Our special guest this week is James Reinhart the pioneering CEO of ThredUp, the fast-growing online consignment and thrift store. We learn about James' fascinating journey from teacher to entrepreneur and how his passion drives one of the most successful purpose-driven retail brands. We go deep on the drivers of the re-commerce market, how ThredUp differentiates itself, and the implications of a shift from hyper-growth to more sustainable profitability. We also unpack ThredUp's insight packed annual "Resale Report."
Our special guest this week is James Reinhart the pioneering CEO of ThredUp, the fast-growing online consignment and thrift store. We learn about James' fascinating journey from teacher to entrepreneur and how his passion drives one of the most successful purpose-driven retail brands. We go deep on the drivers of the re-commerce market, how ThredUp differentiates itself, and the implications of a shift from hyper-growth to more sustainable profitability. We also unpack ThredUp's insight packed annual "Resale Report."
As usual, we kick things off with the most important retail news, dissecting Shein's "charm offensive" and how Hims & Hers is exploiting a loophole to pursue GLP-1 market opportunities. Then it's on to the most interesting earnings reports from last week, which include another weak quarter from Target, very strong progress at Marks & Spencer, a bit of preliminary optimism on Macy's new strategy, and yet another solid quarter from TJX.
About James
James Reinhart is the CEO and cofounder of ThredUp, one of the largest online resale platforms for apparel, shoes, and accessories. ThredUp is transforming resale with technology and a mission to inspire the world to think secondhand first. By making it easy to buy and sell secondhand, ThredUp is changing the way people shop and ushering in a more sustainable future for fashion. James’ passion for circularity and the role that education plays in our communities is what drives his vision of reducing the fashion industry’s negative impact on the planet. These values are reflected in his work prior to ThredUp, in which he helped develop one of the nation’s premier public schools, Pacific Collegiate School. James is a graduate of the Harvard Business School and the Harvard Kennedy School where he earned a joint degree in public policy and business. In his free time, he is an avid golfer, cyclist, and whiskey drinker (just not all at the same time). While a proud New Jersey native and diehard Bruce Springsteen fan, he lives with his wife Michele and three children in Oakland, CA.