fashion rental news and archive

British start-up The Devout launches fashion rental subscription

London - British start-up The Devout is urging consumers to do “fashion differently” with the launch of what they are calling the UK’s first fashion rental subscription, offering a monthly service to help counteract the throwaway nature of the fast fashion industry. The monthly subscription service is tapping into consumers desires for more...

Management |ANALYSIS Featured

Is clothing rental the panacea for the ailing fashion retail industry?

New York – A recent report valued the rental subscription market at around 1 billion dollars in 2018 and forecast it grows more than 20 percent a year, reaching 2.5 billion dollars by 2023. This trend isn’t lost on traditional retailers: over the last year everyone in the industry seems to be launching their own clothing rental service. Recent...

Retail

Bloomingdale's announces a clothing rental subscription

Bloomingdale's is the latest retailer to throw its hat into the clothing rental ring. The luxury department store has announced that a new subscription service to rent designer womenswear will launch through its e-commerce site in September. Called “My List at Bloomingdale’s," the service will cost 149 dollars per month and allow subscribers to...

RetailFeatured

Urban Outfitters launches clothing rental company Nuuly

According to an announcement from the company, Nuuly will offer its subscribers the opportunity to rent from the brands included in URBN’s portfolio as well as with over 100 third-party labels such as AGOLDE, Paige Denim, Alice McCall, LoveShackFancy, and more. Additionally, subscribers will also be able to choose from a collection of...

Fashion |INTERVIEW Featured

Nova Octo offers luxury fashion rental to all sizes

An emerging luxury fashion rental service located in New York’s Tribeca neighborhood is breaking new ground. The plush studio features a stunning inventory of dresses imported from throughout the world - from a variety of sought-after designers including Oscar de la Renta, Carolina Herrera and Stella McCartney. The company was started by...