a path to ... - Glossy
28 feb 2023 · ... closing four stores and laying off hundreds of employees in February. ... We may temporarily store your email to get back to your regarding ...
After months of cost-cutting, The RealReal is starting to inch closer to profitability. But its annual loss was still well into the nine figures, the company reported during its fourth quarter earnings call on Tuesday. After announcing layoffs and store closures, the luxury resale startup outlined the measures it's taking to stop quarterly losses.
5. THE REALREAL TEMPORARILY MAKES STORES AND LUXURY
15 mrt 2020 · TRR Logo.jpg. THE REALREAL TEMPORARILY MAKES STORES AND LUXURY CONSIGNMENT OFFICES ACCESSIBLE BY APPOINTMENT ONLY. Limits brick-and-mortar ...
Limits brick-and-mortar access to help prevent the spread of COVID-19...
6. Latsko Lands The RealReal in Return to Gold Coast - The Real Deal
22 dec 2023 · The publicly traded luxury consignment store closed a bigger store at 940 North Michigan Avenue and is now taking 2250 square feet at 66 ...
The publicly traded luxury consignment store closed a bigger store at 940 North Michigan Avenue and is now taking 2,250 square feet at 66 East Walton Street.
7. The RealReal settles investor lawsuit over authentication claims
12 nov 2021 · We believe we have the most rigorous authentication process in the marketplace.” Resolving the investor lawsuit allows The RealReal to close the ...
The luxury resale specialist is set to pay $11 million to resolve a class action that questioned its process of vetting fakes.
8. The RealReal Looks to Consign Its Way to Near-Term Profitability
1 mrt 2023 · ... closure of two flagship stores, two neighborhood stores, and two ... In short, Koryl said, people should look at The RealReal as a ...
Though its stock is trading at about $1.35 per share — after falling over 90% — The RealReal CEO John Koryl says the company is headed toward profitability.
9. Is The RealReal Dead? - trueself
7 mrt 2023 · Finding those rare, limited grails is a close second. If Grailed had ... Short Shorts? Paul Mescal! · Jai Phillips · About UsPrivacy Policy ...
I used to be obsessed with The RealReal. Here’s where I’m shopping instead.
10. Resale leader The RealReal takes on upcycling | Vogue Business
25 mrt 2021 · ... disposable. “We hope [increased resale] will have an effect in less upstream production for those items that don't have a secondary market ...
ReCollection is a new programme that works with designers like Balenciaga to create new collections from scraps.
11. On Canal Street, Fake Bags That Are Not for Sale - The New York Times
12 jun 2024 · ... the RealReal. Historically, the best superfake bags have taken the ... How Short Is Too Short for a Skirt? Ally McBeal's hiked up ...
A new exhibition that looks like a store is meant to draw attention to the prevalence of “superfake” handbags.
12. The RealReal Falls Seven Bags Short of 100% Compliance ... - Lexology
2 apr 2020 · Judge Vernon Broderick of the U.S. District Court for the Southern District of New York recently decided a motion to dismiss by luxury ...
Judge Vernon Broderick of the U.S. District Court for the Southern District of New York recently decided a motion to dismiss by luxury consignment…
13. The RealReal's Results Are Another Sign That Brick-And-Mortar Stores ...
23 feb 2021 · The RealReal's stock plunged 13% on Tuesday after results fell short. ... closing announcements from major chains. On the other hand ...
Consumers may be shopping online more than ever, but don’t underestimate their need for physical stores. Luxury resale marketplace The RealReal’s results offered the latest proof.
14. The RealReal founder and CEO abruptly resigns - Retail Dive
7 jun 2022 · The lawsuit, which was initially filed in the fall of 2019, alleged that The RealReal's authentication process “fell far short of its ...
Julie Wainwright is out as chief executive and board chair, allowing the company to focus more on profitability, according to analysts.
15. The RealReal will lay off 230 employees, close stores - The Current
Bevat niet: temporary | Resultaten tonen met:temporary
The resale platform has struggled with profitability.
16. The RealReal Housewives of Resale Fashion - Puck
24 apr 2023 · While Bittner may disagree, one former employee called Vestiaire's strategy “chaotic” and “short ... close-to-seamless customer experience ...
Private equity vultures are circling TheRealReal, the troubled consignment juggernaut, amid hopes for an M&A transaction that would consolidate the market.
