Beverly Hills High School: A Clothing Brand & Budget Solution
If you've got it, flaunt it. That's what the Beverly Hills Unified School District is looking into doing--raising school funds by using their famous name to brand a clothing line instead of the usual PTA bake sale. "Beverly Hills' population has aged," writes Peter Baller at Forbes, "and fewer residents have school-aged children. That's left the 5,300-student district short on community support and unable to raise taxes." Splitting between 60 to 70% with a manufacturer or retailer, the school could raise from $500,000 to several million each year by selling product internationally. Apparently, Asia will be a big market for Beverly Hills branded products.