Clothing rental service Rent the Runway is adding high-end kids' clothing to its website.
Clothing rental serviceCEO Jennifer Hyman, who is a mother herself, told Business Insider that this was a natural extension of the business.that it had raised $125 million in a round of funding that valued the company at $1 billion.On Friday, clothing rental company Rent the Runway announced that it had added kids' items to its website, meaning that fashion-conscious mothers will now be able to rent designer clothes for their kids without breaking the bank.
Kids are constantly growing out of their clothes, so there is an economic and environmental advantage in not having to buy lots of new clothes. But, it also means that mothers can dress their kids in fancy clothes without worrying about those items being ruined. The new offering will function as an extension of the monthly subscription services Unlimited and Reserve. Members will be able to include kids' items in the four pieces of clothing or accessories they are able to rent via the unlimited service or add on items for an extra fee.The brands on offer include Chloe Kids, Fendi Kids, and Stella McCartney Kids, with a mix of special occasion and everyday wear.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Leomie Anderson Just Became The First Black British Victoria's Secret Angel, And I'm Screaming Like She's My Actual Sister'Mate I am still in shock...This is something I was even scared to dream about because I never thought it would come true.'
Read more »
Perspective | Let’s talk about ‘Project Runway’ stars using ‘old lady’ to describe unflattering clothesFashion critic RobinGivhan would like to talk about 'Project Runway' stars using 'old lady' to describe unflattering clothes. Many use the term as fashion shorthand. But language can be marginalizing.
Read more »
Nigeria's 'proptech' boom driven by rising mobile phone useNigerians searching for their dream home to buy or rent are turning to the inter...
Read more »
Hit by rent hike at New York flagship, Barneys New York gets lifeline with $50 million in creditRent at Barneys' flagship on Madison Avenue jumped from roughly $16 million to approximately $30 million in January, nearly wiping out its earnings before interest, tax, depreciation and amortization, people familiar with the transaction said.
Read more »
IKEA is trying out rental furniture - Reuters TVIKEA will expand tests to allow customers to rent desks and sofas rather than buy them as it shifts away from selling low-cost disposable furniture in response to growing environmental concerns.
Read more »
A respected psychiatrist paid a Playboy model’s rent. Then he turned up dead in the desert.Kelsey Nichole Turner, 25, has been charged in connection with the death of Thomas Burchard, a 71-year-old psychiatrist who was found bludgeoned to death and stuffed in the trunk of a car that was abandoned in a remote area outside Las Vegas.
Read more »
Here's the pitch deck a New York startup used to raise $5.5 million to expand its apartment rental serviceUpTop offers a housing rental service that allows people to browse, apply for, and pay rent on apartments.
Read more »
Airline stocks could still rally another 20% this year, analyst saysAirline stocks have taken off after strong earnings guidance from Delta, and some market watchers see more runway ahead of the group.
Read more »
An Airbnb management company says the Queen could make over $1.3 million a night if she listed Buckingham PalaceBased on properties in the area, Airbnb management company GuestReady calculated how much it would cost to rent Buckingham Palace on Airbnb.
Read more »