In today’s top news, Tencent’s stock dropped 10 percent after President Trump banned WeChat, and Uber reported earnings rooted in delivery revenue. Plus, U.S. household...
The pandemic weighed heavily on The RealReal’s second-quarter earnings announced Thursday (Aug. 6), leading to a steep drop in its results. The drop was tied...
The RealReal, the online marketplace for consigned luxury goods, has been dealing with coronavirus-induced hits to its business by going digital. In its Q1 earnings...
The volatile, COVID-driven stock market has had a mixed effect on the retail IPO class of 2019. The big three initial public offerings — The...
As its gross merchandise volume (GMV) topped $1 billion for 2019, The RealReal Inc. reported a contribution profit per order of $19.72 and buyer acquisition cost (BAC)...
Barney’s has given way to Saks Fifth Avenue, directing shoppers to the latter’s sites in these last days of the year, one of the latest...
Luxury fashion resale platforms are gaining traction as they focus on sustainability and partnerships, with The RealReal’s third-quarter earnings serving as the latest example of growth...
Luxury retail is being revised — and in some cases, reinvented — and those trends are worth attention as the 2019 holiday shopping season approaches. One...
In its U.S. initial public offering (IPO), eCommerce luxury reseller The RealReal Inc. has notched $300 million. The company priced its shares above a target...