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Article: Designer Handbags Go Green.
- Article from:
- Business Wire
- Article date:
- March 21, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ST. PAUL, Minn. -- Frombagstoriches.com, the Minnesota-based handbag rental emporium, formally announced the planned rollout of this Internet retailer's phase II plans with the launch of bagbanco.com.
The BagBanco website will link buyers, sellers and women who may want to exchange or redeem their designer handbags in order to "green" their handbag investment. Kara Richter, CEO of From Bags To Riches, states, "Most women who buy designer handbags have an average of 15-30 bags sitting in their closet collecting dust. Like many luxury products a designer handbag is a good investment. They retain a large portion of their initial purchase price. This new service will ...