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The RealReal Housewives of Resale Fashion

The RealReal founder and C.E.O., Julie Wainwright.
The RealReal founder and C.E.O., Julie Wainwright. Photo: Andrew Toth/Getty Images for Vanity Fair
Lauren Sherman
April 24, 2023

The other day in trampoline class—yes, it’s great cardio, happy to tell you about it—my workout buddy, who runs a hedge fund, brought up The RealReal in between dynamic kicks. She noted that there was an increasing interest in the fashion resale site’s debt. While her firm wasn’t gobbling it up, she knew many that were interested in accumulating positions.