By now, we're all well aware that our economy is in the toilet. Well all of us, that is, except for ASOS, who reported a 95% increase in sales this past June. And they aren't stopping there either. The online store announced plans to beef up their site with, as well as several other minor improvements, a second-hand goods market place for shoppers to buy and trade their vintage and used items. That's right, the people who brought you "as seen on stars" want to be your new online vintage boutique. And that's not all - eventually other small boutiques and labels will be able to upload their products directly onto the site allowing all ASOS customers to purchase their unique duds. We're wondering if this means they'll stop sketching out whatever Miu Miu or YSL Kirsten Dunst sports on the red carpet and start selling the designers' vintage items for less, because that would be awesome. Either way, ASOS just made digging through a dingy thrift store sound a whole lot more archaic. They could just be our new favorite site. --HAYLEY PHELAN
Nasty Gal's Sophia Amoruso on 'Staying Cool While You Get Big'
No question about it, Nasty Gal, the online retailer that caters to a specific set of 20-something girls (think: Rihanna-loving, crop top and Lita-wearing party girls), has blown up over the past year. What started as an one-woman eBay vintage shop in 2006 has turned into a company that reportedly generates $100 million in sales annually and has just under 300 employees. The woman behind it all is 28-year-old Sophia Amoruso. And she's gotten to where she is today partly by doing something all of us do--using social media. We caught up with Amoruso earlier this week at an it-girl filled dinner (Alexandra Richards, Emily Weiss, Mia Moretti, etc., were all in attendance) to celebrate the launch of Nasty Gal shoes, Shoe Cult. She let us pick her brain about how she got started, her latest big hire, and the challenges she's struggling with now that Nasty Gal has exploded.