The RealReal's Success in the Luxury Resale Market

The RealReal's Success in the Luxury Resale Market

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

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FREE Resource

The video discusses the evolution of a company into a leader in sustainability and the circular economy. It highlights the shift from fast fashion to resale, driven by environmental awareness. The company plans significant growth and expansion, focusing on consignment and sustainability. The pandemic posed challenges, but recovery is underway. Future goals include balancing retail and ecommerce, with continued partnerships to reduce waste.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact do you think the rise of resale shopping has on consumer behavior?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the company's approach to supply and demand changed post-COVID?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways did the company collaborate with other designers during the pandemic?

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