Rent the Runway temporarily halting new subscribers

Rent the Runway temporarily halting new subscribers

Rent the Runway has stopped accepting any new subscribers or new event rentals at least until Oct. 15. This comes as the clothing platform runs into a slew of inventory and supply chain issues and struggles to keep up with demands. Rent the Runway earlier this year received a new round of financing that boosted its valuation to $1 billion.

Simone
Simone
Top in Business
Get the App