luxury resale

Is Resale Losing Its Appeal as Consumers Cut Back on Spending? 

Is Resale Losing Its Appeal as Consumers Cut Back on Spending? 
Is Resale Losing Its Appeal as Consumers Cut Back on Spending? 
July 11, 2023  |  Retail

Despite being in operation for 12 years, The RealReal has yet to achieve profitability. However, other brands and retailers have observed the popularity of resale...

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The RealReal Sharpens Resale Focus but Still Reports Loss 
The RealReal Sharpens Resale Focus but Still Reports Loss 
May 11, 2023  |  Retail

It was once said, “The RealReal is a total mess and I can’t quit it.” That said, keeping up with the company’s progression has been...

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eBay Takes on The RealReal With Certified Brand Program
eBay Takes on The RealReal With Certified Brand Program
April 28, 2023  |  Retail

Despite the setback caused by its investment in Cudoni, a resale platform startup that was forced to shut down due to lack of traction, eBay...

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eBay Doubles Down on Luxury Sector Despite Cudoni Shutdown 
eBay Doubles Down on Luxury Sector Despite Cudoni Shutdown 
April 27, 2023  |  Earnings

Cudoni, a luxury resale platform backed by eBay, announced its shutdown earlier this week, citing the economic climate as the reason for its unfeasible operations....

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eBay-Backed Cudoni Shuts Down, Highlighting Growing Competition in Luxury Resale  
eBay-Backed Cudoni Shuts Down, Highlighting Growing Competition in Luxury Resale  
April 24, 2023  |  eCommerce

Back in January, Cudoni, a startup based in London, added eBay to its roster of investors with a $9 million fundraise. Today, the company no...

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