Newly public companies keep getting crushed on Wall Street despite a record year for IPOs in 2021. Read More
Tag: rent the runway
The pandemic cramped Rent the Runway’s style—but here’s how the company is fashioning a comeback in 2021
The pandemic has wreaked havoc on the fashion industry, and clothing rental service Rent the Runway has certainly felt the squeeze. Earlier in 2020, the New York City-based company significantly cut costs by instituting layoffs and shuttering its handful of brick-and-mortar stores, among other measures. That said, co-founder and CEO Jennifer Hyman has big hopes […]