3 weeks ago 3 Different Paths to Resale Profitability Resale is one of the hottest sectors of retail right now, but despite rampant consumer demand and brand uptake, resale platform operators…
4 weeks ago Resale is Hot, but when it Comes to Making Money Many Brands are Out in the Cold Although we’re taught that it’s not polite to talk about money, many people can’t resist crowing about what a great bargain they…
2 months ago The RealReal Upgrades Seller Experience in Bid to Bring in More Big-Ticket Items As part of its ongoing effort to build a more efficient organization and reach profitability by early 2024, luxury resale platform The…
2 months ago The RealReal Moves Away from Beauty, Shifts Focus to Luxury Consignment Editor’s Note: This story was updated on March 27, 2023 to include comments from The RealReal. As it continues its laser focus…
3 months ago The RealReal Cuts 230 Jobs in Streamlining Effort Aimed at Reaching Profitability The RealReal will cut operating costs through layoffs and store closures, with plans to eliminate 230 positions, or 7% of its workforce,…
4 months ago The RealReal Names New CEO as its Pursuit of Profitability Continues Luxury resale marketplace The RealReal has appointed John Koryl as its new permanent CEO, eight months after Founder Julie Wainwright stepped down from…
11 months ago Gap Launches Four Shoppable ‘Laboratories’ at its S.F. Headquarters to Power Retail Innovation Gap will experiment with new ideas through four new retail spaces at its San Francisco headquarters, designed to support the Old Navy,…
12 months ago The RealReal Founder and CEO Resigns; COO and CFO Step in as Co-Interim CEOs The RealReal Founder, CEO and Chairperson Julie Wainwright has left the company, effective June 7. President and COO Rati Sahi Levesque and…
2 years ago The RealReal Teams Up with Mytheresa to Promote Circularity as it Expands Reach Beyond Fashion Luxury resale marketplace The RealReal has teamed up with luxury fashion site Mytheresa to educate consumers about the value of resale and…
2 years ago Chewy, Five Below, McDonald’s CEOs to be Honored by NRF Foundation NRF Foundation has named the retail leaders to be included on The List of People Shaping Retail’s Future 2022. These executives, who…
3 years ago How Worthy Conquered Mistrust Issues In Jewelry Resale COVID-19 has accelerated an already-surging resale market. Consumers stuck at home have had the time to thin out their wardrobes and make…
3 years ago How Luxury Brands Are Responding To COVID Tension With Innovation COVID-19 has been an accelerant of retail disruption, and no vertical has been left unscathed. For the luxury category, the pandemic’s impact…