REAL The RealReal

The RealReal Expands to Miami’s Design District with New Store Opening

The RealReal Expands to Miami’s Design District with New Store Opening

MIAMI, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Today, The RealReal (Nasdaq: REAL), the world’s largest online marketplace for authenticated, resale luxury goods, proudly announces the opening of its newest store in The Miami Design District. This highly anticipated location marks The RealReal’s fourteenth brick-and-mortar location and the second in Florida.

The Miami store reflects The RealReal’s mindful approach to luxury, seamlessly paired with a design that honors the city’s iconic art deco heritage and exuberant color palette. Natural materials, such as responsibly sourced cork flooring, and a hand-painted tile mural by artist Cassie Griffin serve as striking highlights, celebrating Miami’s creative spirit. The thoughtfully curated space invites visitors to immerse themselves in a shopping experience that feels both luxurious and deeply connected to the community’s culture.

Samantha McCandless, Chief Merchandising Officer at The RealReal says “Each of our stores is fully localized, featuring a handpicked assortment that changes almost daily. We chose Miami because of its active, and growing, customer and consignor base, allowing us to better serve the community with a local store in their neighborhood.”

Consignment Services: The RealReal’s team of experts is on hand to provide personalized consultations for consignors, including evaluations of handbags, fine jewelry, and watches. Dedicated sales representatives offer convenient drop-off services, making it easy for Miami locals to contribute to The RealReal’s circular economy.

Handbag & Fine Jewelry Valuations: Trained specialists are available in-store for appraisals and valuations of handbags, fine jewelry, and watches, helping customers understand the value of their luxury items.

Store Details:

  • Address: 51 NE 40th Street, Miami, FL 33137
  • Hours: Monday to Saturday, 11 a.m. to 7 p.m.; Sunday, 12 p.m. to 6 p.m.
  • Store Size: 1,972 sq. ft. Ground Floor

For more information or to book a consignment appointment, visit .

About The RealReal:

The RealReal is the world’s largest online marketplace for authenticated, resale luxury goods, with 37 million members. With a rigorous authentication process overseen by experts, The RealReal provides a safe and reliable platform for consumers to buy and sell their luxury items. We have hundreds of in-house gemologists, horologists and brand authenticators who inspect thousands of items each day. As a sustainable company, we give new life to pieces by thousands of brands across numerous categories—including women's and men's fashion, fine jewelry and watches, art and home—in support of the circular economy. We make selling effortless with free virtual appointments, in-home pickup, drop-off and direct shipping. We handle all of the work for consignors, including authenticating, using AI and machine learning to determine optimal pricing, photographing and listing their items, as well as shipping and customer service.

Other Store and Luxury Consignment Office Locations

The RealReal's locations span key markets across the country, offering unique consignment and shopping experiences in Brentwood, CA; Chicago, IL (Luxury Consignment Office and Walton St.); Dallas, TX; Greenwich, CT; Los Angeles, CA (Melrose); Manhasset, NY; Marin, CA; Newport Beach, CA; Brooklyn, NY; New York, NY (Madison Ave, Midtown, and SoHo); Palm Beach, FL; Palo Alto, CA; and San Francisco, CA (Luxury Consignment Office).

Press Contact:

Mallory Johnston



EN
27/11/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on The RealReal

 PRESS RELEASE

The RealReal Announces Fourth Quarter and Full Year 2024 Results

The RealReal Announces Fourth Quarter and Full Year 2024 Results Fourth quarter revenue of $164 million, up 14% year-over-year, a record high for the company2024 Net Loss of $134 million improved $34 million year-over-year, resulting in positive $9 million of Adjusted EBITDA2024 Operating Cash Flow of positive $27 million, increased $88 million year-over year, resulting in positive Free Cash Flow for the year SAN FRANCISCO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- The RealReal, Inc. (Nasdaq: REAL)—the world’s largest online marketplace for authenticated, resale luxury goods—today report...

 PRESS RELEASE

The RealReal Reports Strong Preliminary Fourth Quarter and Full Year 2...

The RealReal Reports Strong Preliminary Fourth Quarter and Full Year 2024 Results; Projects Profitable Growth for 2025; Completes Strategic Debt Exchange Strengthening its Financial Position SAN FRANCISCO, Feb. 10, 2025 (GLOBE NEWSWIRE) --  (Nasdaq: REAL)—the world’s largest online marketplace for authenticated, resale luxury goods—today provided preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2024 and announced its entry into strategic debt exchange transactions with certain holders of its 1.00% Convertible Senior Notes due 2028 (the “2028 ...

 PRESS RELEASE

The RealReal Expands to Houston with New Store in Montrose Collective

The RealReal Expands to Houston with New Store in Montrose Collective HOUSTON, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Today, The RealReal (Nasdaq: REAL), the world’s largest online marketplace for authenticated, resale luxury goods, is excited to announce the opening of its newest location in Houston’s award-winning Montrose Collective project. This location marks The RealReal’s fifteenth brick-and-mortar location and the second in Texas. Situated alongside premier retailers such as Reformation, Ganni, Mejuri, and Buck Mason, The RealReal brings its unique approach to luxury resale to one of ...

 PRESS RELEASE

The RealReal Expands to Miami’s Design District with New Store Opening

The RealReal Expands to Miami’s Design District with New Store Opening MIAMI, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Today, The RealReal (Nasdaq: REAL), the world’s largest online marketplace for authenticated, resale luxury goods, proudly announces the opening of its newest store in The Miami Design District. This highly anticipated location marks The RealReal’s fourteenth brick-and-mortar location and the second in Florida. The Miami store reflects The RealReal’s mindful approach to luxury, seamlessly paired with a design that honors the city’s iconic art deco heritage and exuberant color ...

 PRESS RELEASE

The RealReal Announces Third Quarter 2024 Results

The RealReal Announces Third Quarter 2024 Results Q3 2024 Revenue of $148 million, up $15 million or 11% Year-Over-YearQ3 2024 Net Loss of $(18) million, or (12.1)% of Total Revenue, improved $5 million Year-Over-YearQ3 2024 Adjusted EBITDA of $2.3 million or 1.6% of Total Revenue, increased $9 million Year-Over-Year SAN FRANCISCO, Nov. 04, 2024 (GLOBE NEWSWIRE) -- The RealReal (Nasdaq: REAL)—the world’s largest online marketplace for authenticated, resale luxury goods—today reported financial results for its third quarter ended September 30, 2024. Third quarter 2024 gross merchandis...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch