The Business Beat

June 17, 2008

Bag Borrow or Steal

Filed under: Uncategorized — Vicki Salemi @ 12:58 am
Tags: , , , ,

So there’s a little summer flick, maybe you’ve heard of it? While cocktailing women flock to theaters to see Sex and the City: The Movie, there’s no denying this franchise isn’t only successful in its storytelling but its branding as well. Take, for instance Bag Borrow or Steal. This fascinating business concept was dubbed a Netflix for purses and it’s no wonder why: started by two men in America this biz gives users the opportunity to borrow items and you guessed it — return ‘em. And if you try the hangbags, sunglasses or jewels on for size and realize you can’t live without, then it’s time to “steal” — or purchase them. I think this concept is genius: in a time where the economy is down and out, it still gives women the opportunity to feel and look fabulous while having a dash of green initiatives in there as well.

June 5, 2008

Let the games begin

Filed under: Uncategorized — Vicki Salemi @ 2:51 am

While we’re only two months away from center stage in Beijing for the Olympics, on this shore there’s a bigger more pressing story. As the summer heats up, so do the politics. Barack Obama will be the Democratic candidate for presidency so one can only wonder how the upcoming election and new president will impact our economy.

As he clinched the nomination the NY Times reported the following:

A last-minute rush of Democratic superdelegates, as well as the results from the final primaries, in Montana and South Dakota, pushed Mr. Obama over the threshold of winning the 2,118 delegates needed to be nominated at the party’s convention in August. The victory for Mr. Obama, the son of a black Kenyan father and a white Kansan mother, broke racial barriers and represented a remarkable rise for a man who just four years ago served in the Illinois Senate.

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