Bloomberg Technology

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

  1. Antoine

    June 3, 2021 at 11:57 pm

    this startup is a Supply Chain worst nightmare

    Reply

  2. Sir Derty ✓

    June 4, 2021 at 3:22 am

    Prove it.

    Reply

  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.

    Reply

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