103 Jeremy Cai | Drop Out Entrepreneurship

Keeping on with our Forbes 30 Under 30 series, today I got to chat with Jeremy Cai.

Jeremy is the founder of Italic, an online retailer that sells luxury goods without the brand names -- or the corresponding markup. Instead, the company designs its own products and then taps the same manufacturers used by high-end labels like Alexander Wang, Burberry and Prada to spin out brandless versions. The manufacturer sets the price and splits the profits with Italic. Italic sells 100 products, ranging from cashmere sweaters to leather wallets to 400 thread-count sheets, with plans to double its assortment by 2020. It raised $13 million in funding in November 2018.

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