Sharon Prince is the president and chair of the Grace Farms Foundation, and she believes in the power of hopeful spaces. The foundation recently opened up one of these kinds of spaces in Fairfield County, Connecticut. The beautiful natural area was put together by a group of artists and naturalists, and Prince has been the key factor to pushing the efforts forward. It just took three years for her to help create a natural space where nature is restored. On the grounds of the hopeful space is the River Building where leaders in the community can meet to talk about some of the most important issues in society today.
Sharon Prince recently commented that the programs that Grace Farms Foundation runs have become an inspiring force for change. She went on to talk about how passion and dedication have been two key factors that have driven the work of the group. More and more community leaders are looking to people like Prince to help them figure out what direction to take, and Prince is not disappointing them as she continues to shed light on many of the most important issues of the day.
Sharon Prince Grace Farms has been a driving force for the Grace Farms Foundation for many years. Her visionary approach has helped to create a public space where people can come together to work towards solutions for some of the world’s greatest issues. Prince has continuously helped to change the way that people think by working with the foundation. She has also done a lot to help bring attention to human trafficking, child exploitation, and the violence that women have to deal with on a daily basis. She recently served as a co-host for the “Fighting Human Trafficking in Conflict” symposium at the United Nations and is also working on a global campaign to end modern day slavery.
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The Realreal is a lucrative, San Francisco based company that focuses on authenticated high-end items such as clothes and jewelry for men and women. They have recently acquired 50 million dollars in growth funding from the private equity funding firm, Great Hill Partners. The Realreal employs over 800 people and is setting out to increase their physical stores to generate more revenue. They have already opened stores in San Francisco, New York, L.A and Chicago where consignors can have their items evaluated in person. 80 percent of the shoppers on their site are women, and men buy mostly watches and leather. For every 4 buyers, one is a consignor and half of all the consignors end up buying products on the site.
Realreal recently had a valuation at 1 billion dollars and have started focusing on yearly emails to customers explaining how much money they have saved and how their shopping habits with them have decreased their carbon footprint. They get full reports on how much money they saved by renting or buying something pre-owned. They also get data on how much water and gas they saved by buying something that was already made rather than buying something that was brand new. These tools are increasing customer retention and keeping them loyal to the company. In these reports, they also include levels of green house gas emissions saved and over all energy saved. The mail goal of these tools is to increase customer awareness and the impacts certain decisions have on the Earth. Their customers have directly told them that the environmental factors are what keeps them loyal to the company, and for the first time they are beginning to quantify those impacts and communicate them to their consumers.
Consigning can be fun, and Realreal makes it less time consuming by offering already authenticated items, and providing customers with in depth knowledge on their choices and what impact those choices have.