News

Luxury reseller raises $300 million but profit still a problem

08/07/2019

Online reseller of luxury products The RealReal has raised $300 million from an initial public offering. The platform includes second-hand clothing, accessories and jewellery. Based in San Francisco, the company already has two brick-and-mortar stores, which both collect and sell items. It plans to open more this year and also intends to add to...

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