January is a time to ring in the new and get rid of the old, especially with regard to one's wardrobe. As we prepare to hibernate until spring's welcome, the time to think about wardrobe essentials is now. And with 20-50% off our fall and winter collection's for men and women, it's the perfect time to select those essential pieces you'll wear now until spring.

For him, warm sweaters perfect for layering with a sport coat or suit exude elegance. Here, we've layered cashmere sweaters from Theory, normally $285 and now marked down to $175, as a way to elevate the look of tailored sport coats. Hugo Boss windowpane check, $545-408; Sand navy blue tweed $630-$450.

Sophisticated shirts from Zachary Prell made in an array of colors and prints offer optimal wardrobe versatility. Assorted Zachary Prell shirts, normally $168-$228 now $135-$175.

As are quintessential knits meant to be layered or worn with denim, which only become more appealing when marked down 20-50% off. Theory wool open front cardigan, normally $365, now on sale for $275.