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How Traditional Retailers Are Adapting to the ‘No Ownership’ Trend

Join McKinsey & Company, NewTimes Group, Arvind Limited, Asmara, Google, Bluesign, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

Is access the new ownership? Even traditional retailers are bracing themselves for the day when leasing clothing becomes as natural as as hailing an Lyft or cueing up a song on Spotify.   Take Express, for example. In October, the mall fixture launched Style Trial, a service that allows customers to borrow up to three…

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