Core Insights - The RealReal has developed the Athena system to enhance the validation process for goods submitted for resale, significantly reducing the time required to list items for sale [1] Company Summary - The RealReal's Athena system streamlines the resale process by validating goods more efficiently, which is expected to improve operational efficiency and customer satisfaction [1]

Sales Performance - LVMH sales experienced a decline [1] - Shoppers reduced spending on luxury items like Louis Vuitton bags and Dior jackets [1] - The luxury sector, particularly LVMH, is still experiencing a post-pandemic slump [1]