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                     By Nicole Phelps
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                     It’s the eve of the spring 2026 season, which is stacked with 15 designer debuts, and all of us have questions. Conveniently, The RealReal’s eighth annual report is out today and studying it is a little like reading the fashion tea leaves.
                     <br/>
                     <br/>
                     The day Jonathan Anderson’s Loewe departure was announced, searches for the brand skyrocketed 488%, and Demna’s Balenciaga for Gucci swap sent searches on his name up 310% in a single day. When Donatella Versace’s exit was announced, in contrast, it prompted a 13% lift, and Glenn Martens appointment at Maison Margiela produced only a 7% increase in searches. Meanwhile, brands with no recent or upcoming creative changes are making their own impressive numbers: Coach searches are up 160%, Ferragamo has risen 129%, and Pucci is tracking 110% higher than last year. But there’s more to the report than which brands are winning, and which are losing. Read my interview with The RealReal’s Chief Creative Officer Kristen Naiman.
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                        Inside The RealReal’s 2025 Resale Report With the Brand’s Chief Creative Officer Kristen Naiman
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