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Rags To Riches

For consignment clothing entrepreneurs, everything old is profitable again.

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

shops used to be ragtag stores wheresellers unloaded discarded garments on people who simplycouldn't afford to buy brand-new clothing. But today'sconsignment shops are something new--attractive stores stocked withkindly worn designerwear that looks just like department storemerchandise, except for the discount prices.

"[Consignment] stores have become very popular as oursociety has become more familiar with recycling," saysChristine Jobes, vice president of member services for the NationalRetail Federation in , DC. "[Consumers have also]become very practical about shopping, and [consignment] is justanother form of value-oriented shopping."

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