The Realreal Temporary Closure (2024)

Table of Contents
1. The RealReal Mens Store is Closed…but it's Only Temporary 2. The RealReal's Turnaround Plan And The Future Of Resale - Forbes 3. Weekend Briefing: The RealReal lays off hundreds, closes stores to reach ... 4. What The RealReal's store closures say about the future of luxury resale 5. Latsko Lands The RealReal in Return to Gold Coast - The Real Deal 6. Following deep cost-cutting, the RealReal outlines a path to ... - Glossy 7. The RealReal Review. - The Stripe | Lifestyle Blog 8. The RealReal founder and CEO abruptly resigns - Retail Dive 9. Resale leader The RealReal takes on upcycling | Vogue Business 10. THE REALREAL TEMPORARILY MAKES STORES AND LUXURY 11. The RealReal Looks to Consign Its Way to Near-Term Profitability 12. Is The RealReal Dead? - trueself 13. On Canal Street, A New Exhibition on Fake Designer Bags 14. The RealReal's Results Are Another Sign That Brick-And-Mortar Stores ... 15. The RealReal Housewives of Resale Fashion - Puck 16. How the RealReal Authenticates Items - The New York Times FAQs

1. The RealReal Mens Store is Closed…but it's Only Temporary

  • 14 jan 2024 · The RealReal Mens Store, located at 8500 Melrose Ave, in West Hollywood, is currently closed, but it's only temporary.

  • The RealReal Mens Store, at 8500 Melrose Ave, in West Hollywood, is currently closed, but it's only temporary. The men's section is closed for construction.

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2. 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?

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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.

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4. 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.

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5. Latsko Lands The RealReal in Return to Gold Coast - The Real Deal

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6. 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.

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7. The RealReal Review. - The Stripe | Lifestyle Blog

  • 22 jun 2023 · The second that happened, I sold mine and I got very close to what I paid for it. ... short, BUT great to be able to try stuff on). And ...

  • Today I thought I'd dedicate a post to share a review and how I use The RealReal... both from the perspective of buying and selling!

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8. 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.

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9. Resale leader The RealReal takes on upcycling | Vogue Business

  • 25 mrt 2021 · Close Alert. Vogue Business. To revisit this article, select My ... After helping luxury brands to see the business opportunity in resale, The ...

    See Also
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  • ReCollection is a new programme that works with designers like Balenciaga to create new collections from scraps.

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10. 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...

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11. 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.

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12. 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.

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13. On Canal Street, A New Exhibition on Fake Designer Bags

  • 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.

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14. 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.

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15. 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.

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16. How the RealReal Authenticates Items - The New York Times

  • 22 nov 2022 · Dominik Halás, 29, is entrusted by the company to authenticate vintage clothes — many of which are older than he.

  • Dominik Halás, 29, is entrusted by the company to authenticate vintage clothes — many of which are older than he.

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The Realreal Temporary Closure (2024)

FAQs

Is The RealReal struggling? ›

Like many of its competitors in the luxury online consignment sector, the California-based market leader has been struggling since 2020. To help make ends meet, The RealReal has put part of its Los Angeles offices up for sale.

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What happens if your item doesn't sell on The RealReal? ›

(iii) If an Accepted Item has not been Sold by the end of the Consignment Period, We will contact You and, at Your option and Our expense: (A) return the Accepted Item to You, in accordance with the terms of the Return Policy, or (B) re-purpose or donate the item to a charity of Our choice.

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What percentage does The RealReal give you? ›

We handle everything from expert authentication, copy writing, and photography. Thanks to 25+ million shoppers items sell faster on The RealReal. Earn up to 85% of the sales price. That's 3 times more than other resellers.

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Does The RealReal pay you immediately? ›

Commission payments are issued on the 15th of each month, following the month in which items were sold. For example, for items sold in January you would be paid on February 15th. When you trade, you receive payment in the form of site credit within two weeks.

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What happened to The RealReal? ›

RealReal, a platform for luxury resale, said in an SEC filing that it fired 230 workers and shut down four locations last year in an effort to cut costs. This amounted to 7% of its personnel being laid off.

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Is The RealReal ethical? ›

The RealReal (“TRR”) is committed to the highest standards of social and environmental responsibility and ethical conduct.

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Can I get my stuff back from The RealReal? ›

Return Requests: Consignors who request to have an item returned before the end of the consignment window (365 days) will be charged $15 per item. A fee of $100 plus shipping costs will be applied to return requests for fine art and oversized items.

Get More Info Here ›
Does The RealReal guarantee authenticity? ›

Many of the products in our possession are run through proprietary authentication technology such as TRR Vision and TRR Shield, which look at everything from the specifics of an item's construction to its liability for counterfeit.

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Who owns The RealReal? ›

The RealReal was founded in 2011 by Julie Wainwright, an e-commerce entrepreneur.

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Which one is better, Fashionphile or Real Real? ›

Customer Trust: Overall, Fashionphile is perceived as more trustworthy due to fewer issues with counterfeit items. Authentication Process: Fashionphile's authentication is deemed stricter compared to The RealReal, which has faced scrutiny and complaints over lax practices.

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Who is the target audience of The RealReal? ›

The RealReal targets female millennials in metropolitan environments in North America who have the interest, access, and ability to purchase luxury goods, or has luxury goods to sell.

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Does The RealReal make a profit? ›

The RealReal, the most prominent online luxury resale platform in the US, has accomplished EBITDA (earnings before interest, tax, depreciation and amortisation) profitability in the fourth quarter of 2023, the first time since its IPO in 2019, the company announced Thursday.

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Does The RealReal send 1099? ›

Yes. Once an Affiliate hits $600 in earnings for a calendar year, we are required by the IRS to report that income via a 1099 form. We will collect your tax information before making your first payment.

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How much does The RealReal pay for bags? ›

With an industry-leading consignment rate, you can receive up to 85% of the sale price when your bag is sold.

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Is The RealReal profitable? ›

The fashion resale company finally became profitable last year, but it was at the cost of losing consignors who complain that reselling is no longer as lucrative as it once was on the platform.

Get More Info Here ›
Should I invest in The RealReal? ›

REAL Stock Forecast FAQ

RealReal has 45.10% upside potential, based on the analysts' average price target. Is REAL a Buy, Sell or Hold? RealReal has a consensus rating of Moderate Buy which is based on 3 buy ratings, 3 hold ratings and 0 sell ratings.

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What are the analyst ratings for RealReal? ›

RealReal Stock vs. The Competition
TypeRealRealConsumer Discretionary Companies
Consensus Rating Score2.382.56
Consensus RatingHoldModerate Buy
Predicted Upside18.47% Upside131.74% Upside
News Sentiment RatingPositive NewsPositive News

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