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RealReal Inks Resale Partnership With Jimmy Choo

  • Online marketplace for resale luxury goods, RealReal Inc (NASDAQ: REAL), has inked a partnership with global luxury accessories brand Jimmy Choo.

  • Under the partnership, RealReal will offer resale to Jimmy Choo clients from October 6.

  • Jimmy Choo is part of Capri Holdings Limited (NYSE: CPRI).

  • The partnership enables Jimmy Choo clients to easily consign their pre-loved luxury items through RealReal.

  • When clients submit their consignment, RealReal will take possession of the item and authenticate it by photographing, pricing, and listing the piece.

  • Once an item is authenticated, first-time consignors will also receive an exclusive invitation to book an in-store or virtual one-to-one styling session with a member of the Jimmy Choo styling team.

  • Price Action: REAL shares are trading lower by 5.00% at $1.42 on the last check Monday.

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