The RealReal is the largest pure-play luxury resale platform in the us, generating $1.7 billion in 2023 gross merchandise volume and addressing a niche (personal luxury resale) that had previously been serviced by inefficient upscale boutiques and local pawn shops. The company generates revenue via consignment and first-party sales on its online marketplace, and through a small volume of direct sales. With a hands-on approach that actively sources inventory and authenticates every item on its platform, The RealReal is able to justify much higher take rates than peers, working out to roughly 34% of net merchandise value, which excludes returns, cancellations, and first-party sales.

The RealReal, Inc. Common Stock

The RealReal is the world’s largest online marketplace for authenticated, resale luxury goods. With a rigorous authentication process overseen by experts, we provide a safe and reliable platform for consumers to buy and sell their luxury items. As a sustainable company, we give new life to pieces by hundreds of brands, from Gucci to Cartier, supporting the circular economy. We make consigning effortless with free in-home pickup, drop-off service, virtual appointments, and direct shipping.

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The RealReal

This week, we celebrate a REAL special achievement coming out of our Dallas store! Senior Resales Specialist, Albert Villaluna, hit a milestone goal. The team on-site sweetened the day by surprising and delighting him with a few of his favorite treats. Congrats on your success, Albert, we look forward to seeing the continued impact you will make!

In our stores, every day is an opportunity to engage with clients who share our love for luxury and sustainability. From curating one-of-a-kind pieces to providing personalized styling advice, our retail associates play a pivotal role in creating unforgettable shopping experiences, making our stores more than just a place to shop—they're a destination for inspiration and connection.

At The RealReal, we believe in empowering our team members to reach new heights and celebrate their successes. Join us and grow your career with a team that is committed to sustainability, redefining luxury, and shaping the future of fashion, here: https://lnkd.in/dWWsiBQa

We asked eight Fashion Institute of Technology (FIT) students to participate in a design challenge to create a collection of one-of-a-kind, upcycled coats made from unwearable items from our inventory — and they delivered.
 
A panel of judges, including FIT faculty mentors, TRR's President & COO Rati Sahi Levesque, legendary model Pat Cleveland, and celebrity stylist Erin Walsh lent their expertise. 
 
The future of fashion is in good hands. See how the superstar students breathed new (gorgeous) life into otherwise unusable or unwanted items from The RealReal here: https://lnkd.in/e2ZVGSgY

We couldn't be more thrilled to announce that we’ll be at The Manhattan Vintage Show this year! One of New York's largest expos dedicated to vintage resale, the Winter Show - February 2nd - 4th at the Metropolitan Pavilion in New York - will offer a curated selection of Rare Finds from our site. 

Our TRR experts will help you shop an array of our most famous and one-of-a-kind vintage items, including pieces from designers such as Gucci by Tom Ford, Christian Dior by John Galliano, Roberto Cavalli, and more. 

We hope to see you there! https://lnkd.in/enr6HwMB

"Out of stock"? Not a problem if you know the right people! Harper's Bazaar gives a glimpse into the world of "luxury sourcing" – when a consumer employs a well-connected fashion expert to help them find what they’re looking for e.g. Bottega Veneta’s drop earrings or a Phoebe Philo-era Celine tote bag – and quotes our very own Master Authenticator Dominik Halas.
 
He says the shift to luxury sourcing “signals a more invested and thoughtful kind of customer." These are shoppers who have done their homework. “Exclusivity and luxury have evolved to no longer be just about price and availability—think traditional waitlists for Hermès Birkins or exclusive watches—but now includes hard-to-find pieces from seasons past. [It’s] luxury through research, not wealth.”
 
Learn more about this new trend in consumer behavior here: https://lnkd.in/eF8hZna3

Each quarter, we host and announce peer nominated Spotlight Awards — our favorite part of each company-wide All Hands. Our Spotlight Awards honor individuals from across the organization who go above and beyond to exemplify and embody our values of Lead, Collaborate, and Drive Results.

Please join us in congratulating our incredible Q3 2023 winners!

Thank you Jill Manoff and Glossy for recognizing John Koryl in this year’s 2023 Glossy 50 as an industry leader. We’re so honored to have our CEO listed alongside other incredibly impressive leaders who are evolving, innovating, and growing influential brands across the fashion and beauty industries. 

Cheers to you, Koryl, and to this next phase of TRR! 
https://lnkd.in/eFBB9diK

Join our President + COO, Rati Sahi Levesque, on December 12th for a conversation with fellow women leaders in tech who are a driving force of innovation and inspiration. Hear more about their incredible journeys to pursue a career in tech, and the opportunities and obstacles that have shaped them. 

RSVP for a night of inspiration and networking with like-minded women in the Bay Area here: https://lnkd.in/gWzKtrE2

TRR was honored to be a part of this year's New York City Jewelry Week (NYCJW), and what better way to celebrate sustainability and jewelry than by announcing our second upcycled collection with Presley Oldham. 

Launching just in time for the holiday season, this collection of 55 one-of-a-kind designs focuses on classic pearls and perfect giftable pieces using materials that were unfit for sale. Therefore, giving the materials a new life and next chapter! https://lnkd.in/eix6mYRK

Adding even more sparkle to our site and NYC stores, NYCJW co-founders, Bella Neyman and JB Jones, sifted through TRR's vast archive of jewelry, curating an edit of iconic jewelry from the past, present, and future in celebration of this season's “Icons” theme. https://lnkd.in/eeUJwRj7

Big thank you to our TRR team and everyone who celebrated with us in our Soho store last week!

It should come as no surprise that our president and COO Rati Sahi Levesque knows a thing or two about power dressing. She recently told Vogue: "There are days where I have to be in board meetings and investor calls, and I'm the only woman around the table, so I do think about how much I want to push the envelope — and I always try to push it a little bit!" 

Head to the link to read the full story: https://lnkd.in/gimJq4cA

Last month during National Hispanic Heritage Month, TRR honored the history, culture and contributions of Hispanic and Latinx Americans. Our employees celebrated the significance of this month by participating in cultural celebrations, including a conversation on Afrolatinx identity hosted in partnership with our Black Employee Network, salsa dancing lessons, spirit days, and a game of Loteria, to be able to learn more about the "cultura".
 
Thank you to our HOLA Employee Resource Group (ERG) for planning special moments for us to embrace and celebrate the rich history and traditions of our various communities.

NASDAQ:REAL

The RealReal, Inc.

Last Close

3.21

26/07 20:00

Market Cap

365.59M

Beta: 2.38

Volume Today

1.59M

Avg: 3.15M

PE Ratio

−1.00

PFCF: −1.64

Financials Not Available