Rent the Runway
NasdaqGM:RENT
$
4,68
$
$-0,15 (-3,11%)
4,68
$
$-0,15 (-3,11%)
End-of-day quote: 03/27/2026
Rent the Runway Stock Value
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Rent the Runway Company Info
EPS Growth 5Y
46,28%
Market Cap
$0,16 B
Long-Term Debt
$0,33 B
Short Interest
0,00%
Quarterly earnings
04/14/2026
Dividend
$0,00
Dividend Yield
0,00%
Founded
2009
Industry
Country
ISIN Number
Website
Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.
There are currently no price targets available for this stock.
In the last five quarters, Rent the Runway’s Price Target has risen from $37,00 to $37,00 - a 0,00% increase. One analysts predict that Rent the Runway’s share price will fall in the coming year, reaching $0,00. This would represent a decrease of -100,00%.
Top growth stocks in the consumer discretionary sector (5Y.)
What does Rent the Runway do?
Rent the Runway, Inc. (RTR) operates as a shared designer closet with thousands of styles by hundreds of brand partners worldwide.
The company gives customers access to its ‘unlimited closet’ through its subscription offering (‘Subscription’) or the ability to rent a-la-carte through its reserve offering (‘Reserve’). The company’s wholly-owned subsidiary, Rent the Runway Limited (the ‘Subsidiary’), is located in Galway, Ireland, and is focused on software development and support activities.
Th...
Rent the Runway, Inc. (RTR) operates as a shared designer closet with thousands of styles by hundreds of brand partners worldwide.
The company gives customers access to its ‘unlimited closet’ through its subscription offering (‘Subscription’) or the ability to rent a-la-carte through its reserve offering (‘Reserve’). The company’s wholly-owned subsidiary, Rent the Runway Limited (the ‘Subsidiary’), is located in Galway, Ireland, and is focused on software development and support activities.
The company gives customers access to its ‘unlimited closet’ through the company’s subscription offering (‘Subscription’) or the ability to rent a-la-carte through its reserve offering (‘Reserve’). The company also gives its subscribers and customers the ability to buy the company’s products through its Resale offering. The company’s Closet in the Cloud offers a wide assortment of items for every occasion, from evening wear and accessories to ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear and ski wear. The company has served approximately 3 million lifetime customers across all of the company’s offerings and the company had 173,247 total subscribers (active and paused) as of January 31, 2024. The company had 125,954 active subscribers as of January 31, 2024.
The company has created a two-sided discovery engine: customers find new brands they love and brand partners find new customers they need. For customers, the company unlock freedom of self-expression through access to the company’s ‘Unlimited Closet’ that has a constantly rotating supply of styles for all occasions, seasons, moods and price points. This leads to deep engagement with the company’s platform as customers discover new brands they love. Brand partners are able to tap into the company’s large, engaged community to discover new customers and get unparalleled data insights. All of this helps them grow and run their businesses and encourages them to partner more closely with the company over time.
When the company’s customers use Rent the Runway, they experience the magic of accessing an ‘Unlimited Closet’ while saving money and time and reducing clothing waste.
The company’s tremendous selection is enabled by its designer brand partnerships. The company sources its products directly from or in partnership with, the company’s brand partners that include many of the most renowned and relevant names in the fashion industry. The transformative nature of the company’s customer value proposition means the company’s customers are typically younger and different from other audiences the company’s brands are exposed to. According to the company’s June 2021 Rent the Runway Brand Survey, approximately 91% of the company’s brand partners work with the company because it introduces them to new, desirable customers and deepen awareness of their brands. The company’s Closet in the Cloud connects its deeply engaged customers and the company’s differentiated brand partners on a powerful platform built around the company’s brand, data, logistics and technology advantages.
Brand Partner Advantage. The company’s assortment contains thousands of new, current season styles that luxury competitors simultaneously carry - all available for Subscription, Reserve, and/or Resale at much lower prices. The company’s engaged and loyal customer base paired with the data that the company offers to its brand partners makes the company an essential destination for many of the world’s most important brands. The company’s commercial relationships with its brand partners have evolved towards more capital efficient forms of rental product acquisition.
Data Advantage. The company captures a vast amount of unique, actionable data on its customers and products. The company leverages this data to create benefits for its customers (deep personalization of styles and fit), brand partners (understanding of customer demand patterns and garment lifecycle) and the company’s business (higher subscriber lifetime value and better product return on investment).
Technology and Logistics Advantage. The company has developed a proprietary operating system that pairs proprietary software with differentiated infrastructure and hardware. The company’s expertise in vertically integrated just-in-time reverse logistics and garment science allows the company to achieve multi-year monetization on its garments. The company has also built a custom front-end platform that supports all of its consumer-facing offerings on the company’s website and app.
How It Works
The company offers customers three ways to access its closet: monthly subscription or ‘Subscription’, a-la-carte rentals or ‘Reserve’ and purchasing through the company’s Resale offering.
Subscription
Pick a Plan. When customers subscribe, they select from a menu of entry plans. Beginning in March 2023, the company added an extra item to each shipment per plan at no extra cost to the company’s subscribers. Each plan now starts with five items, or ‘spots,’ per shipment, and varies based on how often the subscriber wishes to receive new shipments, each a ‘swap’. The company’s subscribers onboard into plans that offer one, two, three or four shipments per month for $94, $144, $193 or $235 per month, respectively.
Customize. Subscribers can customize their plans to adapt to their changing lifestyles, needs and budgets by adding spots for $27 or $31 per item per month and shipments for $39 - $50 per shipment per month, as they see fit.
Choose Items. After picking a plan, subscribers browse the company’s broad assortment of items to build their first shipment.
Wear, Repeat. When subscribers place an order, the company aims to deliver their order within two to three business days of shipping from the company’s fulfillment centers in the company’s reusable garment bags, cleaned and ready to wear.
Subscribers keep items for as long as they would like and may choose to return some or all of their items with each new shipment. When subscribers select the items they want to return on the company’s app, the company allows them to immediately start building their next shipment, maximizing their time with items at home. The company’s subscribers typically visit its app multiple times per week.
Subscribers are asked to give the company real-time feedback on the size, fit and quality of the items they rent. The structured data the company collects from customer feedback allows the company to both improve her experience, as well as optimize the company’s garment care, and therefore, the company’s return on investment of the items returned. The company’s customers also have the option of leaving photo reviews of items they rented to share their experience with the Rent the Runway community, including fit information, occasions they rented for and styling tips. Once subscribers confirm their new shipment, they can return their items in RTR’s reusable garment bag to the nearest preferred shipping partner location using a prepaid return label. In addition, a majority of the company’s subscribers have the option to return their items via the company’s at-home pickup offering that the company introduced in 2021. As of January 31, 2024, the company’s at-home pickup offering covered 86% of the company’s subscriber base.
Reserve
When customers want to rent items a-la-carte for an upcoming event, they book styles for four or eight days through the company’s Reserve offering. After selecting pieces, they typically select a delivery date one to two days before their event. The company provides a free backup size of the customer’s choosing and the option to rent a backup style at a discount. At the end of the four- or eight-day rental period, customers simply return their items in the reusable garment bag using the prepaid shipping label included with their rental. Just like the company’s Subscription offering, its customers have the option of leaving a review, and the company clean and care for items when they are returned.
Resale
In addition to renting, customers shop pre-loved styles from the company’s closet at a discount to retail price, up to 90% off of designer retail value (which the company calculates using original retail and/or comparable value prices). A Subscription is not required for purchase. The company’s subscribers also have the option to purchase items they already have at home, opening a spot in their next shipment. The company plans to increase the focus on its Resale business as a lever to drive customer value.
Customer Value Proposition
Through the company’s platform, the company has helped approximately 3 million lifetime customers discover the transformative power of utilizing its Closet in the Cloud across all of the company’s offerings. The company’s customer base is diverse and spans age, household income distribution and U.S. geography.
Subscribers are customers who access the company’s Closet in the Cloud via its monthly Subscription offering. The portion of the company’s customers who are subscribers accounted for 88% of the company’s revenue in 2023. As of January 31, 2024, the company had 125,954 Active Subscribers and 173,247 total subscribers, including paused subscribers, and during fiscal year 2023, the company had 135,211 Average Active Subscribers. Many of the company’s subscribers started as customers in Reserve and Resale and the company continues to see activation from Reserve and Resale customers into subscribers for many years.
Variety and Discovery. With thousands of styles across hundreds of brands in the company’s Closet in the Cloud, Rent the Runway gives customers the ability to always wear something new to them and inspires customers to expand their fashion tastes without risk of buyer’s remorse. According to the company’s March 2024 Subscriber Survey, 82% of the company’s subscribers say RTR allows them to experiment with different clothing without commitment.
Value. Rent the Runway makes thousands of designer styles accessible through the company’s Subscription offering for a flat monthly price or through the company’s Reserve offering on a per item basis. The company delivers significant financial value to customers, with the company’s average subscriber wearing clothes worth more than 25 times what she pays for a monthly RTR Subscription on an annualized basis.
Self-Confidence. According to the company’s March 2023 Subscriber Survey, 83% of the company’s subscribers say RTR makes them the most confident version of themselves at work or in social settings. Because there is no commitment to keep an item rented from RTR, the company fuel greater self-expression for the company’s customers.
Personalization and Convenience. The company use the company’s rich customer data to create a personalized storefront for customers based on their style preferences, browsing history and past rentals. The company’s understanding of its customer improves with each interaction, and the company uses its personalization algorithm to provide personalized size recommendations to each customer at the item level. By showing customers designs they will love that are attractively styled, and likely to fit, the company continues to drive strong loyalty and monetization.
Customer Experience and Community. The company’s customers are deeply engaged, as evidenced by the 43.0 million customer reviews posted as of January 2024. The company continues to make enhancements to its review process designed to allow customers to make smarter choices and feel good about their selections. As the company’s community has grown, Rent the Runway has also benefited from powerful virality and word-of-mouth marketing. 80% of subscribers have shared RTR with at least five people; 43% have shared with over 10 people and 75% of the company’s customers posted themselves wearing Rent the Runway on social media, as indicated by the company’s March 2023 Subscriber Survey.
Sustainability. Renting on the RTR platform results in net environmental savings across water, energy and carbon emissions when compared to purchasing new garments even when accounting for two-way shipping, cleaning and other operations. The company’s business model aims for customers to substitute purchases with rentals and the company has been successful in doing so, as 87% of the company’s subscribers have bought less fast fashion since using RTR3 and 82% buy fewer clothes than they used to prior to joining RTR4.
Unique Brand Partner Approach
The company acquires its products through three channels: Wholesale, Share by RTR and Exclusive Designs. The company procures virtually 100% of its products directly from or in collaboration with brand partners and the company’s business model has been built on shared success with brands. Through their relationships with the company, they get access to unique data and exposure to a broad customer base, and the company’s variety of sourcing channels provides brands with flexibility that is designed to meet their needs and the company. The company’s partnerships with brands have created a significant product advantage. Because the company sources directly from brands, the company also can better control its assortment and acquire styles in the volumes and sizes the company want, the company has access to current season items and all of the company’s items are guaranteed authentic without the cost or infrastructure of traditional authentication platforms.
Wholesale
Wholesale includes products the company acquires directly from its brand partners, typically at a discount to wholesale price based on the company’s scale. The company has observed that the original retail prices set by the brands are often at an approximately 2.5x mark-up to the wholesale price. As the company continues to expand its selection and grow the share of the company’s assortment acquired from a designer, the company benefits from greater discounts on product acquisition.
Share by RTR
Through Share by RTR, the company acquires items directly from brand partners on consignment, at zero to low upfront cost and revenue share with the company’s brands each time an item is rented. The revenue share fees are calculated net of a logistics fee charged to the brands for each rental. If a piece is in greater demand, it will drive higher revenue, which could result in brands earning more on the item over time than if it had been sold through Wholesale, generally subject to a maximum cap. Share by RTR aligns incentives between brands and RTR and alleviates product risk as it is largely a pay-for-performance model.
Exclusive Designs
The company leverages its data to create highly desirable Exclusive Designs in collaboration with select brand partners, celebrities and influencers that the company manufactures through third-party partners to be more durable and at approximately 50% lower cost than Wholesale. The company provides a data blueprint to brands and, based on this data, they design new collections for the company that carry their brand name.
The company’s Exclusive Designs collections enable its brand partners to innovate their businesses and enter into new product lines at reduced cost to them. All of the styles are exclusive to rent on RTR for a period of time, after which brands may monetize these exclusive designs through other channels, typically subject to a royalty fee payment to Rent the Runway, which the company has not begun to earn to date. Increases (or decreases) in the proportion of total items acquired via Exclusive Designs, as well as the usage of Exclusive Designs items may increase (or decrease) variable expenses recorded in the Rental product depreciation and revenue share line item on the company’s consolidated statement of operations. The company also has a small number of products bearing the company’s trademarks, which are non-exclusive designs produced by third party partners at a significantly lower average cost than Wholesale to strategically fill assortment gaps.
Data Approach
One of the company’s significant differentiators is the vast amount of quality, actionable data that the company is able to collect on its customers and its products. The company leverages this data to create benefits for its customers, the company’s brand partners and its business.
The company captures thousands of unique data points per subscriber per year and over 20 unique data points per item each time it is rented across four channels including website data, post-wear data, operations data and customer data. The company also identifies and tags approximately 75 detailed attributes per style. By mapping the company’s interactions with its products’ inherent attributes, the company creates a feedback loop which allows the company to optimize the supply of products in ways that would be difficult for traditional retailers to achieve or replicate.
The company’s differentiated business model enables the company to collect substantially more data than others in the company’s space and the company uses this data to continuously improve the customer experience. Customers learn that providing data enhances their experience on the platform over time, which enables the company to collect even more data from them. This flywheel helps propel the exponential growth of the company’s post-wear, customer and operations data. The company uses its data to create the most relevant assortments and personalized experiences for the company’s customers, which in turn helps to drive loyalty. As the company learns more about a customer, the company’s personalized features give the company greater ability to direct her towards the items that optimize both customer lifetime value and rental product return on investment for the company.
The company’s data advantage benefits brand partners in numerous ways:
Understanding the Garment Life Cycle: The company helps partners grow their business through the data the company provides. Product longevity data often help the company’s brands increase the life of their garments, which can support their sustainability goals.
Understanding Customer Demand: As the company’s customers wear (or don’t wear) and review items, the company can assess demand due to the company’s robust attribution of products paired with customer interaction data. This data highlights growth opportunities for brands, as well as areas for improvement.
The company’s data also allows the company to continually optimize the return on investment on products and customer lifetime value, which are dependent on the following inputs, all of which continuously improve as the company’s business scales.
Scientific Product Acquisition: The company’s data provides a comprehensive picture of the company’s products by bringing together customer feedback, operations data and inherent product attributes. The company’s analytics teams utilize this data to optimize the styles the company need and the quantity per style.
Price Optimization: The company optimizes pricing on its products across Subscription, Reserve and Resale by using data to take into account demand signals and the expected useful life and turns of each item. The company has the flexibility to optimize prices based on the business needs.
Lower Cost Product: The company leverages its data to create highly desirable Exclusive Designs in collaboration with the company’s brand partners, influencers and celebrities that the company manufactures to be more durable at significantly lower cost.
Longer Product Life: The company’s feedback to brands helps the company customizes for higher longevity of its products - the company understands how to clean and care for garments to maximize multi-year monetization and incremental turns per unit.
Data Science
Data powers the company’s technology and logistics operations, from recommender systems to forecasting. The company has created data science algorithms that help the company achieve better outcomes for the business.
Some of the company’s most impactful proprietary algorithms include:
Deep 1:1 Personalization: For each customer and item, the company computes several scores that measure the affinity of item and customer through factorization machines and deep learning. The company leverages these personalization scores across the business to: rank products on the company’s subscriber personalized storefront and in search results, recommend a specific size within a style on product pages, compute general product relevance at the subscriber level and inform product acquisition, inform sizing of new apparel designs with the company’s brand partners and more.
Retention Predictive Model: The company leverages a retention predictive model to understand the relative importance of various drivers of loyalty and long-term value, at the single customer level to understand which interventions have the highest probability of improving customer retention. The company regularly leverage this data to experiment with different approaches to retain customers based on this model in a targeted and personalized way.
Computer Vision for Products: For each style in the company’s assortment, the company generates an embedding with over 2,000 visual style dimensions using deep learning that capture color, pattern shape, sleeve length, etc. The company leverages this data as a feature in the company’s recommender systems, to cluster styles to inform product acquisition and provide product attributes in the company’s product catalog amongst other uses.
Technology and Logistics Platform
The company has built a cohesive platform that pairs proprietary and third-party software with differentiated infrastructure and hardware all tailored to the sharing economy of physical goods. The company’s proprietary software and key integrations with third-parties leverage the company’s vast and unique dataset to optimize key outcomes for RTR.
Proprietary and Third-Party Software and Systems
The company has purpose-built technology to support three key areas of the company’s business: Customer Facing e-Commerce (including 2-Way e-Commerce), Rental Reverse Logistics, and Merchandising & Products Control.
Customer Facing e-Commerce (including 2-Way e-commerce)
The company has a 2-way relationship with its customers — in that nearly every item is returned and the customer provides feedback. The company has built custom frontend platforms that support Subscription, Reserve and Resale in one cohesive experience for the customer, which allows the company to optimize its product offering for the customer based on her needs.
In 2023, the company made improvements across its technology stack, including continued improvements to the company’s cloud infrastructure, to enable greater scale, enhanced resiliency and faster site speed. The company continues to focus on improving the performance of the company’s website and mobile application, including increasing site speed and reliability to improve the customer experience and keep pace with industry standards.
Rental Reverse Logistics
The company designed its technology and reverse logistics operations to support the processes in the company’s fulfillment centers and ensure that the company can process orders efficiently and extend the useful life of the company’s products.
Garment Science:
Cleaning Intelligence: The company has over a decade of data and expertise in optimizing the life of a garment by leveraging different cleaning and care methods.
Cleaning Automation: Automation supports dynamic sorting of items into as many as 23 different cleaning programs.
Garment Care and Restoration: All units undergo one or more quality audits before being available to rent for the next customer.
Intelligent Fulfillment Network: The company’s unified booking engine, the ‘brain’ of the company’s distribution capabilities, dynamically manages decisions such as which fulfillment center to ship a unit from or which transportation type to select to reduce cost. The company is therefore able to maintain uptime throughout the year, such as during snowstorms or power outages by moving demand to another facility.
Optimized Storage: Garments and accessories are stored in multi-story pick modules that utilize both on-hanger and flat pack storage solutions. All items are stored randomly, maximizing the utilization of cubic storage space. Random storage allows for efficient putaway of garments and dynamically created pick paths that save labor cost.
RFID: The company tag each unit and all reusable garment bags with RFID tags, which increases throughput, reduces cost, improves rental product control and enables new forms of automation. Since launching RFID tags in 2021, hundreds of thousands of scans each day are created by these tags in a fraction of a second, replacing manual barcode scans that took much longer.
Fulfillment Efficiency: The company has automated various parts of the fulfillment process including picking, order consolidation and packing. The company’s fulfillment engine dynamically prioritizes customer orders based on promised delivery date, transportation departure schedules and available capacity.
Transportation Innovation: The company has invested in an outbound and inbound network that allows its customers to receive packages and return items efficiently via national returns logistics providers, including through the company’s convenient at-home pickup program.
Merchandising and Product Control
The company’s proprietary product catalog system is the backbone of its rental product management. A flexible taxonomy supports myriad types of products which goes well beyond women’s fashion, and allows the company to ingest and manage items at the SKU level, functionality that does not typically exist in off-the-shelf inventory management systems. This system uses a combination of manual and dynamic image-algorithm-driven attribution to assign product attributes per style, making the ingestion of new styles into the Rent the Runway catalog fast and easy without sacrificing valuable data collection. The catalog serves as the starting point for products at RTR, and drives many areas of the Rent the Runway website and operation including quality control, search, navigation, and filtering.
While the company has built the majority of its circular platform, the company strategically leverages third-party software for commodity functionality where the company’s problems are not unique. These include pieces of the customer experience and service tools and enterprise resource planning capabilities.
Logistics Infrastructure
Within the company’s warehouses, the company has integrated best-in-class garment care equipment, internally and externally developed software and proprietary cleaning programs to deliver high-end garment processing at massive scale. The company has implemented large-scale, innovative automation and other processes for garment storage, picking, shipping, receiving and restoration of garments to excellent condition. These processes have resulted in labor and other cost savings, while increasing the company’s total shipment capacity and increasing the longevity of products, the company’s biggest asset.
Strategic Distribution: The company has two fulfillment centers, in Arlington, Texas and Secaucus, New Jersey totaling approximately 486,000 square feet. The company has the capacity to store more than two million garments and accessories on multiple floors across the company’s fulfillment centers. The company intends to deliver industry leading fulfillment promises with a goal of delivering orders within two to three business days.
Garment Care Hardware: The company’s facilities are equipped with a curated set of over 450 pieces of digitally integrated garment care hardware including wet cleaning, dry cleaning and spray cleaning machines; dryers, steam tunnels, pressers, spotting boards, auto-baggers and commercial sewing machines.
Processing: Garments flow through the facility on both rail and belt-driven conveyance guided by RFID tags linked to a massive array of cleaning instructions set by the company’s proprietary operating system. A variety of item types are sorted based on cleaning, storage and repair methods. After discrete processing, they fall back into continuous flow and random storage, which drives labor efficiency and maximizes use of physical space.
Proven Scalability: The company’s infrastructure is highly scalable and the company expect the company’s weekly processing capacity to increase over time. The process improvements the company has made have enabled the company to expand its capacity to handle at least 4x its active subscriber count at the end of 2023 in the company’s two facilities with minimal additional investment.
Transportation Management: In August 2023, the company completed a new transportation deal with a major national carrier to lock in competitive rates and consolidate the vast majority of the company’s shipping needs. This partnership will enable the company to continue serving its customers with premium delivery and return service, and to further expand its elevated returns and delivery experience like At-Home Pick Up and Saturday Delivery. The company also partners with other service providers in certain markets in order to serve the company’s customers effectively.
2024 Strategy
The company’s plans include continuing to innovate and improve its on site experience for both prospects and active customers, with a focus on styling, merchandising, onboarding, and checkout to improve customer conversion and retention. The company is also continuing to focus on improving the company’s customers' experience with its rental product by maintaining availability and increasing the depth of the company’s buys.
In addition, the company plans to devote substantial attention to the company’s marketing efforts.
Seasonality
The company experience seasonality in its business, which has been impacted due to the effects of COVID-19, the macro environment, and business decisions. For the company’s Subscription rentals, the company typically acquires the highest number of subscribers in March through May and September through November, as these are the times customers naturally think about changing over their wardrobes. The company generally sees a higher rate of subscribers pause in the summer, and in mid-December through the end of January. In the third and fourth fiscal quarters (year ended January 31, 2024), the company’s Reserve business historically (prior to COVID-19) benefited from increased wedding and holiday events but this seasonality has varied since the onset of COVID-19. In 2022, a price increase of the company’s Subscription programs in April 2022 affected traditional seasonal patterns. In 2023, changes in rental product in-stock levels and changes to promotional prices also disrupted typical seasonality.
The company also experiences seasonality in the timing of expenses and capital outlays. Transportation expense, and therefore fulfillment cost, is typically highest in the fourth fiscal quarter, given typical timing of carrier rate increases, higher service levels, such as more costly and expedited shipping, and competition during holidays. The company’s most significant product capital expenditures typically occur in the first fiscal quarter and the third fiscal quarter, when the company acquires product for the upcoming fall and spring seasons. However, the impact on cash is typically dependent on timing of receipt of product.
Government Regulation
Because the company receives, uses, stores, transmits, and discloses personal data relating to customers on the company’s platform, the company is subject to numerous laws and regulations in the United States and other countries where the company does business, as well as industry standards, relating to privacy, data security and data protection, direct marketing, and online advertising. Such laws, regulations, and industry standards include, but are not limited to, Section 5(a) of the Federal Trade Commission Act, the Telephone Consumer Protection Act of 1991 and all regulations promulgated thereunder, the Controlling the Assault of Non-Solicited Pornography And Marketing Act of 2003, the California Consumer Privacy Act of 2018, the California Privacy Rights Act of 2020, the California Online Privacy Protection Act, and the Payment Card Industry (‘PCI’) Data Security Standard.
Intellectual Property
As of January 31, 2024, the company had five issued patents in the United States that expire between 2031 and 2038 and three issued foreign patents.
The company registers its brand names and product names, taglines and logos in the United States to the extent the company determine appropriate and cost-effective. As of January 31, 2024, the company had a total of 25 registered trademarks in the United States and 68 registered trademarks in non-U.S. jurisdictions, as well as certain pending trademark applications. As of January 31, 2024, the company had also registered a total of 15 copyrights. The company also registers domain names for certain websites that the company uses in its business, such as www.renttherunway.com, as well as similar variations to protect the company’s brands and marks from cybersquatters.
History
Rent the Runway, Inc. was founded in 2009. The company was incorporated in Delaware in 2009.
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