rent the runway confidentially files for u s ipo

Rent the Runway confidentially files for U.S. IPO

Sumary of Rent the Runway confidentially files for U.S. IPO:

  • By Reuters Published Jul 19, 2021 Download Print Text size aA+ aA- By Reuters Published Jul 19, 2021 Rent the Runway has confidentially filed paperwork with U.S. regulators for an initial public offering (IPO), as it looks to cash in on the booming market for rental clothes and second-hand apparel.
  • Demand for second-hand clothes has jumped in recent months as customers become increasingly conscious about their carbon footprint, boosting revenues at subscription-based styling service Stitch Fix and online resale shop ThredUp.

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