Wednesday, March 12, 2008

Bag Borrow or Steal



Bag Borrow or Steal is said to be the Netflix of luxury goods from David Yurman jewelry to Fendi, Chloe, Chanel handbags. You pay a monthly fee, about $20, $50 or $100, and get to “rent” handbags or jewelry and keep them as long as you like. When you’re sick of an item, you mail it back and get a new one. Investors aren’t put off by the mouthful of a name: The company is announcing an $8.25 million round tomorrow. They’ve raised almost $12 million to date.

What are you waiting for - go get that fabulous bag you've always wanted.

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