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Rent the Runway is now selling secondhand luxury goods on Amazon. Rent the Runway CEO Jenn Hyman said the collaboration will foster "incredible brand awareness." As part of a collaboration with Amazon Fashion, the rental company is offering lightly worn styles from more than 35 brands, including Diane Von Furstenberg, Tory Burch, and Kate Spade. The partnership also will feature items from the RTR Design Collective, clothes from emerging designers sold exclusively for Rent the Runway, the company announced on Thursday. The Amazon collaboration will join existing resale retail partnerships Rent the Runway currently has with Saks Off Fifth and ThredUp.
The Newsette is valued at $200 million and made $40 million in revenue last year, which Insider verified with documentation. And she launched Wondermind, an eight-month-old company with a mission to "democratize and destigmatize mental health." But the trio hatched plans to launch Wondermind, leveraging their experiences with mental health, business, and entertainment. The upcoming production branch aims to develop TV shows and movies addressing mental health and illness. or 'How can I improve my mental health?'"
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