Company shares fell more than 10 percent in after-hours trading as a result.
The flagship has a strong focus on watches and jewelry.
The resale site is building back up after the coronavirus slowdown, but is still losing money and has investors wanting more.
Lim is embracing resale with The RealReal for an archive sale of seasons’ past.
The luxury consignment company said both supply and demand are still solid — it’s a matter of connecting the two.
Sneaker resale sites saw increases in Jordan Brand sales, searches and prices following the premiere of the documentary on April 19.
Many were born online and don’t have to worry about massive store closures. But will they have enough cash to outlive the virus?
A previously announced store is slated to open in Chicago this summer.
The digital brand, operates three brick-and-mortar stores that offer valuation services and consignment drop-off.