Rent the Runway Claimed Company
Rent the Runway is transforming the way modern women get dressed and disrupting the $2.4 trillion fashion industry by pioneering dynamic ownership and enabling women to rent, subscribe to and purchase secondhand clothing. Founded in 2009 with a vision to build the world’s first living closet, RTR believes that women everywhere will soon have a subscription to fashion. By creating a new model of dynamic ownership rooted in sustainability, RTR has made apparel rental an indispensable utility while also powering women to feel their best every day. RTR offers apparel, accessories and home decor from over 700 designer partners and has built in-house proprietary technology and a one-of-a-kind reverse logistics operation. Under CEO and Co-Founder Jennifer Hyman’s leadership, Rent the Runway has been named to CNBC’s “Disruptor 50” five times in ten years, and has been placed on Fast Company’s Most Innovative Companies list multiple times. read more
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Sustainability and Corporate Social Responsibility at Rent the Runway
As the pioneer of clothing rental, we built a more sustainable business model for fashion by encouraging customers to buy less and wear more. We believed that the most significant way to power change within the industry was to ultimately reduce clothing production, given it accounts for 70% of the fashion industry's emissions. But, until recently, we had never quantified our impact.
To learn more, click below for a full list of key methodology and findings from our first ever Life Cycle Analysis:
https://www.linkedin.com/pulse/rtr-commissions-first-comprehensive-study-clothing-rental-/?trackingId=07iFTrvBn5oSrq3JKJMU4g%3D%3D
How Sustainability and CSR Efforts Impact Employees
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