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Rent the Runway Secures Major Investment from Alibaba’s Jack Ma

From new denim constructions, weights and washes to the steps global mills are taking to reduce impact, Rivet's SS23 In Season Look Book: Denim & Trims has everything you need to know for a successful denim season.

Fashion rental service Rent the Runway recently secured a $20 million investment from Alibaba founders Jack Ma and Joe Tsai through their investment arm Blue Pool Capital, according to Recode. With the investment, the company is reportedly valued at $800 million. “I have huge respect for Joe and Jack and wanted to opportunistically involve them…

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