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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 ...
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.
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Rent the Runway posted revenue of $298.2 million for 2023 on Wednesday, a modest year-over-year increase from $296.4 million in 2022. Compared to the 2023 fiscal year, Rent the Runway predicts ...
Jennifer Hyman grew up in New Rochelle, New York, and attended New Rochelle High School.She received her BA in social sciences from Harvard University in 2002. [1]She later attended Harvard Business School, where she met co-founder of Rent the Runway Jennifer Fleiss, and graduated with an MBA in 2009.
Fleiss co-founded Rent the Runway with Jennifer Hyman in 2008. She served as head of business development and as a member of the firm's Board of Directors. She assisted with company-wide infrastructure, project planning, and logistical decisions.
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