SAN FRANCISCO, Nov. 21, 2016 /PRNewswire/ -- The RealReal today announced its membership to the Ellen MacArthur Foundation's Circular Economy 100 USA (CE100.) As the first sustainable luxury consignment company to join the CE100, The RealReal will be sharing its experience, expertise and voice to drive circular economy initiatives forward in the U.S. through the Foundation, and with its members and partners.
The circular economy promotes greater resource productivity and new economic opportunities arising from better-designed products, business models, and customer experiences. The CE100 USA brings together corporations, governments and cities, academic institutions, emerging innovators and affiliates to advance knowledge and collaborate on key initiatives.
The RealReal is a leader in the circular economy of personal luxury goods and an innovator in sustainable luxury. The company is changing how people think about and own luxury goods by offering an easy way to regenerate and give new life to their items of value.
"The RealReal provides a great example of the extra value that can be created through innovative circular economy business models and we're excited to help them and others further scale these opportunities within the CE100 program," Chris Guenther, CE100 USA Lead.
"As a sustainable luxury company, we are honored to be joining the CE100 USA and look forward to working alongside businesses across all sectors to forward the message and mission of building companies that are sustainable by design," said The RealReal CEO and Founder Julie Wainwright.
For more information: https://www.therealreal.com/sustainability/
About The RealReal
The RealReal is a leader in the circular economy and an innovator in sustainable luxury. The consignment company has independently changed how people think about their luxury goods. The company has the largest selection of pre-owned authenticated luxury items including women's and men's fashion, fine jewelry & watches, and fine art & home. Consignors earn more than with other resellers, and items sell quickly. The RealReal's free in-home pickup service is available in all major U.S. cities. Its fine jewelry & watch valuation offices offer free valuations from professional gemologists. To learn more about The RealReal, visit www.therealreal.com.
SOURCE The RealReal