The RealReal news and archive

Judge dismisses counterclaims by The RealReal against Chanel

Chanel has secured a partial win in a long-running legal dispute against The RealReal (TRR). A New York judge has moved to dismiss a number of the US resale platform’s counterclaims, narrowing the defense to more timely matters. US district judge Vernon Broderick of the Southern District of New York granted a motion by Chanel to dismiss five...

People

The RealReal strengthens its board and leadership team

US-based luxury resale platform The RealReal has appointed Fanatics executive Jennifer McKeehan to its board of directors and strengthened its executive leadership team with the appointments of Tiffany Stevenson as chief people officer and Tom Hanrahan as chief revenue officer. In a statement, The RealReal said the appointments will strengthen...

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Business

The RealReal achieves record 2 billion dollar GMV amid luxury resale surge

The US-based luxury resale platform The RealReal reported a transformative fiscal year ended December 31, 2025, surpassing the 2.13 billion dollar mark in gross merchandise value (GMV). This represents a 16 percent increase compared to the previous year, while total annual revenue rose 15 percent to 693 million dollars. Rati Levesque, the...

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Business

The RealReal records strong Q3 financial performance

Luxury consignment platform The RealReal, Inc. delivered a strong third quarter for 2025, reporting accelerated growth and significant margin expansion as the company leans into the luxury resale market. The online marketplace saw gross merchandise value (GMV) increase 20 percent year-over-year to 520 million dollars, driving a 17 percent rise...

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Business

The RealReal posts improved sales and profitability and raises outlook

The RealReal, Inc., online marketplace for authenticated resale luxury goods, has reported a "breakout performance" in its second quarter, with both gross merchandise value (GMV) and total revenue increasing by 14 percent year-over-year. The company's GMV reached 504 million dollars and total revenue hit 165 million dollars for the quarter ended...

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Business

The RealReal reports GMV, revenue growth and profitability surge

The RealReal, online marketplace for resale luxury goods, reported a 9 percent increase in gross merchandise value (GMV), reaching 490 million dollars, and an 11 percent rise in total revenue, totalling 160 million dollars. The company achieved a net income of 62 million dollars, or 39 percent of total revenue, a turnaround from a net loss of 31...

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Business

The RealReal exceeds Q4 outlook but 2025 guidance disappoints investors

The RealReal, an online marketplace for authenticated luxury resale goods, reported better than expected fourth quarter results with GMV of 504 million dollars and total revenue of 164 million dollars increased 12 percent and 14 percent, respectively. The company's adjusted losses per share at 0.01 dollars for the quarter, beat Wall Street’s...

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Business

The RealReal exceeds expectations with strong Q4 and FY24 results

The RealReal, an online marketplace for pre-owned luxury goods, announced strong preliminary fourth-quarter and full-year 2024 results, exceeding its previously issued guidance. Fourth-quarter gross merchandise volume (GMV) reached 503.5 million dollars, surpassing the forecast of 484 million dollars to 500 million dollars. Revenue for the...

Retail

The RealReal opens new store in Miami's Design District

The RealReal, the biggest online marketplace for secondhand luxury goods, has opened a new store in the Design District in Miami, Florida. The second store to open in Florida, the opening marks TheRealReal’s fourteenth physical store across the United States. Featuring a custom concept that reflects the city’s iconic art deco influence and...

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Report

The RealReal welcomes Q3 revenue uptick, losses narrow

Luxury resale marketplace The RealReal has reported a revenue increase of 11 percent for the third quarter of ended September 30, 2024, while the company’s gross merchandise value (GMV) was up 6 percent. During the quarter, consignment revenue rose 14 percent compared to the same period in 2023, while its adjusted EBITDA amounted to 2.3 million...

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Report

The RealReal appoints new CEO, ups FY24 profit guidance

Luxury resale platform The RealReal has announced the appointment of Rati Sahi Levesque as its new president and chief executive officer, effective immediately. Levesque currently serves as president and chief operating officer at the company, but will now succeed John Koryl, who has departed and no longer serves on The RealReal’s board....

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Fashion

The RealReal Luxury Resale Report 2024: Grassroots, sustainability and bling

Luxury resale marketplace The RealReal released its seventh annual “Luxury Resale Report” on Wednesday, which analyses the shopping and consignment behaviours of the company’s more than 37 million members. It also spotlights the key trends currently shaping demand and resale value for the most sought-after luxury brands and items - dominated by...