Fashion

When John Koryl joined luxury resale platform The RealReal as CEO in February, he hit the ground running. And eight months later, the company’s investor trust was restored. In early November, The RealReal reported its third-quarter earnings for the period ending on September 30, revealing both revenue and profit that exceeded analysts’ expectations. Most notably, its adjusted EBITDA loss had dwindled to $7 million, compared to $28 million in the same quarter last year. The RealReal will reach its goal of profitability by 2024, Koryl said.