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The RealReal Sees Q1 Margin Uptick, But $38 Million Losses Mount

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Luxury resale marketplace The RealReal has hit a snag in its quest for profitability as shoppers shift their priorities away from high-end apparel and accessories during the COVID-19 pandemic, with the company seeing net losses of $38.3 million in the first quarter. But amid major cutbacks, the luxury goods platform is still investing in different…

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