Retail
June 10, 2022
As resale and rental business models gain traction, shoppers are heading to Rent the Runway. Image credit: Rent the Runway
By Luxury Daily News Service
Online fashion rental platform Rent the Runway is seeing strong momentum as it reached $67.1 million in revenue for the first quarter ending April 30, 2022, a 100 percent increase year-over-year.
{"ct":"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","iv":"e9dd6b384aec58fe581b2441aa80d24a","s":"305d628fe0c40f3f"}
Share your thoughts. Click here