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RAW VIDEO: Dutch Duo Peddle Old Bikes as Fashion, Furniture

Two Dutch entrepreneurs have found a novel way of making money out of the glut of thousands of bicycles abandoned in the Netherlands each year by turning them into designer fashion items and furniture. Industrial design student Lodewijk Bosman, 25, and Hidde van der Straaten, 28, founded "The Upcycle" in university city Delft in January 2012 to exploit a typically Dutch problem.