Rent the Runway, Inc. engages in the provision of online ready-to-wear and contemporary designer apparel services. The company is headquartered in Brooklyn, New York and currently employs 912 full-time employees. The company went IPO on 2021-10-27. Through the Company, customers can subscribe, rent items a-la-carte and shop resale from hundreds of designer brands. The Closet in the Cloud offers a wide assortment of items for every occasion, from evening wear and accessories to ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear and ski wear. The firm gives customers access to its unlimited closet through its subscription offering (Subscription) or the ability to rent a-la-carte through its reserve offering (Reserve). The company also gives its subscribers and customers the ability to buy its products through its Resale offering. The firm has built a two-sided discovery engine, which connects engaged customers and differentiated brand partners on a platform built around its brand, data, logistics and technology.

Rent the Runway, Inc. terlibat dalam penyediaan layanan pakaian siap pakai dan desainer kontemporer secara online. Perusahaan ini berkantor pusat di Brooklyn, New York dan saat ini mempekerjakan 912 karyawan penuh waktu. Perusahaan ini melaksanakan penawaran umum perdana pada 27 Oktober 2021. Melalui perusahaan ini, pelanggan dapat berlangganan, menyewa barang secara a-la-carte, dan berbelanja barang bekas dari ratusan merek desainer. The Closet in the Cloud menawarkan beragam item untuk setiap kesempatan, mulai dari pakaian malam dan aksesori hingga pakaian siap pakai, pakaian kerja, denim, kasual, pakaian hamil, pakaian luar, blus, rajutan, pakaian santai, perhiasan, tas tangan, pakaian aktif, dan pakaian ski. Perusahaan memberikan akses kepada pelanggan ke lemari tanpa batas melalui penawaran berlangganannya (Subscription) atau kemampuan untuk menyewa secara a-la-carte melalui penawaran reservasi (Reserve). Perusahaan juga memberikan kepada pelanggannya kemampuan untuk membeli produk-produknya melalui penawaran Resale. Perusahaan ini telah membangun mesin penemuan dua sisi, yang menghubungkan pelanggan yang terlibat dan mitra merek yang terbedakan di platform yang dibangun di sekitar merek, data, logistik, dan teknologi.

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