In this week’s ‘Summer of Transformation’ series, let’s discuss how your current wardrobe can make you money! If you missed the start of the series, you can find the link here for a recap. I hope you’ve bought a new notebook and created your vision boards on Instagram or Pinterest.
Now, let’s get back to making you some money.
Today, we’ll discuss the process of decluttering and how it can bring you some extra cash. You may not be aware, but some stores now accept your old, gently worn pieces in exchange for store credits, which can be better than consignment shops. In an effort to be more sustainable, more brands are choosing to buy back previously used items.
The advantage here is that if you have items from one store and you love to shop there, it’s great that you could bring them back and get a credit to buy something you love. So, it’s a quicker turnaround than a consignment shop or thredUP that takes months to get your money.
Now is the time to focus on your spring-summer wardrobe, as consignment shops and clothing resale companies prefer to sell current-season items.
So here is the good news: Select stores are choosing to be more sustainable and now buy back their brand clothes. Yes, you can now sell back gently worn items to the brand you purchase.
For example, Coach now offers a service to trade in a good-condition bag for store credit, and M.M.Lafluer also buys back its clothes for store credit.
Please note that you must review the guidelines carefully and understand that each store differs. It depends on the condition of your item and how long you’ve had it. So, be sure to read your guidelines first.
Here’s a list of current US brands offering this option. For my readers outside of the US, check out your favorite brands as they may offer similar programs in your country.
M.M. Lafluer https://mmlafleur.archiveresale.co/sellOptions
Coach https://uk.coach.com/support/coach-reloved
Eileen Fisher Renew
Athelta Prevloved https://www.eileenfisherrenew.com/pages/learn-more#:~:text=Bring%20your%20EILEEN%20FISHER%20clothes,matter%20what%20condition%20it’s%20in.
Levi’sTrade in https://www.secondhand.levi.com/trade-in
Lululemon Like New Trade: https://likenew.lululemon.com/pages/tradein
Note: Some stores, like Madewell, collaborate with Thredup.
So now review your closet, and ensure any items you know you will not wear this summer are in good condition. Check the brand’s website for keywords: Reloved, Resell, Trade in, and Second Love; brands all use their own terminology.
These are great options to use when you don’t have enough clothes for a resell option like Thredup. It’s a quicker turnaround, and you can buy something new. Please be sure to clean up the item and bring it in nice and neat; it will make a difference in how you present it.
One last bonus: whenever you shop, always check your credit cards. They offer great deals for particular brands, giving you double cash back or extra points.
So, here’s the deal: You have a project for the week that can bring you some extra cash. Remember, money is energy, and when you appreciate it from all sources, more will come.
If you have used these services, please share your experience. I’d love to know how it worked out.
If you know of any other stores that are not listed, hit reply and let me know.
PS- Also, I would love to hear your experience if you have tried out this process.