Are rental platforms making a fashionable comeback?
Inside Retail
AUGUST 5, 2025
Rent The Runway had to pivot its value proposition after its stock dropped 90 per cent one-year post its IPO, and earlier this year Designerex went into voluntary administration before being acquired in July. These businesses thrived on the “wear once and post” Instagram culture. But in recent years, many of they seem to be struggling.
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