View Post

RENT THE RUNWAY SECURES $60M FOR ITS BUSINESS OPERATIONS

In Industry News, What's New by Accessories StaffLeave a Comment

Things are definitely looking up for Rent the Runway. Just recently, Rent the Runway announced that it got funds worth $60M through the efforts of Fidelity Management and Research Company, in collaboration with investors Technology Crossover Ventures, Bain Capital Ventures, Advance Publications, Inc., and Highland Capital Partners. Long story short: …

View Post

HOLIDAY SALES SOARED AT AMAZON RESULTING IN ITS BEST-EVER SELLING SEASON

In Retail News, What's New by Christine GalassoLeave a Comment

Amazon is reporting that holiday 2016 was its best-ever selling season, shipping more than one billion items worldwide. The company points to consumer convenience initiatives like Amazon Dash, which allows shoppers to “skip the trip” to brick and mortar locations, among the top reasons for its banner year. Amazon Prime services …