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The RealReal Trims 25% of Staff Through Layoffs and Furloughs

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

The RealReal can’t sustain its full workforce through a period of plunging consumer demand and market turmoil. Luxury consignment retailer The RealReal is the latest company to reveal it is cutting back on expenses and headcount amid the COVID-19 pandemic. The firm, which employs more than 2,300, has laid off approximately 10 percent of its…

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