Montclair Magazine Holiday 2019 | Page 30

shopping Retail, Meet Resale Everything old is new again in these recommerce hot spots WRITTEN BY MELANIE ANZIDEI W 28 HOLIDAY 2019 MONTCLAIR MAGAZINE SWANKYCO Melissa Warren with Bella and Joey CEDAR GROVE/SWANKYCO.COM This online boutique was founded by Cedar Grove mom Melissa Warren, a former New York City real estate broker. She launched the consignment store earlier this year, after realizing the need for a resale shop for children’s wear. She says her children were barely wearing their clothes before outgrowing them, and she realized other local parents experienced a similar problem. “Circular fashion is truly the future, and anyone in the know is already contributing to the movement, especially the already-ahead-of-the-curve Montclair moms and dads,” Warren says. Swankyco is focused exclusively on new and like-new kids clothing, footwear and accessories. The company offers a range of brands, from high end fashion like Gucci and Dolce & Gabbana to staples like Ralph Lauren and Splendid. For some items, prices are reduced by as much as 90 percent off the original retail value. The shop isn’t only for used clothing, either. It also features small shops and custom outfits, like the kind featured on Etsy. The shop operates as a consignment, and only accepts high quality designer items. hether fueled by Marie Kondo’s message to get rid of items that don’t “spark joy,” or by home-buyers downsizing in today’s expensive housing market, the resale world is experiencing a boom. Recommerce — the reselling of previously worn clothing and used goods — is one of the fastest growing categories in clothing retail, and experts anticipate the trend will only continue upwards. Every year, the fashion online thrift store thred- UP releases a Resale Report that looks at the state of the resale market. This year, the company’s co- founder and chief executive James Reinhart point- edly stated that: “Resale is on the move, people! “From big retailers to small retailers, seed stage investors to large buyout firms, and from The New York Times to Netflix, everyone seems to be talking about the future of resale,” he said. And who’s driving this growth? Millennials and Gen Z shoppers. Other experts who keep a close eye on the retail world are also taking notice of resale’s climbing trajectory. Coresight Research, which collects data-driven insights on retail and technology, predicted at the beginning of 2019 that consumers would shop more consciously, and trends like recommerce would seep into more retail sectors. They were right. Big-name retailers, like Macy’s and JC Penny, have begun partnering with companies like thred- UP to bring used clothes to the forefront, opting to sell used items at department stores and malls. At the local level, small businesses are posi- tioned to benefit from this trend. Earlier this year, shops nationwide were inundated with donations citing the “Kondo effect” — named after the decluttering guru whose Netflix show, Tidying Up With Marie Kondo,” inspired countless people to rid themselves of used clothes and goods. If you’re itching to jump on the resale band- wagon, here is a round-up of Montclair-area shops, both brick-and-mortar and online, where you may find a hidden gem or two.