Reese learned to sew beside her mother and, after graduating Parsons in 1984, worked under Martine Sitbon and became head of the Women's Portfolio at Perry Ellis before going solo. The label grew to span ready-to-wear, resort and home, with the more affordable Plenty (2000) and Frock! (2006) lines and a Black Label from 2009, carried by Bergdorf Goodman, Neiman Marcus, Anthropologie and Nordstrom.
A CFDA board member since 2007, Reese counts First Lady Michelle Obama among her clients — who wore a custom Tracy Reese dress for her 2012 DNC Convention speech.