SAN FRANCISCO – Luxury consignment company The RealReal celebrated yesterday’s National Consignment Day by launching various new initiatives that will promote fashion resale and combat apparel waste.
“It’s time to get real about the future of fashion. If the industry continues on its current trajectory, its share of the world’s carbon footprint could jump to 26 per cent by 2050 and it will miss the 1.5oC pathway laid out by the Paris Climate Accord by more than 50 per cent,” said Julie Wainwright, the firm’s founder and CEO.
“Recirculating just one in five items would put the industry on track to achieve that goal. Consigning is something everyone can do to make a difference.”