Rent The Runway Is Shifting Focus To Fast Growing Fashion Resale

Rent The Runway Is Shifting Focus To Fast Growing Fashion Resale

Jennifer Hyman, co-founder and chief executive officer of Rent The Runway Inc.,  Photographer: … [+] Christopher Goodney/Bloomberg © 2019 Bloomberg Finance LP Soon we will see – COVID-19 and any rebound not withstanding – people back in their offices. They may be there full-time or hybrid, switching days in the office and days at home. I … Read more

Rent the Runway confidentially files for IPO

Rent the Runway confidentially files for IPO

Jennifer Hyman, Rent the RunwayScott Mlyn | CNBCRent the Runway has confidentially filed paperwork with U.S. regulators for an initial public offering, as it looks to cash in on the booming market for rental clothes and second-hand apparel.The online clothing rental firm said on Monday the number of shares on offer and the target price … Read more

Fashion Brands P.E Nation And Camilla Called Out After Wheelchair Runway Fail

Fashion Brands P.E Nation And Camilla Called Out After Wheelchair Runway Fail

P.E Nation and Camilla are under fire after their shows at The Afterpay Australian Fashion Week Event featured disabled models struggling to move in their wheelchairs. The runway featured in both fashion shows for brands P.E Nation and Camilla was covered in streamers, making it hard and at times impossible for the disabled models to … Read more

Couture Fashion Week will see the return of the runway for many brands

Couture Fashion Week will see the return of the runway for many brands

Photo credit: Stephane Cardinale – Corbis – Getty ImagesJuly will mark the return of Paris Couture Fashion Week, and will see more physical catwalk shows on the schedule than we have seen for a long while.According to the provisional calendar published by the Fédération de la Haute Couture et de la Mode yesterday, eight major … Read more

The best bags, shoes, earrings and hair accessories from the Australian Fashion Week runway

The best bags, shoes, earrings and hair accessories from the Australian Fashion Week runway

Remember wallets? How about handbags? Somehow during the pandemic we practically stopped using either, since most of what we needed could either a) fit in the pocket of our trackies, or b) tap more easily (and with fewer risks of germ transmission) on our phones.But at Australian Fashion Week, which ended on Friday night, several … Read more

The best bags, shoes, earrings and hair accessories from the Australian Fashion Week runway

The best bags, shoes, earrings and hair accessories from the Australian Fashion Week runway

Remember wallets? How about handbags? Somehow during the pandemic we practically stopped using either, since most of what we needed could either a) fit in the pocket of our trackies, or b) tap more easily (and with fewer risks of germ transmission) on our phones.But at Australian Fashion Week, which ended on Friday night, several … Read more

Covid Sent Rent The Runway To The Brink. Now The Fashion Business Is Ready For The Reopening Boom

Covid Sent Rent The Runway To The Brink. Now The Fashion Business Is Ready For The Reopening Boom

In early February 2020, Jennifer Hyman, the cofounder and CEO of Rent the Runway, was in build mode.  Her fashion subscription business, which for $160 a month let customers borrow hundreds of thousands of designer items like Hugo Boss blazers, Marc Jacobs mini-bags and Saint Laurent sunglasses, was growing faster than 100% per year. To … Read more

Rent the Runway enters $33 billion fashion resale market

Rent the Runway enters $33 billion fashion resale market

Jennifer Hyman, Rent the Runway Scott Mlyn | CNBCRent the Runway said Wednesday it is expanding into resale, a major evolution for the fashion rental platform. Customers will soon be able to buy used designer clothes from the business in addition to renting them. No membership will be required, as Rent the Runway looks to broaden … Read more

5-meter pedestals, an Anna Wintour puppet… COVID-19 changed fashion shows but the runway will survive

5-meter pedestals, an Anna Wintour puppet... COVID-19 changed fashion shows but the runway will survive

IN Oct. 2020, Chanel returned to a live show with an audience to present the ready-to-wear Spring/Summer 2021, but a new COVID lockdown in Paris prevented any further live shows in 2020. — PHOTO FROM CHANEL.COM/US/HAUTE-COUTURE PHOTO FROM CHANEL.COM/US/HAUTE-COUTURE PHOTO FROM CHANEL.COM/US/HAUTE-COUTURE AUSTRALIAN Fashion Week, which starts this week, is touting itself as one of … Read more