United States
The RealReal sells real estate to cover losses

Like many of its competitors in the luxury online consignment sector, the California-based market leader has been struggling since 2020. To help make ends meet, The RealReal has put part of its Los Angeles offices up for sale. [...]

Published on 02/05/2024 at 05:00 GMT Reading time 2 minutes

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John E. Koryl
Julie Wainwright
Monogram
Robert Julian
Securities and Exchange Commission
The RealReal
Todd Suko

United States
The RealReal is stocked but no longer selling

US second-hand luxury site The RealReal has presented its shareholders with mixed first-quarter results.

Subscribers only Entourage 23.05.2024

Spotlight | France
Monogram struggles to sail out of online doldrums

Following the woes of luxury e-commerce giants Farfetch and Matchesfashion, which have been bought by Coupang and Frasers respectively, one of France's leading web-based consignment stores, Monogram, is facing both financial and supply problems.

Free access Entourage 04.04.2024

Spotlight | Europe, United States
Anti-fraud services and tax authorities target Instagram 'live' luxury sales

The rising numbers of Instagram accounts selling luxury bags, jewellery and clothing items are getting a close look from anti-fraud services on both sides of the Atlantic, as well as from tax authorities. In providing a distribution channel with little regulation, the app is being used by counterfeiting networks and money launderers alike.

Free access Entourage 22.02.2024

Fraud investigation services are closely monitoring sales of counterfeit luxury goods on Instagram.

Front Row | France, United States
Vestiaire Collective's Sophie Hersan spearheads luxury's environmental turn

The co-founder of the second-hand fashion website Vestiaire Collective has leapt into the sustainable clothing niche and become a go-to circularity specialist for both luxury brands and government bodies.

Subscribers only Entourage 08.02.2024

Sophie Hersan, Vestiaire Collective's co-founder and fashion director.

Spotlight | France
Luxury resale specialists: are Monogram's discount goods the real deal?

By selling discount luxury items that are impossible to find elsewhere, second-hand retail site Monogram has elicited the incredulity of fashion houses and the suspicion of France's consumer watchdogs.

Subscribers only Entourage 01.02.2024

The second-hand retail site Monogram regularly offers rare luxury items at discounted prices.

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John E. Koryl
Julie Wainwright
Monogram
Robert Julian
Securities and Exchange Commission
The RealReal
Todd Suko

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