The RealReal CEO on Luxury Consignment During the Pandemic

The RealReal CEO on Luxury Consignment During the Pandemic

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the impact of COVID-19 on supply and demand, highlighting the challenges faced and the recovery signs observed. It emphasizes the role of neighborhood stores in boosting supply and the importance of physical stores in future growth. The discussion also covers consumer behavior trends, particularly in luxury goods, and outlines future plans, including international expansion and the continued relevance of neighborhood stores and virtual appointments.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expectations for new store openings by the end of June?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the outlook for demand as restrictions ease?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the company adapt to the challenges posed by the pandemic?

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