We visited The RealReal in advance of its IPO and saw why its leading the luxury resale market

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The RealReal is expected to price its IPO on Thursday, positioning it as the first resale company to go public.

The RealReal — a San Francisco-based online luxury consignment retailer — is expected to price its IPO on Thursday, positioning it as the first resale company to go public. The company's anticipated valuation of $1.5 billion points to a growing demand for luxury resale goods as U.S. consumer demand grows within a $6 billion market. We visited one of The RealReal's brick-and-mortar locations to see how the reseller has excelled in the business of luxury consignment.

The RealReal — a San Francisco-based online luxury consignment retailer — is expected to price its IPO on Thursday, positioning it as the first resale company to go public. The company's anticipated valuation of $1.5 billion points to a growing demand for luxury resale goods as U.S. consumer demand grows within a $6 billion market. We visited one of The RealReal's brick-and-mortar locations to see how the reseller has excelled in the business of luxury consignment.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Something is happening in the market that long-time bull Jim Paulsen hasn't seen beforeFear is overwhelming a market that's likely grinding higher, Wall Street bull Jim Paulsen says (via TradingNation)
La source: CNBC - 🏆 12. / 72 Lire la suite »

Chip-maker shares lead early stock-market gains after Micron resultsU.S. stocks claw back some of the previous day’s loss in early trade Wednesday as semiconductor shares scored a bounce from Micron Technologies’s... Lies.. Damn Lies from Mnuchin! Dead Cat Jump for the Stocks! Key word “WAS”
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Roku’s Lead In Connected-TV Market Share Will Grow To 70% By Year-End – ReportRoku’s streaming TV platform accounted for more than 30% of U.S. sales of connected-TV devices in the first quarter and its lead over the No. 2 provider, Sony PlayStation, will reach 70% by the end… I love my Roku! Couldn't do my work without it.
La source: DEADLINE - 🏆 109. / 63 Lire la suite »