Word: thrift
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...nonprofit takes donations of luxury clothing and accessories, sells them online, and gives the proceeds to charities. Founded by Yifan Zhang ’10 last spring, Styleta now has branches at Binghamton University, Indiana University, and NYU. “I wanted to revolutionize the traditional charity thrift store by focusing on designer clothing and making it available to more people at lower prices online,” said Zhang...
Zhang, an economics concentrator, came up with the idea for Styleta after attending a Women In Business event that focused on bringing the sample sale industry online. She decided she wanted to bring the thrift store concept online as well...
...wanted to revolutionize the charity thrift store with a focus on designer clothing that can sell for very low prices and really make a profit and make a difference,” Zhang said...
More subtly, Identities makes the Asian-American experience an undercurrent to multiple segments of the show. The clothes are from a broad spectrum of sources: student designers, local thrift stores, Harvard Square and Boston boutiques, and national brands that are not necessarily connected to the minority community...
...that? Well, focusing on demand is a tricky thing to do. For decades, the economy's engine of demand has been American consumers - a population now overindebted, underemployed and endowed with a newfound sense of thrift. The explosion in credit-card and home-mortgage debt before the recession tells us the demand that was there was never sustainable. This is why the President now talks about doubling exports over the next five years and the importance of passing trade agreements with countries like South Korea, Panama and Colombia. If we can't sell to ourselves, there is at least partial...