Word: retailing
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...loft-like Greenwich Village space that once housed her late husband's studio. Urban Zen Foundation is Karan's new philanthropic venture that hopes to raise awareness and inspire change in the areas of advancing well-being, empowering children and preserving cultures. Alongside the Foundation is Karan's new retail concept, Urban Zen, where she sells a mix of her own creations and objects she has culled on trips around the world. Karan took some time out from New York fashion week to talk to Kate Betts about the mission behind her foundation and her drive to create...
...where philanthropy and commerce come together. It's conscious retailing. To be able to realize that if you purchase something you're making a difference in someone's life. And we don't just sell clothing, but also objects, jewelry, furniture, and lifestyle products. I think it's a new paradigm in retail because it's not about a season. The stuff we sell is timeless. It's not really fashion in that sense. It's clothes that feel really good that you can wear anywhere and for the rest of your life. A percentage of all the sales...
...change the theme. One day it's children, one day it's Africa, sometimes it's furniture or it's art. Because it's so small we can celebrate many different thing. It's like a journey because it takes you away from the mundane idea of what is retail...
...This spike in consignment popularity comes in the midst of a brutal shakedown of the retail industry. The Associated Press reported last week that the retail industry cut 45,100 jobs in January following 14 consecutive months of job losses...
...Donations have been steady, and Boomerang’s has benefited from the overstock left by abysmal retail sales that have forced stores to close...