Rent The Runway Just Announced A Subscription Service
Rent The Runway has announced a subscription service that applies to everything but dresses.
For $75 per month, customers get to rent 3 items at a time, CEO Jennifer Hyman told Fortune.
"You get to run through your favorite virtual mall department store, pick out everything you've ever dreamed of wearing, put it onto a queue, and it's going to come straight to you," Hyman says.
The subscription doesn't apply to dresses, Rent The Runway's most well-known rental.Customers can choose from items "from purses and scarves to hats, outerwear, and jewelry," Fortune writes.
Designer headphones are also advertised.
"Unlimited customers can manage a queue of desired items and may keep them as long as they want," Fortune writes. "When a customer is finished with an item, she can mail it back, after which the next item in her queue is dispatched."
The monthly fee includes shipping and insurance.
Rent the Runway is a start-up that offers rentals on trendy, designer items.
Next Story
What you need to know about Article 15 of the Indian Constitution- Here’s how much an IT employee makes in different countries
- Kotak Mahindra Bank has lost nearly half a billion dollars in market cap after the billionaire promoter was fined by the RBI
- RBI moves to make online bank transfer cheaper, to review ATM charges
- India offers reward in desperate hunt for military plane that went missing near border with China
- The Ambanis had a 3 Cs mantra — and it has changed over a generation
- Jiggs Kalra, the man behind India’s most famous restaurants, leaves behind a gourmet legacy
- Azim Premji – the man who turned a cooking oil company to be one of the world’s biggest IT firms – Wipro
SIGN IN WITH
FacebookGoogleEmail