Luxury fashion consignor The RealReal said its chief executive Julie Wainwright is stepping down, becoming the latest online retailer to replace its founder at a time of upheaval in the shopping industry
Resellers of designer clothing and apparel say there’s no reason to be closeted about buying and selling pre-owned luxury wearables. The RealReal consignment company is cashing in on the trend. Photo: Lydia Randall/WSJ Luxury consignor The RealReal Inc. said its chief executive is stepping down Tuesday, becoming the latest online retailer to replace its founder at a time of upheaval in the shopping industry.
Julie Wainwright, who founded the company in 2011 and has since led the online marketplace, is also resigning as board chair and member of The RealReal’s board. The changes are effective immediately. Ms. Wainwright will continue to serve in an advisory role through the end of this year.
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