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Rent the Runway reports Q4 subscription, reserve rental revenue down 4.4% year-over-year to US$65.4M, while revenue from advertising and resale up 48.6% to US$3.4M; company is increasing focus on resale to drive incremental cash flow, customer loyalty
Published: April 11, 2024 by Retail Dive
Rent the Runway names Afterpay Marketing VP Natalie McGrath as chief marketing officer, effective March 4; news comes after company laid off 10% of its corporate workforce, cut COO role
Published: February 28, 2024 by Retail Dive
Rent the Runway to cut 10% of its corporate workforce, or 37 roles, to focus workforce, cost structure; COO also resigns amid restructuring plan, CEO Jennifer Hyman appointed president and designated as company's principal operating officer
Published: January 10, 2024 by Retail Dive
Rent the Runway reaches new transportation agreement with UPS to reduce costs; company will be transitioning nearly all of its non-same day outbound shipping and home pick-up services to UPS over the next several months
Published: September 26, 2023 by Retail Dive

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