As a member of the pledge, Tapestry will commit to securing the advancement of Black individuals in the fashion and beauty industry and will work with BIFC executive board members over the next three years.
The fashion consignment marketplace announced a net loss of $43.3 million, or $0.49 per share, for the third quarter on Monday, as gains in direct revenue failed to make up for declines in consignment and services.
The 1,250 square-foot location will carry Hermès bags—the company's specialty—ranging from $15,000 to $250,000, including bags in new 2020 color ways like Vert Criquet, Sellier Rainbow, and Bleu Brume.
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.