What to do with old suits?
I recently got a job at a decent size hedge fund ~5b AUM and have quickly realized that I no longer need my suits. Often days I'll go to the office wearing jeans and a polo, or just a sport shirt, hell my boss wears t-shirts on occasion. I've found I only need my suits when it comes to client meetings and some analyst meetings/conference. '
So here is the question:
What do all you fellow hf guys who came from IBD and have tons of suits/dress shirts/shoes do with all the unused clothes? Is this type of dress common for HFs?
I'm strongly considering giving away most of my clothes to charities. Its the holidays, maybe WSO can do a charity event where ex sell-side guys give suits they don't need.
Isn't there some kind of charity that gives people suits for job interviews? Maybe look into that.
I think deutsche is talking about CareerGear: http://www.careergear.org/get-involved/donate-clothing/
If you're not feeling too charitable, you could also try selling it to thrift stores. There are upper-scale thrift stores that will pay you some money for lightly used clothing. Don't know where you're located though, so can't help you with that
I donate a lot of clothing to the Goodwill and do a tax write-off (or you could use any other charity that accepts clothing).
Keep it. You never know when you'll need it.
I am permanently behind on PMs, it's not personal.
Seeking advice regarding old suits (Originally Posted: 08/23/2012)
My father recently offered to give me some of his old suits. He has amassed quite the wardrobe over his long career and since he doesn't wear a lot of the suits I was thinking "why not?" and taking him up on the offer. We have similar builds and proportions - though I would probably not be able to wear them as is and would need to take a little out from the waist.
What do people think? Is this a smart decision (save a little bit of money that would be used for buying suits) or would people advise against this?
I will have a better idea of what is available this weekend when I go back home (I am currently living in an apartment with roommates) over the weekend, but if memory serves my father has a ton of Gieves & Hawkes and other English suits. He also has some Italian makers such as Brioni, etc.
At present, my wardrobe consists mainly of Paul Stuart.
Thank you in advance for any advice you can provide me with.
Most useless post I have ever seen. Dad offers to give you a large wardrobe of suits and you come to WSO to ask if that's OK? Take the suits, use the ones that fit well / you can afford to tailor to fit well. I don't understand how this is a question...
Hi, I apologize if I was unclear in my original post. The reason I asked the question was because it was unclear to me if such suits would be appropriate for me to wear. I'm still relatively junior and my firm's culture is more on the conservative side.
I also see a lot of conflicting posts, with some users who believe "it does not matter, you can wear whatever you like." While others are of the opinion that junior bankers who wear nice clothing will draw attention to themselves in a bad way.
we only wear navy blue and grey
If it fits wear it as long as the suit are still in good shape. Even if it doesn't fit you can get them tailored. Just don't be rocking out the 3-piece.
I say why not? A worn out Brioni >>> A brand new Jos A Bank
Absolutely yes. If you dont want them send them to me. As long as they arent totally beat to hell and as long as you can find a very good tailor to make them fit then wearing vintage Brioni is pretty freaking awesome.
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