Everlane: The Online Clothing Retailer With Nothing To Hide

The Unconventionals

Think about your favorite piece of clothing. You probably know what you paid for it, but do you know how much it cost to produce it? The tag may tell you what country it was made in, but do you know exactly where? If you shopped with online clothing retailer Everlane, you’d know these details.

Typically, the fashion industry keeps the difference between production costs and retail price under wraps. But Everlane is driven by the mission of “radical transparency,” and will openly tell you anything about pricing, and supply chains, factories, and employee policies, too. In fact, the only thing they keep secret is revenue, but that’s just for competitive purposes.

In this episode, we visit Founder Michael Preysman at Everlane’s San Francisco headquarters. He talks about how higher price doesn’t always mean higher quality — and how the domino effect of being transparent is helping Everlane do the right thing and build a coveted clothing brand.

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