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The RealReal (REAL) operates a leading online marketplace for authenticated luxury resale goods, combining expert verification with sustainable commerce practices. This news hub provides investors, analysts, and industry professionals with timely updates on corporate developments shaping the premium secondhand market.
Access official press releases, financial reports, and strategic announcements covering key areas including earnings results, partnership expansions, and sustainability initiatives. Our curated news collection enables efficient tracking of market positioning, operational milestones, and leadership in the luxury resale sector.
All content undergoes rigorous editorial review to ensure accuracy and relevance while maintaining compliance with financial disclosure standards. Bookmark this page for direct access to verified information supporting informed analysis of The RealReal's performance within the evolving circular economy landscape.
The RealReal (Nasdaq: REAL) announced that Chief Financial Officer Matt Gustke will participate in three upcoming conferences. These include the Morgan Stanley Technology Conference on March 1, 2021, the Raymond James 2021 Institutional Investors Conference on March 3, 2021, and the BofA Securities 2021 Consumer and Retail Technology Conference on March 9, 2021. The presentations will be available via webcast on The RealReal's investor relations website and will be accessible for replay for a limited time after the live events.
The RealReal (Nasdaq: REAL) will announce its financial results for Q4 and the full year ending December 31, 2020, on February 22, 2021, after market close. A conference call is scheduled for 2:00 PM PT (5:00 PM ET) to discuss the results. Interested parties can join by calling (866) 996-5385 in the U.S. or (270) 215-9574 internationally, with a passcode of 1836039. The event will also be available via live webcast.
The RealReal is the largest online marketplace for authenticated, consigned luxury goods, emphasizing sustainability by supporting the circular economy.
The RealReal announced its 2021 Luxury Consignment Report, revealing significant trends in the luxury resale market. A growing number of consignors, particularly Gen Z and Millennials, increased participation to 35%. Investment pieces and vintage items showed rising resale values, with high-demand bags seeing prices up by 80%. Gucci and Rolex maintained strong positions, with Gucci leading in vintage resale value. Overall, the report emphasizes a shift toward sustainable fashion and the importance of consigning for financial gains in 2021.
The RealReal (Nasdaq: REAL) has reported a business update reflecting ongoing recovery amidst the COVID-19 pandemic. In November, the company recorded a historic surge in new and repeat buyers, with a 24% year-over-year increase in new buyer acquisition. The holiday season saw a roughly 10% year-over-year rise in order volume over a five-day period, despite a 3% overall decline in November GMV due to supply challenges in the Fine Jewelry and Watch category. Key metrics also showed an increase in retail supply units shipped, marking a 51% year-over-year growth.
The RealReal (Nasdaq: REAL), the largest online marketplace for authenticated luxury goods, announced participation in two upcoming conferences. CEO Julie Wainwright and CFO Matt Gustke will present at the Credit Suisse 24th Annual Technology Conference on December 2, 2020. Additionally, Gustke will speak at the UBS Global TMT Conference on December 8, 2020. Both presentations will be available via webcast on The RealReal's investor relations website, along with replay options after the live events.
The RealReal (Nasdaq: REAL) reported Q3 2020 financial results, showing a 17% quarter-over-quarter improvement in Gross Merchandise Volume (GMV) to $245.4 million, though this represents a 3% year-over-year decline. Total revenue was $78.1 million, up 16% Q/Q but down 4% Y/Y. Gross profit improved 18% Q/Q to $49.8 million, but decreased 5% Y/Y. Active buyers increased by 14% Y/Y to 617,269. The company highlighted strength in supply trends and a new partnership with Gucci aimed at promoting sustainability.
The RealReal has launched its largest flagship store on Chicago’s Magnificent Mile, spanning 12,000 square feet and creating 50 local jobs. This store enhances its engagement with the community and promotes sustainable fashion practices. Customers can access a range of services including expert consultations, custom tailoring, and a café with local produce. The store features an extensive collection of luxury goods and aims to support the resale market. The RealReal continues to lead in authenticated luxury consignment, emphasizing a circular economy for fashion.
The RealReal (Nasdaq: REAL) announced it will release its Q3 financial results after market close on Nov. 9, 2020. The company will also host a conference call at 2:00 p.m. PT to discuss these results with investors and analysts. The call can be accessed by dialing (866) 996-5385 in the U.S. or (270) 215-9574 internationally, with a passcode of 2136043. A live webcast will be available at investor.therealreal.com, with an archived version accessible afterward.
On National Consignment Day, The RealReal (Nasdaq: REAL) announces a partnership with Gucci to launch an online shop featuring pre-loved Gucci items, promoting circularity in luxury fashion through the end of the year. For every Gucci purchase or U.S. consignment, a tree will be planted via One Tree Planted, contributing to global reforestation efforts. The consignment of Gucci items has saved 230 metric tons of carbon and conserved over 10 million liters of water. Gucci continues to see a 19% increase in resale demand, solidifying its status as a leading luxury brand.
The RealReal (Nasdaq: REAL) announced that CFO Matt Gustke will speak at the Keybanc Capital Markets Future of Technology Series on Sept. 9, 2020. This event highlights The RealReal's position as the largest online marketplace for authenticated luxury goods, supported by a rigorous authentication process. Investors and interested parties can access a live webcast of the session through the Events section of The RealReal’s investor relations website, with replay available post-presentation.
