Rent the Runway is an e-commerce platform that offers rental, subscription, and purchase options for designer apparel and accessories, aiming to provide women with access to a dream closet filled with an infinite selection of designer styles.

Rent The Runway

Rent the Runway, Inc. rents designer wear for women through its stores and online retail. The company offers ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, ski wear, home goods, evening wear, and kids wear, as well as accessories. It also engages in the software development and support activities. The company was incorporated in 2009 and is headquartered in Brooklyn, New York.

Rent the Runway, Inc.

Rent the Runway is transforming the way modern women get dressed and disrupting the $2.4 trillion fashion industry by pioneering dynamic ownership and enabling women to rent, subscribe to and purchase secondhand clothing.  Founded in 2009 with a vision to build the world’s first living closet, RTR believes that women everywhere will soon have a subscription to fashion. By creating a new model of dynamic ownership rooted in sustainability, RTR has made apparel rental an indispensable utility while also powering women to feel their best every day. RTR offers apparel, accessories and home decor from over 700 designer partners and has built in-house proprietary technology and a one-of-a-kind reverse logistics operation. Under CEO and Co-Founder Jennifer Hyman’s leadership, Rent the Runway has been named to CNBC’s “Disruptor 50” five times in ten years, and has been placed on Fast Company’s Most Innovative Companies list multiple times.

Temasek Holdings

Manhattan Venture Partners

UIT Growth Equity

Fidelity

Fidelity Management and Research Company

Bain Capital Ventures

Franklin Templeton

Blue Pool Capital

SuRo Capital

📣 Rent the Runway has launched LUXURY 📣

Our mission has always been to democratize fashion and with the launch of The Vault, we are making luxury more accessible than ever. This collection features high fashion by universally-beloved designers such as Oscar de la Renta, Etro, RACHEL GILBERT, Zac Posen and provides unparalleled access to coveted designer looks retailing for $1,000-$8,000. 

Our team has built incredible relationships with designers since 2009, and we've gone from convincing brands that rental is the future to seeing some of the biggest fashion houses in the world consider RTR an important customer awareness and acquisition channel. 

We are thrilled to see this initiative come to life as yet another testament to our commitment to our customer and providing a unique and magical experience.

#designer #luxury #rental #fashion

Our core value of dream big and go after it comes to life this week as we announce the long awaited launch of Rent the Look. 

Big ideas truly do come from anywhere, and we are excited to unveil this feature which enables our customers to compete their look via curated suggestions of RTR inventory.

Our ERGs are employee-driven, company-sponsored groups where community is cultivated through programming, relationship-building, & awareness-raising. 

“I believe every queer-identifying person should feel safe and supported in their workplace. This is why I do what I do and love working within the ERGs.” John Quinlivan, Chair of Rent the Rainbow spoke to Built In about the value ERGs provide by fostering inclusivity and driving change.

#ergs #employeeresourcegroups #community #dei #diversityequityinclusion

“Knowledge around coaching, precise praise, developmental feedback and active listening isn’t just for your 9-5 job — it’s for your whole life.”
Tanya Kaur,  Sr. Manager, Fashion Operations

Want to be a part of the growth happening at RTR? 

See what team members Tanya, Elisa and David had to say about career growth through our Emerging Leaders Program and then check out our open roles.

#growth #coaching #leaders #career #careerdevelopment

🎉  Welcome to the Era of Extra  🎉 

Our team has been hard at work on our latest launch which offers an extra item to every shipment of our rental subscription programs at no additional cost to our members. 

We're always listening to customer feedback and working on ways to improve our offering. This has been an incredibly exciting moment for the team given that we're making these changes at a time when so many businesses are taking away rather than giving back--and we’re all doing the math on what we spend.

This is just the beginning of what we're calling our Era of Extra, focused on continued investment in the customer experience and offering a more comprehensive and seamless user journey. More to come.

The future of fashion is among the many topics often discussed at RTR - and with our recent partnership with Netflix our very own Jennifer Hyman will help find the next star designer as a judge on Next in Fashion. The winner's collection will debut on RTR on March 10, offering our customers even more newness and variety.

#netflix #fashion #designer

COM:RENTTHERUNWAY

Rent the Runway

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