Garments for lease: ‘rental’ apparel brings new wrinkles for retail stores

A woman looks at clothes at the Rent The Runway store, an online subscription service for women to rent designer dress and accessory items, in New York City, New York, U.S., September 12, 2019. Picture taken September 12, 2019. REUTERS/Shannon Stapleton

MADRID/NEW YORK (Reuters) – Lisa Batitto, 54, says she has virtually stopped buying clothes ever since she started renting them. The New Jersey-based museum publicist spends $277 a month on three subscriptions, including one from New York & Company, a women’s mid-price clothing chain with hundreds of U.S. stores. This is less than what she […]

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