Inside The RealReal’s new store in New York City
With over 9 million users and an estimated 500 million US dollars in annual revenue, The RealReal has established itself as one of the most prominent players in fashion resale, a market that has grown 21 times faster than retail over the past three years and is projected to grow from 24 billion US dollars to 51 billion US dollars in the next five years. The company, which is said to be in talks with investment banks for an IPO, sells consigned clothing, jewelry, watches and home decor from luxury brands such as Gucci, Louis Vuitton, Saint Laurent and Stella McCartney.
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The RealReal