With the successful launch of Rent the Runway in 2009, there have been many variations of fashion-on-demand rental services. Le Tote and Stitch Fix send subscription boxes, Tulerie offers rental clothes for those looking for something more exotic and Gwynnie Bee focuses on workwear. And...
January 09, 2024
With subscriber growth slowing, fashion rental firm Rent the Runway has begun cutting staff. The company plans to let go of about 10% of its corporate employees, it said in a Tuesday (Jan. 9) regulatory filing. That filing also reveals that Chief Operating Officer Anushka Salinas will step down Jan. 31, with Co-founder and CEO Jennifer Hyman set to fill Salinas’ duties. […]
