The Realreal Temporary Closure (2024)

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. 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.

3. 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.

4. 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...

5. 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 ...

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• 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.

6. 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.

7. 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.

8. 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.

9. 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 ...

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  Does Your Business Structure Affect Your Ability to Attract Investors?

• Julie Wainwright is out as chief executive and board chair, allowing the company to focus more on profitability, according to analysts.

10. 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…

11. The RealReal Could Be Close To A Deal (NASDAQ:REAL)

• 26 okt 2022 · Strong Buy Stocks - Short Squeeze · Top REITs · ETF Screener Collapse ... With The Luxury Resale Market Heating Up, The RealReal Could Be Close To ...

• The RealReal remains without a permanent CEO. See why I suspect the Board might be more open to M&A discussions and that REAL could be an acquisition candidate.

12. The RealReal expects 15% rise in Q1 GMV, announces job cuts and ...

• 15 apr 2020 · Having already temporarily closed its stores and consignment offices and suspended in-person consignment appointments due to the pandemic ...

• The online marketplace announced its preliminary Q1 results on Tuesday, reporting an expected rise of 15% in GMV and revealing measures being implemented to deal with the effects of the ongoing Covid-19 crisis.

13. The RealReal Housewives of Resale Fashion - Puck News

• 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.

14. How the RealReal Is Using AI to Find Fakes - Business Insider

• 21 mei 2024 · ... short of its description." The lawsuit was settled in 2021. The new technology helps "ensure that we keep our brand promise and things are ...

• The RealReal employs AI to enhance item uploads and authenticate luxury goods, solving counterfeit issues and promoting efficiency.

15. The RealReal Announces Layoffs, Store Closures | BoF

• Bevat niet: temporary | Resultaten tonen met:temporary

• In an effort to cut costs, the luxury resale platform will lay off 230 employees and close four stores this year.

16. On Canal Street, Fake Bags That Are Not for Sale - The New York Times

• 12 jun 2024 · A sign noting hours — Monday: closed; Tuesday: closed. Wednesday ... the RealReal. Historically, the best superfake bags have taken the ...

• A new exhibition that looks like a store is meant to draw attention to the prevalence of “superfake” handbags.