Nau, a Company Ahead of its Time
- added May 8, 2008
- 1 response
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- benjaminV
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- Art and Style (7142)
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This is really sad.
I am from Portland, and the city took a hit this past week with Nau's closing. It was such a bright, smart, hip idea. Really high quality clothing designed by some of the most talented, stylish people in the business. Sustainable practices were thorough and significant. 5% of sales (!) were donated to charity. No one working at Nau, executives included, made more than 12 times more than the lowest paid worker. It was these kind of innovative ideas that shaped the company.
They lost their investors at this downturn in our economy, which is terrible, because we need companies like this more than ever! Their website may still have some clothing left. Hurry. It's going fast, and will soon be a collector's item. :(
I am from Portland, and the city took a hit this past week with Nau's closing. It was such a bright, smart, hip idea. Really high quality clothing designed by some of the most talented, stylish people in the business. Sustainable practices were thorough and significant. 5% of sales (!) were donated to charity. No one working at Nau, executives included, made more than 12 times more than the lowest paid worker. It was these kind of innovative ideas that shaped the company.
They lost their investors at this downturn in our economy, which is terrible, because we need companies like this more than ever! Their website may still have some clothing left. Hurry. It's going fast, and will soon be a collector's item. :(
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