By Abha Bhattarai
Washington Post
February 15, 2013
The search for a used Chanel bag led Elise Whang out of her job as an attorney and into a new career as co-founder of Snob Swap, a Web site that allows users to buy, sell and swap pre-owned designer goods.
Whang was pregnant with her second child when she had the idea for an online consignment shop. She decided to quit her job at the Federal Trade Commission to start Snob Swap with her sister.
“I got a little tired of chasing the mythical work-life balance,” said Whang, 37. “I just thought, it’s time for a change. I was tired of that flea-market feel of consignment sites. And I was also tired of half the stuff in my closet.”
Click the link to read the entire article which includes a quote from Milton Pedraza, CEO of Luxury Institute:
http://www.washingtonpost.com/business/capitalbusiness/consignment-site-helps-snobs-swap-high-end-goods/2013/02/15/c2d429c4-749f-11e2-aa12-e6cf1d31106b_story.html