Rent the Runway Sees ‘Unbelievable’ Demand, User Trends: CEO

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  • Bloomberg Technology published this video item, entitled “Rent the Runway Sees ‘Unbelievable’ Demand, User Trends: CEO” – below is their description.

    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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