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Fashion Jobs
SHISEIDO
Manager - Talent Management, Human Resources
Permanent · Hong Kong
SHISEIDO
Senior Manager - Marketing, Shiseido And Drunk Elephant
Permanent · Hong Kong
PUMA
Specialist, IT Service Delivery
Permanent · Hong Kong
AESOP
Digital Project Manager, Asia
Permanent · Hong Kong
SHISEIDO
Senior Officer/Officer - Business Planning, Nars And Bare Minerals
Permanent · Hong Kong
SHISEIDO
Assistant Manager - Demand And Operations Planning, Ipsa
Permanent · Hong Kong
PUMA
Garment Technician
Permanent · Hong Kong
PUMA
Senior Manager Technical Material Apparel
Permanent · Hong Kong
SHISEIDO
Manager - Retail Experience And Operations, Nars
Permanent · Hong Kong
SHISEIDO
Manager - Marketing, Shiseido Fragrance Division And dg Beauty
Permanent · Hong Kong
AESOP
Retail Consultant | Hong Kong And Macau
Permanent · Central
SHISEIDO
Contract Accounting Officer, Finance And Accounts
Permanent · Hong Kong
SHISEIDO
Senior Manager, Finance And Accounts
Permanent · Hong Kong
SHISEIDO
Accounting Assistant, Finance And Accounts
Permanent · Hong Kong
LOVISA
Christmas Team Member - Telford Plaza
Permanent · KOWLOON BAY
LOVISA
Christmas Team Member - Mira Place
Permanent · TSIM SHA TSUI
LOVISA
Part Time Sales Associate - Mira Place
Permanent · TSIM SHA TSUI
PUMA
Junior Developer Fabric Apparel
Permanent · Hong Kong
AESOP
Head of Finance, Asia
Permanent · Hong Kong
H&M
Sales Advisor Full Time-又一城店
Permanent · HONG KONG
H&M
Sales Advisor Full Time-尖沙咀新港中心店
Permanent · HONG KONG
H&M
Sales Advisor Full Time-沙田新城市廣場店
Permanent · HONG KONG
By
Reuters
Published
Jul 19, 2021
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Rent the Runway confidentially files for U.S. IPO

By
Reuters
Published
Jul 19, 2021

Rent the Runway has confidentially filed paperwork with U.S. regulators for an initial public offering (IPO), as it looks to cash in on the booming market for rental clothes and second-hand apparel.


Photo: Reuters



The online clothing rental firm said on Monday the number of shares on offer and the target price range for its IPO had not yet been determined.

Founded in 2009, New York-based Rent the Runway allows customers to rent clothes and shop second-hand merchandise from over 750 designer brands.

It raised funds last year at a valuation of $750 million, below its previous valuation of $1 billion, Bloomberg News reported in June.

Demand for second-hand clothes has jumped in recent months as customers become increasingly conscious about their carbon footprint, boosting revenues at subscription-based styling service Stitch Fix and online resale shop ThredUp.

Denim maker Levi Strauss has also entered the used clothing market, while Etsy last month announced the acquisition of Gen Z-focused fashion resale firm Depop for $1.63 billion.

Online eyewear seller Warby Parker and Forever 21 owner Authentic Brands Group have also filed for IPOs this year.

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