Rent-The-Runway

Rent the Runway is an online service that provides designer dress and accessory rentals. It was started by Jennifer Hyman and Jennifer Fleiss, who launched the company in November 2009.

Source: renttherunway.com

Rent the Runway Struggles to Meet Soaring Consumer Demand
Rent the Runway Struggles to Meet Soaring Consumer Demand
September 11, 2023  |  Retail

As consumers increasingly prioritize mindful consumption across various facets of their lives, rentals have emerged as a popular means of accessing new styles without the...

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How to Rent Your Summer Wardrobe
How to Rent Your Summer Wardrobe
June 03, 2023  |  Retail

If you can sell your clothes, why can’t you also rent out your clothes? By Rotation, a U.K.-based app, is looking embrace the mindset of...

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Rent the Runway Sees Renewed Traction as Rentals Have a Moment
Rent the Runway Sees Renewed Traction as Rentals Have a Moment
April 13, 2023  |  Retail

Earlier this month, PYMNTS discussed the momentum behind resale as sustainability has come to the forefront for consumers. Now the rental market, while not a...

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Resale Is Having Its Moment, but Will Rent the Runway?  
Resale Is Having Its Moment, but Will Rent the Runway?  
April 02, 2023  |  Retail

The shift towards sustainability is evident, and consumers have made it clear that the trend is here to stay. As a result, the resale market...

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Rent the Runway Offers Free Items to Woo ‘Cost-Conscious’ Shoppers
Rent the Runway Offers Free Items to Woo ‘Cost-Conscious’ Shoppers
March 06, 2023  |  Retail

Rent the Runway will begin adding a free item to shipments to attract financially strapped consumers. “The customer is more cost-conscious than she’s ever been...

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Retailers Test Resale Market as Ticket to Acquiring Cost-Conscious Shoppers
Retailers Test Resale Market as Ticket to Acquiring Cost-Conscious Shoppers
January 16, 2023  |  Retail

Some clothing firms are mulling creative resale partnerships as economic concerns continue to plague the sector. Slumping sales have clothing merchants, from Big Retail to...

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Rent the Runway Is Open for Business on Amazon
Rent the Runway Is Open for Business on Amazon
January 12, 2023  |  Amazon

Rent the Runway is opening shop on Amazon in a move that’s a fit for both brands. In a Thursday (Jan. 12) press release, the...

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Rent the Runway’s Revenues Rise as Consumers Embrace Borrowed Fashion
Rent the Runway’s Revenues Rise as Consumers Embrace Borrowed Fashion
December 08, 2022  |  Retail

Rent the Runway achieved record revenue as its bargain-hunting customers sought deals on everyday fashion. The company said its revenue for the quarter rose 31% year-over-year,...

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Rent the Runway’s First IPO Anniversary Marks Unexpected Pain and Reckoning
Rent the Runway’s First IPO Anniversary Marks Unexpected Pain and Reckoning
October 27, 2022  |  Retail

One year after its heady $1.7 billion initial public offering (IPO), fashion rental and resale company Rent the Runway is facing a far more humbling...

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