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Rags To Riches

For consignment clothing entrepreneurs, everything old is profitable again.

This story appears in the May 1998 issue of Business Start-Ups magazine.

Consignment clothing shops used to be ragtag stores where sellers unloaded discarded garments on people who simply couldn't afford to buy brand-new clothing. But today's consignment shops are something new--attractive stores stocked with kindly worn designerwear that looks just like department store merchandise, except for the discount prices.

"[Consignment] stores have become very popular as our society has become more familiar with recycling," says Christine Jobes, vice president of member services for the National Retail Federation in Washington, DC. "[Consumers have also] become very practical about shopping, and [consignment] is just another form of value-oriented shopping."

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