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Are you interested in reading fashion news about haute couture, prêt-à-porter and avant-garde clothing? We hope so because you will learn about these topics as well as find style reports about emerging designers, new lifestyle brands, cutting edge fabrics, and much more. Anything relevant to the fashion industry is open for discussion.
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Rent The Runway Billion Dollar
Rent The Runway Billion Dollar
Are you ready to put your closet in the cloud?
Today, online fashion company Rent the Runway announced that it has reached a $1 billion valuation.
Is that valuation deserved?
Rent the Runway, Inc. rents designer dresses, clothing, and accessories for women through its stores and online. It provides apparel, such as party dresses, gowns, jumpsuits and rompers, outer wear tops and bottoms, and jackets and coats; and jewelry, handbags, scarves, hats, and sunglasses.
How is the billion dollar valuation calculated?
Rent the Runway Valued at $1 Billion (New York Times) "The company said it had brought in $125 million in the latest fund-raising round, which was led by Franklin Templeton Investments and Bain Capital Ventures. That brings the total equity the New York-based company has raised to $337 million, and adds to a $200 million credit facility it secured in August."
I am a garmento and don't work in the financial market. When a company raises money is that sort of debt owed to someone. Should valuation be based on earnings? How much does the company earn each year?
New styles for every season from hundreds of designers. Why buy when you can rent? Think about the value proposition to the customer.
Rent the Runway
Learn about apparel industry financial relevant issues.
Thank you for taking the time to read this fashion news article.
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Experience style.
Fashion blogs typically cover various aspects of clothing, footwear and personal style. Ours is exactly what one would expect from a leading international resource and more.
Designer brands: If you are researching the newest emerging indie designers or the most popular international designer brands, you will find articles and enlightening reviews on the subject. Fashionistas will find what appears to be an endless stream of designer options.
Shopping: You can find consumer tips on issues such as how clothes should fit, where to find sample sales, and other information to help consumers research apparel and where to make purchases. We also discuss clothes, fabric, and color trends that offer assistance to shoppers.
Beauty: We do write articles about cosmetics, fragrances, hairstyle trends, and a wide assortment of beauty tips. Models, stylists, fashionistas, and photographers, will surely find news articles of interest.
Essentially, we cover most of the topics you would find in an industry journal as well as other topics that you would discover in a typical fashion magazine.
Fashion is a multi-billion-dollar industry that has considerable impact on the way ordinary people dress and present themselves. Fashion is trend-driven and our fashion blog by Apparel Search provides a riveting way to follow and oversee these fast-paced trends. The blogoshepere has tons of style sites for your review. We thank you for taking the time to view ours.
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Looking for more resources? You are welcome to learn about other fashion blogs so that you can continue your research.
Tips on Participation
The fashion blog is not only for reading. Nor is it about simply viewing pictures of super models, beautiful celebrities & trendy photographs of handbags & shoes. Consumers, fashionistas, and members of the apparel industry are welcome to participate at the bottom of each blog post.
Members of the garment industry, consumers, and fashionistas are welcome to comment at the bottom of our posts.
Yes, if you don't wish to participate, you are welcome to simply view our pages. Participation is not a requirement. Even you don't wish to share your thoughts that is perfectly understandable. It is our pleasure to present to you the fashion, beauty and style that intrigues Apparel Search. Hopefully our reporting will arouse your curiosity and interest as well. You can jump into the conversation if that is appealing to you.
