Being well-dressed in the latest styles is indispensable for creating the right impression anywhere you go–whether it is presenting to prestigious clients, a party with social media coverage, or a family event. When your wallet (and closet space!) can stretch only so far, you need to come up with more creative solutions. Renting clothes, shoes, bags, accessories, and other items instead of purchasing them might just be the answer.
The Rental Fashion Industry is Growing Quickly
It will interest you to know that in the years between 2021 to 2021, the online rental fashion industry is expected to grow by $990 million, which translates into a CAпGR of an astounding 9.66%. From the consumer’s point of view, you can take your pick of the trendiest of apparel available at prices at a fraction of the cost of buying them. While you might pay anywhere upward of $500 for a new dress, a rental could cost you just around $50. You’ll keep the dress for a short time and wear it as many times as you want. When you’re done with it, return it to the store, and get back the token deposit.
Renting Clothing Multiplies Your Closet Space
Think of the online rental website as your virtual wardrobe. Each time an event comes up, you can scan through the extensive catalogs and pick out the fashion you like. Using the size guide, you’ll order the clothes appropriate for the occasion and have them delivered to your doorstep. Whatever may be the event, you’re sure to find something just right.
Whether it is wedding guest dresses, business suits, cocktail gowns, or just something pretty for a casual luncheon with friends, you could order a couple of dresses without worrying about bad buys or buyer’s remorse. Or, the possibility that the outfit will look hideous on you. You can always return it for something that looks perfect. You’ll never repeat another outfit because your wardrobe now has an immense number of possibilities.
Eliminate the Need for Dry Cleaning Costs and Storage
In today’s fast-paced lifestyle, maintaining clothing is a challenging task, not to mention the rising costs of dry cleaning. Further, storing expensive couture needs a moisture-free environment with packaging protected from dust and dirt. You can stop worrying about preserving your apparel when you can send it back and order something different. While you’re at it, free up all that closet space and save on the cost of maintenance.
Changing Trends Lead to a Lot of Wastage
Fashion trends change quickly and every season, top designers and couturiers show off a new range of apparel on the runways. As a fashionista, keeping up with changing styles can put a serious dent in your bank balance. Purchasing new clothes every season is just not a practical option. Then again, there’s always the chance that your dress sizes change because of, say, pregnancy or medical issues. You can now get around the problem of not having anything to wear even though your closet is bursting at the seams. Rent clothing according to the sizes you need at present without worrying about wastage a couple of months down the line.
The option of renting clothes instead of purchasing them is incredibly convenient. You’ll free up closet space and look trendy and well-dressed each time you step out, not to mention lowering your carbon footprint. Best of all? You can experiment with new styles you haven’t tried before in the comfort of your home. Rent the apparel you need and make a style statement each time you step out.
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Anika Sachdev is a freelance writer, who writes about fashion and lifestyle. She is currently pursuing her diploma in Fashion Design from iNIFD. She enjoys styling, making fashion illustrations and is a big fan of the work of Coco Chanel. Based in Mumbai, she likes to draw and listen to Bollywood music in her free time. For any questions, feedback or concerns, please email [email protected]