The RealReal is particularly well positioned in an apparel and accessories resale space that has been reinvigorated by e-commerce.
The market has been fueled by opportunities to buy and sell online. So-called “re-commerce” upstarts are growing 20 times faster than the broader retail market and five times faster than off-price retailers, which offer a similar treasure hunt, according to Coresight Research. Clothing, shoes and accessories currently make up 49% of total U.S. resale sales, Coresight said.
