Scottsdale's flagship consignment company, Eco-Chic Consignments, Inc., known for its commitment to sustainable fashion through its brands My Sister’s Closet, My Sister’s Attic, and Well Suited, is ushering in a new era of leadership and expansion. Ann Siner, the brand's founder and long-term CEO, has announced her retirement and her decision to pass on the reins to new investors and a CEO, poised to drive further growth. According to an interview with the Business Journal, Siner expressed a desire to expand the business into additional markets but felt it was time "to move on for something different."
Siner's quest for a valuation of her company about a year ago quickly transitioned into attracting serious investors eager to take Eco-Chic to new heights. Pine Mountain Ventures LLC and Cielo Ventures LLC are the two firms that will now back the entity. In a move intended to broaden its market presence, Eco-Chic, under new leadership, aims to stretch its current nine-store footprint beyond the Phoenix area, including its sole outpost in Encinitas, California, as reported by ABC15 News.
The newly appointed CEO of Eco-Chic, Janet Walzer, has confirmed the company's focus on strengthening its operation within its home base while also targeting potential expansions across Southern California. During her conversation with the Business Journal, she mentioned particular interest in areas such as San Diego County and Orange County. Walzer brings over two decades of luxury retail experience from her time with prestigious brands like Louis Vuitton and Fendi to the resale space.
Despite shifting ownership, Walzer appears to share the same vision of growth and sustainability that has defined the company over the past three-plus decades, with more than $25 million in annual revenue reflecting the brand’s success. "My entire life, I have always been consigning product or on the treasure hunt to find unique and exceptional pieces at consignment shops or thrift stores," Walzer disclosed in her interview with the Business Journal. While Siner steps back from day-to-day operations, she plans to stay involved with the company to some degree and devote time to personal causes, notably aiding homeless animals and pets—a passion she holds dear.
