About Rent the Runway
We're transforming the way modern women get dressed by building the world's first living closet. Since our founding in 2009 by Jenn Hyman and Jenny Fleiss, we've been on a mission to power women to feel their best every day. It all started with a simple 'aha' moment when Jenn saw her sister overspend on a dress for a wedding. This sparked the idea of offering designer dress rentals for special events, which eventually blossomed into a vision of providing unlimited access to a designer closet on-demand. We carry apparel, accessories, and even home decor from over 700 designer partners, all made accessible through our innovative platform.
Our journey began with a pop-up shop on Harvard's campus, and by November 2009, Rent the Runway was officially launched nationwide. We've always believed that fashion should be an experience, not just about ownership. That's why we pioneered the 'Closet in the Cloud' – a dream closet filled with an infinite selection of designer styles that you can rent, wear, and return, or even choose to keep. We're passionate about making luxury experiences accessible and, in doing so, we're revolutionizing retail and promoting a more sustainable future for fashion. Over the years, we've expanded our offerings from event-specific rentals to everyday clothing through a subscription model, and we now even offer the option to buy pre-loved designer pieces. We're more than just a closet; we're a community that shares inspiration and ideas, encouraging our members to explore all facets of their style. We're proud to have built a one-of-a-kind reverse logistics operation and proprietary in-house technology to make this all possible. Our commitment is to continue evolving and providing even more access and flexibility to an incredible selection of designer styles, helping women save time, money, and have more fun getting dressed.
FAQs
- When was Rent the Runway founded?
- Rent the Runway was founded in 2009.
- Who is the CEO of Rent the Runway?
- The CEOs are Jennifer Hyman, Jennifer Fleiss.
- What industries or markets does Rent the Runway operate in?
- Rent the Runway operates in the following markets: Fashion, Subscription Services, Sustainable Fashion, Luxury Goods, Retail Technology, Women's Apparel, Online Marketplaces, Logistics and Reverse Logistics, Consumer Services, and Ecommerce.
- How many employees does Rent the Runway have?
- Rent the Runway has 1001-5000 employees.
- Where does Rent the Runway have employees?
- Rent the Runway has employees in United States.
- Is Rent the Runway hiring?
- Yes, Rent the Runway has 4 open remote jobs.
- Does Rent the Runway support remote work or working from home?
- Yes, Rent the Runway is a remote-friendly company.
- Does Rent the Runway offer a four-day work week?
- No, Rent the Runway does not offer a four-day work week.
- Is Rent the Runway transparent about salaries?
- Yes, Rent the Runway practices salary transparency, often including salary or compensation ranges in their job posts. They provide salary data for 4 roles.
- What is Rent the Runway's tech stack?
- Rent the Runway has 11 technologies in their tech stack.
- What is Rent the Runway's website?
- Rent the Runway's website is www.renttherunway.com.