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Fashion Jobs
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Business Expert to External And New Sales Channels
Permanent · Stockholm
H&M
Data Analyst - Performance Marketing to h&m Business Tech - Customer Domain
Permanent · Stockholm
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Business Analyst With Logistics Knowledge
Permanent · Stockholm
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Physical Compliance Specialist – Group Compliance, h&m Group
Permanent · Stockholm
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Regional Transport Manager - Logistics Region North Europe
Permanent · Stockholm
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Data Analyst - Digital Core Team Within Business Tech
Permanent · Stockholm
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Data Specialist to Product Specification, Business Tech h&m Group
Permanent · Stockholm
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Product Owner in Api & Event Integration Area, h&m Group
Permanent · Stockholm
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HR Business Partner to h&m Group Supply Chain
Permanent · Stockholm
H&M
Business Expert Competence Lead in Allocation Precision Within Business Tech
Permanent · Stockholm
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Business Intelligence Analyst
Permanent · Stockholm
H&M
Regional Data Privacy Manager - Region North
Permanent · Stockholm
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Security Software Engineer With Warehouse Security Background
Permanent · Stockholm
H&M
Accounting Business Expert
Permanent · Stockholm
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Strategic Buyer For Customer Packaging
Permanent · Stockholm
H&M
Solution Architect in Partner Connectivity Team Within Business Tech
Permanent · Stockholm
H&M
Business Analysts With Business Intelligence Competence to Group Expansion, h&m
Permanent · Stockholm
H&M
Product Owner to Fulfilment Center Operations
Permanent · Stockholm
H&M
Product Owner – Global Customer Analytics
Permanent · Stockholm
H&M
Technical Product Owner to Customer Engagement
Permanent · Stockholm
H&M
Product Owner to Finance, h&m Group
Permanent · Stockholm
H&M
Product Area Analyst - Customer Engagement (Customer Domain @Business Tech)
Permanent · Stockholm
By
Reuters
Published
Jul 19, 2021
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Rent the Runway confidentially files for U.S. IPO

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.


Photo: Reuters



The online clothing rental firm said on Monday the number of shares on offer and the target price range for its IPO had not yet been determined.

Founded in 2009, New York-based Rent the Runway allows customers to rent clothes and shop second-hand merchandise from over 750 designer brands.

It raised funds last year at a valuation of $750 million, below its previous valuation of $1 billion, Bloomberg News reported in June.

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.

Denim maker Levi Strauss has also entered the used clothing market, while Etsy last month announced the acquisition of Gen Z-focused fashion resale firm Depop for $1.63 billion.

Online eyewear seller Warby Parker and Forever 21 owner Authentic Brands Group have also filed for IPOs this year.

© Thomson Reuters 2021 All rights reserved.