Tuesday, May 6, 2008

sense of loss


last night I discovered some sad news. My favorite retail company based out of Portland, OR called NAU filed for bankruptcy on Thursday.

About a year ago I was walking around the 29th Street Mall in Boulder, CO. I was soaking in the sunlight, breathing fresh air, and feeling genuinely happy about life. I passed an interesting looking store which was slated to open in a few days.

So naturally I went back. It was heaven. I have always been an outdoor clothes girl, I am a Boulderite of course. This left me less than fashionable. NAU transcended this and became known to enthusiasts as "patagonia meets prada". Their clothes made me feel like a million bucks. To top it of everything was organic or recyclable. Closed loop recyclable polyester, organic cotton, exquisite styling, neutral and wearable colors. The people they employed were a tribute to their company. Living breathing testimonies to living a clean, organic life with an emphasis on enjoying the outdoors. The business practices of NAU were unusual as 5% of your purchase went to a non-profit of your choice. During their first year of business, NAU donated nearly a quarter of a million dollars to charities. In addition, the highest paid staff member of NAU could not make more than 12 times that of the lowest paid. Being that the lowest paid staff member was only making 10 dollars an hour, the highest couldn't make more than 250,000k per year. Which may seem like a lot, but PALES in comparison to that of what a CEO at Nike makes (upwards of 5 million dollars a year, with the lowest staff member making 8 dollars an hour).

I was a NAU posterchild, and nearly 90 percent of my wardrobe became exclusively NAU. Now, I have a reason to branch out. But what I find most frightening, is that such a business model challenges the very way in which an organization functions, and became a mirror for many new business. If a business founded on sound principles cannot make it, that is sorely disappointing.

All I can say, is that NAU was a testament to the things that are good in the world, especially when it comes to positive business practices. Someday another sustainable clothing company will make it, but in the mean time, this is a sad day for sustainable retail.

2 comments:

Fairway Fairy said...

Hi-
I love Nau too and have a number of their jackets. But I never bought pants, because I didn't know my size (whether they ran large or small, or what. You know how a size 8 is sometimes an 8 and sometimes a 4 and sometimes a 10? Can you tell me your experience, if you bought pants or jeans? I was trying to email you instead of comment, but couldnt find an email address. thanks!

Fairway Fairy said...

Thanks Mak(enna) for your note. I had been concerned about that. Oh well... take care.