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Is Rent the Runway Struggling or Recalibrating?

Rent the Runway recently cut its workforce, while emphasizing customer loyalty. Is this the sign of a struggling company or just a minor recalibration?

Anushka salinasJennifer hymanMatt baerRestructuring planRunway cutsStitch fixClothing subscriptions shed membersEconomic challenges demandCustomers make up bulkReplenish economyHousehold supply deep diveCommerce readiness reportLoyalty factor

Rent The Runway s Jobs and Promotional Spending Cuts, an Alignment on Profitability and Growth Objectives

The decision aims to align the workforce and costs with the growth and profitability objectives outlined in the 2024 budget. Read more.

Matt baerJennifer hymanUnsplash clem onojeghuoRunway fashion brandClem onojeghuoRestructuring planRalph laurenIconic collaborationStrategic moveLuxury marketFree cash flowJob cutsPost cutRofitability and growth objetcives

Rent the Runway Cuts 10% of Corporate Staff

With subscriber growth slowing, fashion rental firm Rent the Runway will let go of 10% of its corporate employees, per a regulatory filing.

Jennifer hymanAnushka salinasMatt baerChief operating officerRestructuring planStitch fixCommerce readiness reportLoyalty factorCommerce conversion indexSubscribers seek affordability

SGB 2023 Year In Review: Executive Shuffle

SGB 2023 Year In Review: Executive Shuffle
sgbonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sgbonline.com Daily Mail and Mail on Sunday newspapers.

United statesUnited kingdomHudson bayBlekinge läswBlack diamondNew yorkCounty south dublinGreg nathanMartin lottiFranciscoj moralesMichael mullicanBrendan hoffmanNick jonesKieran shanahanDamien huangCarl ford

Most Consumers Retain Clothing Subscriptions, Data Shows

Despite the overall decline observed in the retail subscription market, clothing and accessories retailers are seeing higher-than-average retention rates.

Matt baerReplenish economyHousehold supply deep diveStitch fix

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