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The RealReal Bets on Luxury Resale Boom
The RealReal CEO Rati Levesque discusses the growing luxury resale market, where over 80% of Gen Z and millennial shoppers now check secondhand values before purchasing new items. This trend indicates that resale prices are increasingly influencing consumer buying decisions in the luxury fashion sector. The company also highlights that while AI has advanced, human expertise remains essential for authenticating luxury goods.
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