The Men’s Kloset in Cary offers high-end consignment
07/21/2014 12:00 AM
07/16/2014 1:19 PM
Clay Lowder liked shopping at The Men’s Kloset so much that he bought the whole store last year.
“I was stopping in at least once a week to buy a shirt,” he said. “I love this place.”
The Men’s Kloset, a consignment store, has been in Cary for four years and is unique because it caters to men. Racks are filled with neatly pressed dress shirts, suits and tuxedos, all from high-end designers.
Casual wear, including jeans, khakis and polo shirts, are also available.
“Everything is top notch,” Lowder said. “A lot of it is brand new and still has the tags.”
Prices begin at 35 percent of retail and continue to drop the longer an item stays in the store.
“I recently sold a silk Armani suit that retails for $2,400,” Lowder said. “I sold it for $250.”
Lowder said customers should expect big markdowns on summer clothes through August as inventory shifts to winter wear. Profits are split evenly between the store and the consignors.
The Men’s Kloset accepts gently worn clothing, shoes, belts and ties. Anything that doesn’t sell and is not claimed by the consignor is donated to the military.
“That’s very important to me,” Lowder said.
The store’s location in a small shopping center on Maynard Road has been a deterrent for drop-ins and foot traffic, Lowder said.
“It’s like a hidden secret,” he said. “People don’t know about us.”
Those who do are loyal to the store.
“It’s a destination,” Lowder said. “Many consignors keep an account and use it to buy clothes. Anyone can come in here and find something you want, and it’s all very lightly used.”
Discounts are often offered for first-time customers.
During prom season, Lowder said, some young men chose to purchase a suit rather than pay for a tuxedo rental. The Men’s Kloset does not carry children’s clothes.
Every item has been dry-cleaned and is ready to wear. Lowder said men will often come in and select a shirt to wear to an event that evening.
“It’s already pressed and ready to go,” he said.
Beside a rack of new ties is another stocked with what Lowder calls “experienced ties.”
“Those are my favorites,” he said.
Lowder said his business benefits from people who move.
“People get ready to move and they clean out their closets,” he said.
He estimates that 75 percent of his consignors are women.
“Wives bring in their husbands’ things,” he said. “Men like to hold on to everything.”
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