Everlane, an online fashion retailer focused on transparency and cutting out the middle man, is now offering an innovative name-your-own-price sale to clear overstock.

Everlane, an online fashion retailer focused on transparency and cutting out the middle man, is now offering an innovative name-your-own-price sale to clear overstock. Three prices are being offered for each sale item with the cheapest price covering producing and shipping costs, the middle price covering those costs as well as staff overhead, and the most expensive price allowing Everlane to make a profit. The promotion continues the site’s mission to show the true costs of creating and selling high quality clothing. (Quartz)