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Modern Luxury Media Merges Content and Commerce with New Fashion Rental Service

Retail TouchPoints

. “By leveraging both our traditional properties through our newly acquired influencer network Glocally , ModLux.Rent continues to strengthen our ability to authentically engage with hyperlocal communities of luxury consumers across all screens and platforms.” However, Modern Luxury’s focus on the most elite segments of U.S.

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Luxury Subscription Service Vivrelle Bags $26M in Series A Funding

Retail TouchPoints

The subscription service, founded by husband and wife team Blake and Wayne Geffen in 2018, allows members to keep items as long as they want, or swap them out monthly. It’s an exciting opportunity to advance the growth of circular fashion and be at the forefront of reimagining consumers’ shopping experience.”.

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Despite Subscription Declines, Rent the Runway Plans to Go Public

Retail TouchPoints

Rent the Runway experienced steep drops in its subscriber base as consumers opted not to refresh their wardrobes. “We In response, Rent the Runway closed its retail stores , did away with its unlimited subscription plan and launched into resale. The company is moving forward despite the undeniable negative impact of the pandemic.

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Ralph Lauren Taps into the Sharing Economy with New Subscription Rental Service

Retail TouchPoints

Ralph Lauren has launched a new subscription rental service for its Lauren Ralph Lauren brand, which is currently sold at 500 points of distribution in North America. The Lauren Look” rental service is now available to North American consumers, with memberships starting at $125 a month.

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Claire’s Debuts Subscription Service as it Seeks New Ways to Connect with Gen Z

Retail TouchPoints

Jewelry and accessories retailer Claire’s is tapping into “drop” culture with its newest offering, a subscription box service called cDrop. A multi-dimensional approach will almost certainly be the winning strategy for most retailers going forward, particularly those like Claire’s looking to connect with younger, digital-first consumers.

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Stitch Fix Moves Beyond Subscriptions with Hyper-Personalized Direct Shopping Experience

Retail TouchPoints

Online personal styling service Stitch Fix is continuing to expand beyond its core subscription fashion service into direct buying with the launch of Freestyle, a personalized shopping experience that allows anyone to buy items anytime without being a current subscriber. Because the experience — which is available now for U.S.

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Does The Forever 21 Bankruptcy Signal The End Of Fast Fashion?

RTP blog

Forever 21 , once one of the preeminent names in fast fashion, filed for Chapter 11 bankruptcy protection after months of reports and speculation. The struggles at Forever 21 spotlight a potential weakness in the fast fashion business model itself. In the wake of the Forever 21 bankruptcy, the RTP.

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