WHERE TO WATCH
RealReal Shares Skyrocket in Debut, Setting Up Stage for Q3 IPOs
June 28, 2019
RealReal soared in its market debut. John Jannarone, Editor-in-Chief at IPO-edge.com joined to discuss the luxury consignment platform's strong start, and how it sets the stage for potential Q3 IPOs.
How Truman's Lowers Our Carbon Footprint With its Refillable Bottles
Oct 17, 2017
Why eBay is Trying to Take on The RealReal
eBay is going after a higher-end consumer with the launch of its "authenticate" program. Racked Senior Reporter Chavie Lieber says, while this market is booming, eBay is quite late to the game. As part of eBay's new program, the online auction site will allow sellers to verify that products are not knockoffs. Lieber says this is the first time eBay is getting hands-on with its inventory rather than just acting as a marketplace. This could mark a big pivot for the site. So far, The RealReal has dominated the market for high-end consignment. Lieber says shoppers have been comfortable with sites like The RealReal because products have been authenticated from the very beginning. To lure customers, eBay is offering a double money-back guarantee in case the product turns out to be fake.
Oct 4, 2019
Mansion Tax Hits NYC, Real Estate Sales Plummet
New York's newly increased mansion tax is hitting the real estate market hard, since taking effect on July 1. Sales from some of the top real estate firms have plummeted between 6 and 16% just in the last quarter. The hike is hitting luxury listings the hardest. We spoke to Wendy J. Sarasohn, licensed Real Estate Broker and Jamie Joseph, licensed Real Estate Salesperson at Brown Harris Stevens.
Jun 12, 2018
The RealReal: Luxury Consignment Start-Up
The RealReal is a luxury consignment start-up that is looking to give longer lives to high-end retail items. The digital-first brand has raised $173 million in VC funds to date and has expanded to an omni-channel retail experience.