Rent the Runway Statistics and User Count for 2024
Last Updated on: January 6th, 2024
Here are a few of the most interesting Rent the Runway statistics and facts I was able to dig up including restaurant count, revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Rent the Runway Facts
Here is pretty much everything you ever wanted to know about Rent the Runway.
- Website: Official Website
- Year Founded: 2009
- Headquarters: New York, NY
- Founder(s): Jennifer Hyman and Jennifer Fleiss
- Current Chief Executive: Jennifer Hyman
- App Download (iOS)
Rent the Runway is an American online service that provides designer dress and accessory rentals. The company was founded in 2009 and is headquartered in New York City.
Rent the Runway offers a variety of clothing options for rent, including dresses, tops, skirts, and accessories such as jewelry and handbags. The company has partnerships with over 700 designers, including Diane von Furstenberg, Vera Wang, and Oscar de la Renta.
Customers can rent items for a four or eight-day period, and the company offers various rental plans for different needs and budgets. Rent the Runway also offers a subscription service called “Unlimited” that allows customers to rent and return items on a continuous basis.
Rent the Runway has been praised for its sustainability and eco-friendly approach to fashion, as renting clothing reduces waste and the carbon footprint associated with the production of new clothing. The company has also faced criticism over issues such as customer service and the cleanliness of rental items.
As of 2021, Rent the Runway has expanded beyond dress and accessory rentals to include home decor items such as bedding and pillows.
Rent the Runway Statistics
Rent the Runway Revenue Totals
Rent the Runway annual revenue:
- FY 2022: $203.3 million
- FY 2021: $157.5 million
- FY 2020: $256.9 million
- FY 2019: $235.4 million
Additional Statistics
Number of Rent the Runway employees:
Number of styles on Rent the Runway:
18,000 styles (2021)
Number of designer brands on Rent the Runway:
750+ brands (2021)
Number of items shipped on Rent the Runway:P
GMV of all items shipped on Rent the Runway:
Please note that some of these numbers are easier to find than others. A few of these statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
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