A coat developed by a social entrepreneur and designed for homeless people is now a somewhat hot item in the high-end fashion world.
Earlier this month, 23-year-old Veronika Scott told PBS News Hour that she had plans to add a for-profit arm to her non-profit company, The Empowerment Plan, which has donated over 1,000 coats to the homeless since launching in late 2010.
Scott’s foray into the private market comes after she debuted the coats at last year’s Aspen Fashion Week to much fanfare, helping her land a $100,000 investment from the billionaire founder of Spanx, Sara Blakely.
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