“Shopping your closet” has been one of the hottest terms thrown around since we were officially declared in a recession, and the Wall Street Journal‘s fashion maven Teri Agins shares the scoop on just how your fellow fashionistas are doing it.

Aside from tailoring your current pieces to jazz them up and selling jewelry you no longer wear (both of which Teri mentions), I’d also suggest tapping your friends to see if any of them need to do a closet purge. If enough people say yes, grab a few bottles of wine and invite everyone over for a chic closet swap party. It’s a fun way to edit your wardrobe, get some new pieces, and kick it with your girls all at the same time!
Adriana
*Photo courtesy of The Wall Street Journal