Is Renting the Future for Fashion and Luxury?

In The Daily Scoop by Lauren Parker, Accessories Magazine

The co-founders of Chinese web giant Alibaba, Jack Ma and Joe Tsai, recently invested $20 million in the designer dress and accessory rental service Rent The Runway, which raised $60 million in funding just over a year ago. A few weeks ago, François-Henri Pinault said that Kering is currently testing its own rental service on a subscription basis. And these aren’t the only signs of the buzz generated by this new consumption mode, several years after it first surfaced on the web. Read more at Fashion Network

Licensing: Alex Woo x Pixar's "The Incredibles"