Nau Inc. plans to open 10 more retail locations in 2008. Plans for new markets include Los Angeles, San Francisco, Denver, Boston and Bethesda. Second stores will be opened in the existing markets of Seattle and Portland, OR. It currently has four doors in Portland, Bellevue, Boulder and Chicago.
The technical outdoor and lifestyle apparel company, based in Portland, OR, also announced its second round of giving through Partners for Change, a customer-directed program in which Nau gives 5% of every sale to community partner organizations. The company is in the process of distributing $161,000 to its local, national and global community partners, bringing its total giving since the start of business to more than $223,000.
Launched in March 2007, Nau said its unique approach enables customers to participate directly in the giving process by allowing them to choose which nonprofit partner organization will receive Naus donation. Five percent of every sale is allocated in this manner – some 70 times the national average for corporate philanthropy as a percentage of sales. To date, more than 90 percent of customers have consciously engaged in this process rather than selecting the option “Let Nau Decide.”
In addition to Naus retail expansion, the company is continuing to enhance its online experience, including its blog, the Thought Kitchen, and has officially launched its Spring 08 collection.
“Design has enormous power, and were trying to use it to rewrite the rules of business. We approach design as a tool: one we use to shape everything we do, from our companys unique approach to business, to the clothing we make,” explains Chris Van Dyke, CEO of Nau Inc. “Im proud of our journey so far, and am excited to expand our store reach in 08, as well as grow our Partners for Change program and the impact we can have in solving some of the worlds toughest problems.”