Despite Subscription Declines, Rent the Runway Plans to Go Public
Retail TouchPoints
OCTOBER 5, 2021
In response, Rent the Runway closed its retail stores , did away with its unlimited subscription plan and launched into resale. The company estimated that since 2010, its rental model has displaced production of 1.3 Revenue followed a similar trajectory last year, dropping to $157.5 million from $256.9 million in 2019.
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