Rent the Runway, Inc. (RENT)

Overview

Rent the Runway, Inc., established in 2009 and headquartered in Brooklyn, New York, revolutionizes the fashion industry by operating a shared designer closet across the United States. The company pioneers a unique business model that democratizes luxury fashion, enabling customers to access a wide range of high-end garments and accessories through convenient subscription, rental, and resale offerings. This innovative approach not only provides an economical and sustainable option for fashion enthusiasts but also promotes the circular fashion economy. In addition to its core services, Rent the Runway, Inc. is also involved in software development and support, showcasing its versatility and commitment to leveraging technology to enhance its services.

Products and Services

• Evening Wear and Accessories

  Rent the Runway provides an extensive selection of high-end evening wear and complementary accessories, catering to customers looking for luxurious outfits for special occasions without the commitment of a purchase.

• Ready-to-Wear

  This service offers a broad range of designer apparel suitable for everyday wear, from classic looks to the latest season's trends, allowing customers to refresh their wardrobe constantly.

• Workwear

  Catering to the professional woman, Rent the Runway offers a curated collection of workwear essentials that blend style with functionality, ideal for maintaining a dynamic and polished office wardrobe.

• Denim

  From classic cuts to trendy pieces, Rent the Runway's denim collection provides versatility and style for casual looks, giving customers the opportunity to experiment with different styles without long-term commitment.

• Casual

  This segment includes a wide range of casual attire that combines comfort with style, perfect for everyday activities or relaxed weekends.

• Maternity

  Understanding the temporary nature of maternity wear needs, Rent the Runway offers a thoughtful selection of fashionable maternity clothes that adapt to changing body sizes throughout pregnancy.

• Outerwear

  Customers can select from a variety of designer outerwear options to stay stylish and warm, irrespective of the season, without the need to purchase expensive pieces outright.

• Blouses and Knitwear

  This category features a diverse collection of tops, including elegant blouses and cozy knitwear, that can easily transition from day to evening wear.

• Loungewear

  Rent the Runway provides comfortable and chic loungewear options that do not compromise on style, perfect for relaxing at home or casual outings.

• Jewelry and Handbags

  Accessorizing is made easy with Rent the Runway's selection of designer jewelry and handbags, allowing customers to complete their outfit with the perfect finishing touches.

• Activewear and Ski Wear

  For fitness enthusiasts and winter sports aficionados, Rent the Runway offers performance-oriented activewear and ski wear, combining high quality with designer style.