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Marketplace Morning Report

An artist in residence (she can afford)

Jun 24, 2019

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Marketplace
The RealReal CEO Julie Wainwright isn’t afraid of growing too fast

The RealReal CEO Julie Wainwright isn’t afraid of growing too fast

Oct 17, 2018
Used luxury goods are a big market.
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Would you buy a used luxury brand handbag? Maybe a watch or some shoes? Think Gucci, Chanel, Louis Vuitton, to name just a few. Julie Wainwright, CEO of The RealReal, knows pre-owned luxury goods are a big market, which led her to start her company. “We should be over a billion [dollars in sales] next year if we do our job right,” Wainwright told us during a tour of her e-commerce center in Secaucus, New Jersey.

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