Female-founded upscale resale company the RealReal, which specializes in luxury consignment clothing items, announced a $50 million round of funding from private equity firm Great Hill Partners. With this round of financing, the upscale resale company joins the ranks of female-run startup Rent the Runway. To...
Resale retail is a rapidly exploding business — particularly if one happens to be in the business of reselling clothes. According to thredUP’s most recent resale retail report, annually resale retail clocks in as a $40 billion industry, 49 percent of which ($18 billion) alone is apparel...