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Rent the Runway Sees ‘Unbelievable’ Demand, User Trends: CEO

Jun.03 — Jennifer Hyman, co-founder and CEO at Rent the Runway, discusses how she navigated through the Covid-19 pandemic challenges and how there is an ‘unbelievable’ rebound in fashion rental as the company’s business is up almost 100 percent compared to their Covid low. She says more customers are signing up for Rent the Runway’s…

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Jun.03 — Jennifer Hyman, co-founder and CEO at Rent the Runway, discusses how she navigated through the Covid-19 pandemic challenges and how there is an ‘unbelievable’ rebound in fashion rental as the company’s business is up almost 100 percent compared to their Covid low. She says more customers are signing up for Rent the Runway’s subscription because they “want to consume more sustainably.” Hyman also talks about the decision to expand into the resale market in addition to their traditional rental model. She speaks with Emily Chang on “Bloomberg Technology.”

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3 Comments

3 Comments

  1. Antoine

    June 3, 2021 at 11:57 pm

    this startup is a Supply Chain worst nightmare

  2. Sir Derty ✓

    June 4, 2021 at 3:22 am

    Prove it.

  3. Rachel Ottelé

    June 4, 2021 at 2:46 pm

    If I knew where I were going I would eventually wisely advice your future self to not wearing my path. Or maybe yes. Volatility is still exciting.

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Bloomberg Technology

Tesla’s China Approval and Paramount’s CEO Ousting | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow look at Tesla getting a tentative approval for its driving system in China. Plus, Paramount is expected to oust its CEO ahead of earnings and SoFi shares drop after 2Q guidance disappoints. ——– “Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of…

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Bloomberg’s Caroline Hyde and Ed Ludlow look at Tesla getting a tentative approval for its driving system in China. Plus, Paramount is expected to oust its CEO ahead of earnings and SoFi shares drop after 2Q guidance disappoints.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Founders Fund’s Stephens on China, Defense Tech Sector

Founders Fund Partner Trae Stephens joins Ed Ludlow and Caroline Hyde to discuss the EV landscape in light of Tesla’s tentative approval for its driving system in China, the new TikTok legislation signed into law by President Biden, and the outlook for the defense tech sector. He speaks on “Bloomberg Technology.” ——– Like this video?…

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Founders Fund Partner Trae Stephens joins Ed Ludlow and Caroline Hyde to discuss the EV landscape in light of Tesla’s tentative approval for its driving system in China, the new TikTok legislation signed into law by President Biden, and the outlook for the defense tech sector. He speaks on “Bloomberg Technology.”
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Tesla Soars on China’s Tentative Driving System Approval

Elon Musk’s quick visit to China paid immediate dividends, with Tesla receiving in-principle approval from government officials to deploy its driver-assistance system in the world’s biggest auto market. Bloomberg’s Craig Trudell joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full…

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Elon Musk’s quick visit to China paid immediate dividends, with Tesla receiving in-principle approval from government officials to deploy its driver-assistance system in the world’s biggest auto market. Bloomberg’s Craig Trudell joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.”
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