CNBC's "Fast Money" cover image

Netflix Streams Higher and an Iconic Brand’s Fall From Grace 7/17/23

CNBC's "Fast Money"

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The Final Trade: Chanel

If you're buying a bust out retail, what are you thinking? Go to RealReal. Ralph Lauren on the 1st of August, I think. 126, Chris can speak to this. 134 has been resistance a bunch of times. It's another channel that they don't have any control for. On the flip side though, it creates a sort of a floor for buyers who want to buy the new Chanel or whatever to know, wow, okay, I can get a lot of money back on this. And I have a long RealReal and it's been a disaster. But I think RealReal is actually a positive for them. So, up next, final trade. Time

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