Turning Dead Stock into Financial Opportunity

Turning Dead Stock into Financial Opportunity

Fast fashion might not immediately come to mind when thinking about sustainability, but Queen of Raw founder Stephanie Benedetto would tell you otherwise. She works with this category, as well top luxury players and many other brands to turn dead stock into a financial opportunity that reduces the fashion industry’s negative impact on the environment.

Highlights:

  • An innovative model that converts a sunk cost into a financial opportunity
  • Why it’s a mistake to think that sustainability has to cost more
  • The bright side of Trump’s trade war (that could reduce the fashion world’s negative impact on the environment)
About Our Guest

Stephanie Benedetto

Corporate attorney turned fashion tech and sustainability entrepreneur, Stephanie Benedetto is the Co-Founder of Queen of Raw, a marketplace to buy and sell unused textiles, keeping them out of landfills and turning pollution into profit.

Prior to starting Queen of Raw, Stephanie worked as a lawyer in the fashion, media/entertainment, start-up, and technology industries and co-founded a sustainable textile manufacturing facility.

An advocate for women in business and sustainability, her companies have been featured in NPR, Good Morning America, NYTimes, Vogue, WWD, ELLE, Cheddar, Parade, WCBS, United Nations, Fortune, Entrepreneur, WIRED, Ellen MacArthur Foundation, and Fast Company.

Stephanie is a NASA/NIKE/IKEA/DELL LAUNCH.org Innovator, a Grand Prize WeWork Creator Awards Winner presented by Ashton Kutcher, an MIT – Solve Global Challenge Winner, a thredUP Circular Fashion Fund Recipient, was nominated as a Founder to Watch by Women 2.0, and was a Finalist for the WGSN Global Fashion Awards, Rent the Runway/UBS Project Entrepreneur, and the $1M Verizon Powerful Answers Award. She is a Member of Pledge 1% and Founding Member of Wildlife Friendly Enterprise Network, along with Aveda, Kering, and Stella McCartney. 


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