To promote the campaign and encourage mask wearing, New York State and The RealReal have partnered with a variety of fashion designers to create limited-edition face masks designs, to be released in weekly drops.
The San Francisco-based digital-first luxury consignment platform has opened its first flagship store in the Windy City, its largest location to date, featuring in-store valuation and tailoring services.
Resale marketplace The RealReal’s latest annual report has highlighted a shift towards high-value items during the Covid-19 pandemic, as well as other trends, including the rise of stealth luxury and luxury streetwear.
Interbrand launched its list of the 30 Breakthrough Brands for 2020 on Thursday and a number of fashion and beauty firms are included in the ranking of names that are “set to revolutionise their markets”.
The fashion consignment marketplace announced a net loss of $38.3 million for the first quarter on Wednesday, as restrictions implemented to slow the spread of Covid-19 disrupted the company’s operations.
The online marketplace announced its preliminary Q1 results on Tuesday, reporting an expected rise of 15% in GMV and revealing measures being implemented to deal with the effects of the ongoing Covid-19 crisis.