The RealReal Is Still Battling Fakes. It Won’t Be Easy To ... - Forbes

Feb 22, 2021 · The fake Dior shoe bought on The RealReal next to the real Dior shoe. Courtesy Triangle Capital LLC. If you doubt whether the market for second-hand clothes and …

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The RealReal’s Turnaround Plan And The Future Of Resale - Forbes

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Sep 5, 2023 · The RealReal’s fixed costs alone, even after the company’s recent drive to profitability, are over 90% of revenue in the last twelve months and have historically been …

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Why The RealReal Faces Real Challenges | The Motley Fool

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Mar 11, 2022 · The RealReal recently reported full-year results for 2021; while revenue grew 56% from 2020, the full-year loss grew 34%, from $176 million in 2020 to $236 million last year.

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The RealReal Sold Me A $3,600 Fake; Here’s Why Counterfeits

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Oct 23, 2019 · Tree trunk comparison. Photo credit Triangle Capital LLC. What The RealReal Says. I asked The RealReal about the fake bag I ended up with. The company asked me to …

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Beware Of The RealReal - Should’ve Listened To Warnings

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Jonathan took 18 of my items, valued at over $5k retail, including a Canada Goose Parka, Balenciaga Shoes, Gucci accessories, and several designer clothing items with tags still on. …

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FAQs about The RealReal Is Still Battling Fakes. It Won’t Be Easy To ... - Forbes Coupon?

Is the RealReal fake?

That much attention to the topic makes it clear that the level of concern about fakes on The RealReal is sky high. Legit grails certificate of [non-]authenticity With good reason. A consumer named Linda contacted me recently about a pair of Christian Dior sneakers she bought from The RealReal for over $1000. ...

How can The RealReal overcome the problem of fakes?

If The RealReal can get more brands to be involved in its authentication process, or to handle it themselves, it will access more knowledge about the products, and that’s exactly what it needs to overcome the problem of fakes. Ultimately, this problem can be fixed only if management commits to make it happen. ...

What do you need to know about The RealReal?

Read on to discover all you need to know about the RealReal. The RealReal says that it takes authenticity seriously (read: there are no fakes). But they have faced criticism for selling fakes or items that were not in the condition they claimed to be online. ...

Are fake products a problem?

But they have faced criticism for selling fakes or items that were not in the condition they claimed to be online. For example, a report conducted by CNBC in 2019 found that there were hundreds of customer complaints regarding the receipt of counterfeit goods and products that were damaged. ...

Do fakes still show up for sale?

Management needs to acknowledge that long-term success is built on the credibility of the authentication, and having fakes continue to show up for sale works against that. Based on what we’ve seen so far, it appears that only pressure from consumers and investors will create the change that’s needed. ...

How much is The RealReal worth?

At 53, she started over, founding luxury online consignment retailer The RealReal. The company is now worth more than $1B. The resale platform is set to spin thread into currency and au courant fashion by taking on the scrap heap of luxe fibers and fabrics and turning them into high-end one-off creations. The RealReal Is Still Battling Fakes. ...