With consumers focused on sustainability, British fashion retailer ASOS has launched a clothing rental program. The company on Tuesday (May 23) announced a partnership with...
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,...
This year, eCommerce innovators welcomed consumers who wanted to rent — instead of own — their wardrobes, with clothing rental startups growing their reach through the...
A decade ago, the concept of building a retail operation around shopping in other people’s closets was something of a hard sell. In 2009, the...
To test out renting attire as eco-conscious shoppers rein in their purchases, H&M said its COS brand has collaborated with the Chinese subscription rental platform...
As the clothing platform encounters multiple supply chain and inventory issues, Rent the Runway isn’t taking on new subscribers or event rentals until Oct. 15...
Hudson’s Bay Company (HBC) is selling Lord & Taylor for $100 million to Le Tote, a clothing rental subscription service, the New York Post reported...
To help make fashion more accessible to consumers, eCommerce innovators are allowing shoppers to rent their clothes and accessories through subscription box services. Take Parcel22,...
Clothing is expensive and trends are quick to change, making fashion rental platforms especially appealing for consumers who want more choice, convenience and flexibility. The...