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Apparel Renters Love Convenience, Cost Savings but One Hangup Holds Others Back

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

From ride sharing apps like Uber and Lyft to vacation rentals from Airbnb, the sharing economy has ingrained itself in many consumers’ daily lives. But does it have the capacity to truly disrupt the fashion industry? According to a study released Wednesday by retail tech firm CGS, the category is ripe for expansion, even if…

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