Online marketplace company eBay says it will lay off 9% of its workforce, citing a difficult macroeconomic environment. Those job cuts will affect about 1,000 full-time employees of the eCommerce platform, CEO Jamie Iannone said in a message posted on the company’s website Tuesday (Jan. 23). “Our overall head count and...
The RealReal has joined EON to make it easier for luxury customers to consign their goods. The collaboration between the luxury consignment brand and the digital ID company will see The RealReal (TRR) join EON Exchange, EON’s app/partner/service ecosystem, the companies announced in a Tuesday...
As the impact of inflation reverberates through consumer spending, luxury consignment shops feel the pinch, experiencing a surge in haute couture stress. In a recent development reported by PYMNTS, The RealReal has embarked on an overhaul, aiming to reap the benefits in the first half...
Luxury consignment is a thriving niche within the fashion industry, offering a sustainable and cost-effective way for consumers to access high-end, designer products at more affordable prices. While the brick-and-mortar approach to luxury consignment has its advantages of personalization and in-store experience, it often lacks...
January 24, 2024
Online marketplace company eBay says it will lay off 9% of its workforce, citing a difficult macroeconomic environment. Those job cuts will affect about 1,000 full-time employees of the eCommerce platform, CEO Jamie Iannone said in a message posted on the company’s website Tuesday (Jan. 23). “Our overall head count and expenses have outpaced the growth of our business,” said Iannone. […]
January 16, 2024
The RealReal has joined EON to make it easier for luxury customers to consign their goods. The collaboration between the luxury consignment brand and the digital ID company will see...
October 12, 2023
London-based luxury resale platform Sign of the Times, has recently received new investment from industry leaders, including BrandAlley and Sweaty Betty founder Tamara Hill-Norton. This investment round will enable Sign of the Times...
