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SUSTAINABILITY SUMMIT: PROMISES VS. PROGRESS Buy tickets to join us April 25

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RTR’s third quarter saw revenue increase 31 percent to $77.4 million on net losses of $36.1 million, with sales surpassing Wall Street estimates by $4.5 million and losses more than halving from the year prior.

Rent the Runway Pounces on Retail’s Inventory Problem

Rent the Runway is going into the holiday season a much slimmer operation as it chases profitability. The designer fashion rental service is cutting its corporate workforce by approximately 24 percent as it restructures its business.

RTR CEO: Despite 24% Job Cuts, ‘We Can More Than Double the Business’

Amazon will enable members to unsubscribe from Amazon Prime in two clicks via a prominent and clear “cancel button,” the European Commission revealed in a statement.

Amazon Prime Switches to 2-Click Cancellation After EU Unsubscribe Complaints

Nordstrom will "sunset" its Trunk Club service, the company said.

Are Subscriptions Over? It Depends.

Dresses from The RTR Design Collective

Rent the Runway CEO: ‘Black Tie Is to 2022 as Sweatpants Were to 2020’

Pictured: Rent the Runway CEO Jennifer Hyman

Rent the Runway Paying the Price for Delayed Return to Work

CaaStle's latest project, Modern Mom Style Box, launched this week.

CaaStle’s Latest Rental Program Targets Trends for Moms

Cocoon said the funding round will enable it to scale the platform through investments in inventory, logistics and tech development.

Cocoon’s $3.5M Funding Round Counts Kering, Depop Founder as Investors

"Clothing-as-a-service" technology CaaStle will launch subscription rental services for U.K.-based retailers Moss Bros and L.K. Bennett.

L.K. Bennett, Moss Bros Bounce Back From Insolvency With Clothing Rentals

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