Less than two years into the role, The RealReal chief executive John Koryl has exited the company and will no longer serve on its board, …
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RealReal
Laverne Cox Wore Alexander McQueen To The RealReal ‘Opens’ Ask Yourself What’s Real Installation
The RealReal hosted an event celebrating opening night, bringing together guests including Laverne Cox, who were invited to wear their favourite outfits from the retailer. …
The RealReal Reaches EBITDA Profitability
The RealReal, the most prominent online luxury resale platform in the US, has accomplished EBITDA (earnings before interest, tax, depreciation and amortisation) profitability in the …
The RealReal Shares Skyrocket After Profitability Update
The luxury resale platform’s stock soared 30 percent Wednesday, after exceeding Wall Street estimates for revenue and profit in its third-quarter earnings. Analysts point to …
ThredUp and The RealReal Inch Closer to Profitability
Despite making progress on their respective profitability goals, investors for both online resale sites were hardly impressed Tuesday afternoon when the companies reported first-quarter earnings. …
The RealReal Winds Down Beauty Operations
The resale platform is sunsetting its beauty category, which it first began testing in 2018. The existing beauty inventory will continue to be sold before …
The RealReal Announces Layoffs, Store Closures
In an effort to cut costs, the luxury resale platform will lay off 230 employees and close four stores this year, the company said in …
The RealReal Names New CEO
The fashion resale platform has named John Koryl as chief executive and a member of its board of directors, it announced Tuesday. As CEO, Koryl …
The RealReal Founder Julie Wainwright Steps Down as CEO
Wainwright will also exit her role as chairperson and a member of the board of directors, effective June 7. Chief operating officer and president Rati …