Rent the Runway is stocking up, staffing up and has relocated to a 9,000-square-foot headquarters in New York’s TriBeCa.
The Web site for renting designer dresses and accessories, launched last November, recently raised $10 million from Highland Capital and $5 million from Bain Capital on top of Bain’s $1.7 million in seed money, indicating rapid progress past the start-up phase and increasing infrastructure requirements to support growth.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)