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Rent the Runway posted revenue of $298.2 million for 2023 on Wednesday, a modest year-over-year increase from $296.4 million in 2022. Compared to the 2023 fiscal year, Rent the Runway predicts ...
Rent the Runway is attempting to stage a turnaround; it recently hired a new CMO, Natalie McGrath, to invest in marketing again after years of pulling back and focusing on surviving as a business ...
A world of economic worry isn’t pushing Jennifer Hyman off her game plan at Rent the Runway. Hyman, cofounder and chief executive officer of the rental pioneer, told WWD that inflation could ...
Rent the Runway arrived on Wall Street with an upsized initial public offering, a stock price that fizzled quickly, a legacy of $674 million in total losses — and, if its boosters are right, the ...
Rent the Runway had physical locations in New York City, Washington, D.C., Chicago, San Francisco, and Los Angeles, [27] where customers could work with a personal stylist, and either take items directly with them or book dresses and accessories for future events. In August 2020, the company announced it would be closing all five of its retail ...
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The $320 million company whose stock has cratered more than 90% just hit 15 years old.