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Retail

Rent the Runway hits subscriber record, sales up 100pc

June 10, 2022

As resale and rental business models gain traction, shoppers are heading to Rent the Runway. Image credit: Rent the Runway

 

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.

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