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Rent the Runway is an e-commerce platform that allows users to rent, subscribe, or buy designer apparel and accessories. It was founded by Jennifer Hyman and Jennifer Fleiss , who launched the company in November 2009.
Rent the Runway is now up against a sea of competitors in the category it invented, from Nuuly to retailers' and brands' own rental services; a stock price down more than 90% from its 2021 IPO ...
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'It makes no sense that we live in a world today that we have to buy hundreds of things keep them in a closet and never use them.' With new $89 a month subscription, Rent the Runway takes aim at ...
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Shares of Rent the Runway plunged more than 22% before the bell on Tuesday, as more Americans paused their subscription to the clothing rental firm as they feel the pinch of red-hot inflation.
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