2kids
Ha, I do accumulate clothes and don't have a "one in, one out" policy. Although I wish I did! I tend to buy clothes that I love, they aren't necessarily "fashion" but I pick clothes that have some style, detail and are a colour that suits me. Because I have lots of clothes, I don't really wear them out (with the exception of everyday jumpers which have had a lot of wear) as skirts don't really wear out, coats don't wear out when you have quite a few etc. Same for summer dresses, skirts, tops and sandals.
Also because I love nearly all my clothes for style, colour and detail I see them as more than just tops n' trousers to keep me warm, kind of thing. My friends and family do say I dress nicely, there's no designer labels though except for the odd handbag I've had as a gift.
No walk-in wardrobe either! It is separated into summer and winter. I put the out of season items in storage in the house. I'm not sure what I'd do if we didn't have storage space, my wardrobe is stuffed with current cold-weather stuff as it is, there is not the physical space for any summer stuff!
Sometimes I do wish I had a totally pared down wardrobe but I know I would want to just "add a bit" here and there and I would be back to square one, I'm a clothes collector really!