If you haven’t heard of Everlane by now, it’s definitely time to change that. This San Francisco based brand is changing the game when it comes to the retail industry and we think you’re going to like it.
Founded in 2010 by 25 year old Michael Preysman; Everlane was established with the philosophy “Less is more”. By remaining exclusively online, Everlane has eliminated the middlemen that jack up cost, and found a way to delivery top quality products without breaking the bank. Pieces that usually cost $50 dollars are now available to you for a mere $15. So how does Everlane do it? Let’s take a look.
Everlane’s headquarters located in the Mission District of SF, houses not only the design team, but also the production, sourcing, marketing, engineering, and operation team. By having everything in-house, Everlane can cut costs and develop a company that is almost completely vertically integrated. In addition, Everlane establishes strong relationships with their production factories, monitoring weekly to ensure top quality and integrity.
What many people don’t understand is that the retail cost of a high quality product is expensive not because of the materials being used or the brand on the label but because of all the additional markups the product goes through. For most products, it begins with a design team, then is sent to people who source the materials, then a factory, then to a distributor, and then eventually to a retailer. With all these additional steps in between design and retail, the price can be increased up to eight times! Everlane has completely eliminated this. Their transparent step-by-step guide explains to their customers the true cost of items, and then reveals Everlane’s single markup.
Everlane carries top quality men and women’s apparel, shoes, and accessories. Their classic and minimalistic style ensures tasteful pieces that appear chic in an effortless way. Featured in many well known newspapers and magazines such as New York Times, GQ, Glamour, and Style.com, Everlane pushes the boundaries to ensure customers get what they deserve.
“We challenge the status quo-always asking why.”