Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Rent the Runway Paying the Price for Delayed Return to Work

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Rent the Runway’s 66 percent revenue jump to $59 million was overshadowed by growing net losses of $87.8 million, nearly doubling from the $44.3 million in the third quarter of 2020. Stock fell nearly 10 percent in after-hours trading on Wednesday. In a Nutshell: Returning to profitability is going to take time, but CEO Jennifer…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!