Hringekjan is a rental company that rents out retail space on a short-term basis for the sale of used clothing and accessories to its customers.

Each retail space is 2m² in size and consists of a clothes rack and shelf and use of common areas. In addition, the tenant has use of a box measuring 55x31x33 cm (56L) for clothing that does not fit on the rack. The box is kept in stock and Hringekjan employees ensure that the rack is replenished when needed.

It is assumed that each retail space, in addition to the storage box, can hold about 60 products at a time, of which about 30 garments per shelf. The tenant is welcome to refill the box during the rental period.

Hringekjan employees are responsible for assisting customers and finalizing sales of renter's products.

Each retail space is rented out for a week at a time. It is possible to rent retail space for up to four consecutive weeks. Extensions are not offered, but if the tenant wants to extend their rental period, they must book the retail space again at hringekjan.is

The rental price of retail space consists of a lump sum payment paid before the start of the lease term and a share of the lessee's income from the sale of his goods during the lease term. The latter is withheld when the payment is made to the lessee and is thus considered settled.

The one-time fee and the percentage of the tenant's share of the rent are determined by the price list as presented on Hringekjan's website at any given time. Hringekjan reserves the right to change its price list without notice. However, such changes do not apply to retail spaces that are already rented out.

Bookings are only made at hringekjan.is

If any problems arise when booking through the website, it is best to use the chat bubble at the bottom right of hringekjan.is, otherwise you can send an email to velsning@hringekjan.is

In order to be entitled to a refund, cancellations must be received at least 14 days in advance, based on the first day of the rental period.

The lessee is responsible for setting up their sales space. Setting up takes place in such a way that the lessee arrives at the store one hour before opening on the day the rental period begins or at 11:00 (12:00 on Sundays). It is necessary that all clothing has been registered with good lighting and is in " My Pages " on hringekjan.is. Hringekjan provides the lessee with a shoulder strap, a signal gun and a ticket, as well as anti-theft devices for use during the rental period.

The renter has access to anti-theft devices but is responsible for requesting them and attaching them to their products.

If the lessee wishes to change the price of a product or products during the rental period, he has the option of coming to the store during its opening hours to print out new price tags and place them on specific products. The price tag on a product is always valid until he has come to the store and placed a new price tag on it.

At the end of the last day of the rental period, we begin to take down the unsold products and place them in storage.

After the Rental Period ends, the tenant has until noon the next day to collect their goods before a storage fee of ISK 2,000 is charged for each day thereafter.

Products are stored for a maximum of one week. After that, the products are considered the property of Hringekjun, where every effort will be made to ensure that they are reused.

The store is monitored by security cameras and Hringekjan employees are generally vigilant against shoplifting.

Hringekjan is not responsible for stolen, lost or destroyed goods. In the event of fire or water damage, Hringekjan is not liable. However, the renter's contents insurance may cover such damage, but it is entirely up to them to find out.

Hringekjan reserves the right to refuse installation of products that staff deem do not meet the quality requirements of the service. Quality requirements relate to the condition of the product, whether the product is clean, whether a particular product is intact, has holes or is unusable, or is defective in some way.

It is not permitted to sell licensed, illegal, counterfeit, or harmful products in the Carousel. Tobacco, products containing nicotine, alcohol, food, weapons, fireworks, pornographic material, or other products that the Carousel staff deems inappropriate will be immediately removed.

Hringekjan's rental service is designed to support a solution for individuals to get used clothing into circulation. Within the service, it is not permitted to sell products purchased with the intention of reselling them. Customers are also absolutely prohibited from selling products from other types of retail operations under their own name, as such transactions are subject to different rules than used clothing from individuals. If a customer is found to be doing so, their contract will be terminated and the sales space will be emptied without a refund of the rental price.