By  on November 29, 2013

LONDON — According to Ambre Dahan, co-founder of Walk in My Closet, there is an estimated 148 billion euros, or $201 million, worth of unworn clothes languishing in closets around the world – and she wants to sell them.

Dahan says that of the 212 billion euros, or $288 billion, spent on luxury goods in 2012, just 30 percent of items will be worn one year after purchase.

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