The RealReal to Lay Off, Furlough About 15% of its Workforce as COVID-19 has “Significant Impact” on its Business

How does a luxury resale entity – one that depends on consumers to not only purchase its wares but also to consign them in the first place – fare in light of the Coronavirus? The RealReal, the darling of the $25 billion upscale resale market, provided a snapshot. According to the preliminary financial results that … Continue reading The RealReal to Lay Off, Furlough About 15% of its Workforce as COVID-19 has “Significant Impact” on its Business