Despite being in operation for 12 years, The RealReal has yet to achieve profitability. However, other brands and retailers have observed the popularity of resale and are embracing it. This leads to the question of whether the efforts put into resale initiatives are truly worthwhile. ...
While apparel retailers are increasingly making forays into branded resale, creeping behind is footwear. Recently, Toms Shoes launched its resale initiative in partnership with thredUP and Sam Edelman in partnership with Archive, indicating that consumers are willing to not only resell items across more categories...
TOMS Shoes Founder Blake Mycoskie did not begin life dreaming of entrepreneurship, shoes or creating a socially conscious company. In fact, when he embarked on his college career almost 20 years ago at Southern Methodist University, Mycoskie had one professional ambition in mind. He wanted...
