Rental news and archive

Australian rental platform The Volte expands to UK

The Volte, an Australian peer-to-peer rental marketplace, has entered the UK market for the first time as part of an ongoing international expansion. In a release, co-founder and chief executive officer, Bernadette Olivier, said venturing into the UK marked a “significant milestone” for the company. She added: “Our proof of concept with our...

Business

Freitag launches rental service

Swiss bag brand Freitag took a step towards a circular business model with the launch of its rental service, Freitag Rent. The brand announced this in a press release. Freitag joins brands such as Decathlon, Bever, H&M, Urban Outfitters and Nike, which previously launched similar rental services. Peter Hollenstein, project manager at Freitag...

Member

Business

Rental platform CaaStle files for bankruptcy amid fraud controversy

CaaStle Inc. has descended into bankruptcy, a new court filing has revealed, months after its former chief executive officer, Christine Hunsicker, was accused of fraud. The rental platform has filed for Chapter 7 bankruptcy in the District of Delaware, and is further preparing to liquidate its business. The petition, filed as case number...

Fashion

Strathberry launches ‘Borrow a Bag’ experience with Kimpton Hotels in Scotland

Scottish luxury accessories brand Strathberry is partnering with the Kimpton Charlotte Square Hotel in Edinburgh and Kimpton Blythswood Square Hotel in Glasgow allowing guests to borrow one of its signature handbags. The exclusive ‘Borrow a Bag’ experience is an extension of Kimpton Hotels’ signature ‘Forgot it? We’ve Got It!’ programme and...

Member

Business

CaaStle reportedly secures bridge loan to support Chapter 11 process

CaaStle has seemingly found a light at the end of the tunnel. The US fashion rental platform, which has worked with brands like LK Bennett and Derek Lam on branded rental offerings, is believed to have secured a 2.75 million dollar bridge loan to help support an impending Chapter 11 process and despite an ongoing lawsuit. According to a letter...

FeaturedMember

Business|Interview

Clothing rental as a business model: 6 Lessons from 10 years of Lena the Fashion Library

Many clothing rental companies have come and gone in recent years, but Netherlands-based Lena the Fashion Library has remained steadfast. Co-founder Elisa Jansen admitted that it wasn't always easy, having only found the perfect pay-as-you-borrow business model after five years. “You have to be patient and really dare to test it if you are going...

FeaturedMember

Business

Clothing rental: Sustainable alternative or hidden ecological fault?

The idea of renting clothes rather than buying them is convincing more and more consumers, especially as the fashion industry continues to be widely held responsible for heavy CO2 emissions. Indeed, with an annual growth of 10 percent, the clothing rental market seems to meet a need for more responsible commitment, particularly to limit the...

Fashion

Karen Millen launches in-store rental at Selfridges with Hurr

British fashion brand Karen Millen has launched an in-store rental service at luxury department store Selfridges in London and online with John Lewis in partnership with rental provider Hurr. Karen Millen states in the press release that the partnership allows it to expand its rental offering, while giving customers another opportunity “to...

Retail

Club L London launches rental offer with Hurr

Womenswear brand Club L London has launched a pop-up rental offering at Hurr’s Selfridges Oxford Street space, where it will be hosting the experience until November 26. Through the partnership, Club L will be making a selection of its occasionwear available to rent both in the store and via Hurr’s online rental platform. Around 250 pieces from...

Fashion

Hurr partners with Deliveroo for same-day fashion rental delivery

British fashion rental platform Hurr has teamed up with Deliveroo to bring rental fashion to customers’ doors in as little as 20 minutes within central London. The new collaboration, launching in time for the festive season, will allow Deliveroo users to rent pre-loved high-end fashion pieces from Hurr’s curated selection directly through the...

Retail

Hurr and Rat & Boa open rental pop-up in Selfridges

Rental platform Hurr has partnered with womenswear brand Rat & Boa to open a short-term pop-up in Selfridges. From November 13 to 16, customers will be able to visit Hurr’s existing space in Selfridges to rent an edited collection of signature Rat & Boa statement dresses. The line will be available to rent from a day rate of eight pounds and,...

Member

Business

Asos and Hirestreet partner on subscription rental service

In an expansion of an existing relationship, Asos and Hirestreet are coming together on a new collaboration that will involve the introduction of a subscription rental service. The duo have worked together on a rental offer before, with Hirestreet having previously offered up 180 womenswear Asos pieces as part of its rental service in early...