Rent the Runway

Rent the Runway is an online fashion rental platform that allows users to rent designer dresses, clothing, and accessories for special occasions or everyday wear. The website offers a wide selection of styles and sizes from top designers, giving customers the opportunity to wear high-end fashion without the hefty price tag. With convenient delivery and returns, Rent the Runway provides a hassle-free experience for those who love to experiment with their style or want to make a statement at events. Whether it's a wedding, party, or business meeting, the platform gives users an affordable and sustainable way to access coveted fashion items.

In 2019, the fashion rental service came in at 5th place on CNBC's Disruptor 50 list, alongside the likes of Uber and Airbnb.startingbusiness.comAs one of the first players in the retail experience economy, Rent the Runway has become an innovator within the fashion industry.

Rent the Runway, which has made a lot of big hires this year to support its fast-growing rental service, added a couple of new fresh faces to its executive team today.wwd.comRent the Runway tapped Scarlett O'Sullivan as chief financial officer and Maureen Sullivan as the president of its events business.

“As long as Rent the Runway has a very good selection of products and a good selection of brands, it doesn't have to have every single brand.”voguebusiness.comSaunders says that Rent the Runway can reach profitability even without higher-end luxury brands like Gucci and Louis Vuitton signing on soon.

  • Encrypted
    Site is Encrypted

  • Country
    Hosted in United States

  • City
    San Antonio, Texas

  • Latitude\Longitude
    29.4889 / -98.3987    Google Map

  • Traffic rank
    #18,385 Site Rank

  • Site age
    15 yrs old

  • Site Owner information
    Whois info

  • Stock price
    RENT,RENT,RENT,(NASDAQ),3.16 USD,3.16 USD,3.16 USD,,+0.21 (7.12%)

  • Traded as
    Nasdaq,:,RENT

  • Founded
    2009

  • Headquarters
    New York City,, USA

  • Founder(s)
    Jennifer Hyman,Jennifer Fleiss

  • Key people
    Jennifer Hyman, CEO

  • Type of business
    Public

  • Revenue
    $100 Million (2017)

Traffic rank
#18,385
Site age
15 yrs
Location
United States
Popular Questions for Rent the Runway
Newest job postings for Rent the Runway
via The Muse schedule_type: Full-time
About Us: Rent the Runway (RTR) is transforming the way we get dressed by pioneering the world’s first Closet in the Cloud. Founded in 2009, RTR has disrupted the $2.4 trillion fashion industry by inspiring women with a more joyful, sustainable and financially-savvy way to feel their best every day. As the ultimate destination for circular fashion, the brand now offers infinite points of access... to its shared closet via a fully customizable subscription About Us:

Rent the Runway (RTR) is transforming the way we get dressed by pioneering the world’s first Closet in the Cloud. Founded in 2009, RTR has disrupted the $2.4 trillion fashion industry by inspiring women with a more joyful, sustainable and financially-savvy way to feel their best every day. As the ultimate destination for circular fashion, the brand now offers infinite points of access... to its shared closet via a fully customizable subscription to fashion, one-time rental or ownership. RTR offers designer apparel, accessories and home decor from 700+ brand partners and has built in-house proprietary technology and a one-of-a-kind reverse logistics operation. Under CEO and Co-Founder Jennifer Hyman’s leadership, RTR has been named to CNBC’s “Disruptor 50” five times in ten years, and has been placed on Fast Company’s Most Innovative Companies list multiple times, while Hyman herself has been named to the “TIME 100” most influential people in the world and as one of People magazine’s “Women Changing the World.”

About the Job:

In this position you will partner with Operations Senior Management to develop and execute the HR strategies that foster organizational and people effectiveness. The individual in this role must understand business priorities and translate them into an HR agenda that supports the business as it grows rapidly. This role drives overall business performance and employee engagement by proactively diagnosing issues and opportunities and taking the necessary actions to address issues. The HRBP will work with the Senior HR Business Partner in the development and execution of project plans as well as the HR strategies and business objectives, including but not limited to: talent planning, leadership training & development, performance management, workforce planning, communication and diversity initiatives, etc, all of which help further the goals of the organization. The HRBP role is both a strategic and hands-on role that provides full cycle Human Resources support to our 24/6 Fulfillment Center.

The ideal candidate will be a creative, collaborative, results-oriented leader who is particularly adept at balancing multiple priorities and issues and being decisive. A true hands-on approach as well as the ability to successfully monitor the "pulse" of the employees to ensure a high level of employee engagement at all levels of the organization. Experience with rapid and complex changing work environment and high-volume workload is a must. This role requires someone to be dedicated to developing a strong, diverse, and collaborative organization, have a strong work ethic, a passion for managing the details within a growing business and willing to contribute where necessary including the ability to "roll up your sleeves."

What You’ll Do:
• Execute our people initiatives, providing great internal customer support, and driving HR functional excellence and process improvement
• The ability to understand business goals and recommend new approaches, policies and procedures to effect continual improvements in business objectives, productivity and development of HR within the company
• Guide and advise leaders in corrective action, development plans, employee terminations, etc.
• Coaching and mentoring at management level
• Responsibility for operations management talent movement and development
• Ownership of management Learning & Development programs including creation of facilitator guides, participant guides, Powerpoint decks, and job aids to support the learning opportunities and key gaps in leadership
• Creating and driving effective development, employee relations, retention and reward programs
• Advise leaders regarding legal and regulatory compliance: FMLA, ADA, FLSA, EEO, OSHA, Safety, etc.
• Partner with senior leadership to drive performance management at all levels of the organization
• Ensure consistent policy implementation and adherence
• Facilitate, partner as necessary and use sound judgement to resolve employee relation concerns
• Partners with operations leadership in the development of engagement action plans based on their Employee Engagement Survey results in alignment with company goals

About You:
• Bachelor’s Degree in HR, Business or related field; advanced HR degree preferred
• At least 2-3 years in a dedicated HR role with at least 2 years of HR management experience
• The ability to manage multiple priorities simultaneously - orientated on results
• Experience interpreting and applying HR policies, procedures, programs and processes
• Passion for innovative HR solutions and process improvement
• A strong solution focus and be comfortable working in an environment which demands strong deliverables along with the ability to identify problems and drive appropriate resolutions
• Previous experience training management level
• Experience in a manufacturing or warehouse environment
• Excellent problem solver with a proven track record of driving results
• Outstanding interpersonal, oral, and written communication skills
• Excellent computer skills including Microsoft Office Products, Internet navigation, HRIS systems
• Able to create, analyze, report and manipulate data as it relates to HR metrics
• Bilingual in Spanish - a plus

Benefits:

At Rent the Runway, we’re committed to the wellbeing of our employees, and aim to create a workplace that fosters both personal and professional growth. Our inclusive benefits include, but are not limited to:
• Paid Time Off including vacation, paid bereavement, and family sick leave - every employee needs time to take care of themselves and their family.
• Universal Paid Parental Leave for both parents + flexible return to work program - because we know your newest family member(s) deserve your undivided attention.
• Paid Sabbatical after 5 years of continuous service - Unplug, recharge, and have some fun!
• Exclusive employee subscription and rental discounts - to ensure you experience the magic of renting the runway (and give us valued feedback!).
• Comprehensive health, vision, dental, FSA and dependent care from day 1 of employment - Your health comes first and we’ve got you covered.
• 401k match - an investment in your future.
• Company wide events and outings - our team spirit is no joke - we know how to have fun!
• Role is onsite out of our Secaucus facility, 5 days per week

COVID-19 VACCINE REQUIREMENT:

RTR is requiring all US corporate employees to be fully vaccinated for COVID-19 in order to work in person, unless an employee requires a reasonable accommodation for medical or religious reasons. If you believe that you may require an accommodation, please apply for any roles that interest you and if hired, you will receive information on how to request a reasonable accommodation after your start date. RTR will evaluate all such requests in accordance with Company policy and applicable law.

Rent the Runway is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant or employee based on any legally-recognized basis, including, but not limited to: race, color, religion, sex (including pregnancy, lactation, childbirth or related medical conditions), sexual orientation, gender identity, age (40 and over), national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing and characteristics), veteran status, uniformed service member status or any other status protected by federal, state or local law
Show more details...
via Greenhouse schedule_type: Full-time
About Us: Rent the Runway (RTR) is transforming the way we get dressed by pioneering the world’s first Closet in the Cloud. Founded in 2009, RTR has disrupted the $2.4 trillion fashion industry by inspiring women with a more joyful, sustainable and financially-savvy way to feel their best every day. As the ultimate destination for circular fashion, the brand now offers infinite points of access... to its shared closet via a fully customizable subscription About Us:

Rent the Runway (RTR) is transforming the way we get dressed by pioneering the world’s first Closet in the Cloud. Founded in 2009, RTR has disrupted the $2.4 trillion fashion industry by inspiring women with a more joyful, sustainable and financially-savvy way to feel their best every day. As the ultimate destination for circular fashion, the brand now offers infinite points of access... to its shared closet via a fully customizable subscription to fashion, one-time rental or ownership. RTR offers designer apparel, accessories and home decor from 700+ brand partners and has built in-house proprietary technology and a one-of-a-kind reverse logistics operation. Under CEO and Co-Founder Jennifer Hyman’s leadership, RTR has been named to CNBC’s “Disruptor 50” five times in ten years, and has been placed on Fast Company’s Most Innovative Companies list multiple times, while Hyman herself has been named to the “TIME 100” most influential people in the world and as one of People magazine’s “Women Changing the World.”

About the Team:

The RTR product team is data-driven, experimental, iterative, and customer-obsessed. We're energized by defining new behavior in the rental ecosystem and are constantly looking for new ways to delight our customers. We believe in and embody RTR’s core values - including thinking of ourselves as founders, dreaming big, being scrappy but not crappy, fostering debate and honest conversations and bringing our authentic selves to work every day.

About the Role:

As the Director of Product Management, Consumer, you will lead a team of product managers who own our Growth strategy, key consumer technical tools, and our customer-favorite iOS app. You and your team will be responsible for setting and executing on the long-term Growth strategy across our business lines (subscription, one-time rental, resale). Growth of our customer base encompasses two parts: acquiring new customers and providing value to retain our existing customers. You will oversee the continued investment in our technical tools like our CMS, experimentation platform and our iOS app, crafting a long-term vision in partnership with Engineering. Your team is responsible for rebuilding the iOS app - by far the most popular way our subscribers shop - to lay the foundation for the future, while regularly delivering value to the many customers who use it frequently. You will influence across and up, setting the vision for long-term investment in the products your team owns.

You will partner with engineering, product design, data science, analytics and business stakeholders across the organization to develop best-in-class solutions to acquire new customers and drive loyalty across our websites and app. Your work will span far beyond the Consumer product team, partnering with teams including Revenue, Marketing, Creative, and Fashion/Inventory.

What You’ll Do:
• Lead and develop a team of product managers setting and delivering on highly visible and company critical goals
• Build cross-functional teams tasked with continuous product discovery and delivery
• Cultivate a deep knowledge of the RTR customer, their pain points, and what makes them love their experience with RTR
• Prioritize rigorously across a number of business and technical investment areas
• Build the systems, tools and processes that will enable your team to succeed in the short- and long-terms
• Define the right success metrics and set clear targets to constantly strive for improvement
• Drive execution and ensure the team delivers the desired business outcomes efficiently
• Build the cross-functional relationships with other orgs within RTR that will ensure your team is building alongside our other subject matter experts
• Communicate plan and progress to key internal partners and executives. Actively listen and respond to feedback
• Maintain a solid pulse on market trends and conduct ongoing evaluations of relevant 3rd party offerings, to ensure our systems and processes are best-in-class.
• Contribute to creating a learning culture and a fun, rewarding workplace where people can realize their full potential

About You:

We are looking for a Product leader with experience in platform thinking, creating strong partnerships and who balances pragmatism with forward-thinking leadership. The right candidate will have a strong technical background and good business sense.
• 8+ years of product management experience, including people management
• You are a confident and influential communicator. From engineers to executives, you know how to talk and listen in remote & in-person environments. You’re skilled at bringing stakeholders along in your decision-making process and are adept at telling a story that supports your recommendations and inspires teams.
• You’re a relationship builder who engages well with stakeholders, understands their objectives and constraints and earns their trust.
• You create vision and clarity from complexity and ambiguity. You are comfortable and energized by uncharted problems.
• You’re constantly learning. You run experiments to validate assumptions and mitigate risks. You are flexible and able to change direction as you learn.
• You're a builder. You are excited about creating new products that deliver significant business impact.
• You thrive in change. You are entrepreneurial in spirit with a passion for disruption.
• You’re both a high level strategic thinker and a roll-up-your-sleeves operator who does what it takes to get things done and deliver results.
• You're analytical. You turn data into actionable insights.
• You enjoy getting technical. You’re comfortable working with engineers day-to-day and able to participate in technical discussions. You have basic knowledge of data structures, experiment design, and using self-service analytics tools (like Google Analytics or Looker) to make decisions
• You have experience working in scrum/agile management methodologies.

Benefits:

At Rent the Runway, we’re committed to the wellbeing of our employees, and aim to create a workplace that fosters both personal and professional growth. Our inclusive benefits include, but are not limited to:
• Paid Time Off including vacation, paid bereavement, and family sick leave - every employee needs time to take care of themselves and their family.
• Universal Paid Parental Leave for both parents + flexible return to work program - because we know your newest family member(s) deserve your undivided attention.
• Paid Sabbatical after 5 years of continuous service - Unplug, recharge, and have some fun!
• Exclusive employee subscription and rental discounts - to ensure you experience the magic of renting the runway (and give us valued feedback!).
• Comprehensive health, vision, dental, FSA and dependent care from day 1 of employment - Your health comes first and we’ve got you covered.
• 401k match - an investment in your future.
• Company wide events and outings - our team spirit is no joke - we know how to have fun!
• Hybrid Work - our corporate employees have the option to work remotely 2 days a week, in accordance with Company policies.

COVID-19 VACCINE REQUIREMENT:

RTR is requiring all US corporate employees to be fully vaccinated for COVID-19 in order to work in person, unless an employee requires a reasonable accommodation for medical or religious reasons. If you believe that you may require an accommodation, please apply for any roles that interest you and if hired, you will receive information on how to request a reasonable accommodation after your start date. RTR will evaluate all such requests in accordance with Company policy and applicable law.

Rent the Runway is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant or employee based on any legally-recognized basis, including, but not limited to: race, color, religion, sex (including pregnancy, lactation, childbirth or related medical conditions), sexual orientation, gender identity, age (40 and over), national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing and characteristics), veteran status, uniformed service member status or any other status protected by federal, state or local law.

_________

The anticipated base salary for this position is $168,000 - $210,000. The actual base salary offered will depend on a variety of factors, including without limitation, the qualifications of the individual applicant for the position, years of relevant experience, level of education attained, certifications or other professional licenses held. This position is also eligible for equity compensation
Show more details...
via Girlboss Jobs schedule_type: Full-time
In this position you will assist key executives at Rent the Runway, providing administrative support in all day to day needs. You will enable some of the company’s most influential leaders to be more efficient by keeping them organized, prepared and on time. You will also help manage the internal operating cadence of the company, liaising with senior leaders to ensure the business runs smoothly... You will also have the opportunity to deal with In this position you will assist key executives at Rent the Runway, providing administrative support in all day to day needs. You will enable some of the company’s most influential leaders to be more efficient by keeping them organized, prepared and on time. You will also help manage the internal operating cadence of the company, liaising with senior leaders to ensure the business runs smoothly... You will also have the opportunity to deal with a diverse group of executives internally and externally, acting as a key representative of the RTR brand.

You are the right fit for this position if you are incredibly organized, passionate about Rent the Runway, proactive and scrappy. To be successful in this role, you must be able to work well under pressure, thrive in a fast paced environment, juggle lots of projects and deadlines at once, and have a proven track record as a stellar executive assistant in a similar work environment. The right candidate could use this role as a jumping off point for other roles within the company over time.

What You’ll Do:
• Provide administrative support to multiple executives (President & COO, CFO and others)
• Manage all aspects of executives’ calendars including: conference calls, appointments, meetings, travel, transportation, etc.
• Support the internal operating cadence of the company in partnership with the business operations team (such as business reviews and company meetings)
• Assist in editing and management of presentations/materials for meetings
• Anticipate the needs of the executives you support, including how to manage their schedules most effectively, when they should visit various locations, etc.
• Create and implement a follow up system on all outstanding scheduling and miscellaneous issues
• Act as a liaison with other departments and outside partners, including other high-level executives and business leaders, board members, vendors, etc.
• Support communication, organization and general business needs as necessary, creating and maintaining documents, folders, filing systems, drives and databases
• Handle business expenses, including reconciling corporate card accounts and creating/ submitting expense reports
• Coordinate catering for exec, board & company meetings / occasional larger scale RTR events as well as meals / coffee for executives on a regular basis
• Work independently and within the EA / RTR team on special and ongoing projects when necessary (i.e. lunch and learns, external and RTR Board meetings, retreats, business dinners, etc.)

About You:
• 3+ years of prior administrative experience
• Relevant work experience in a startup, ecommerce and/or technology based company preferred, or company with similar pace and structure
• Strong interpersonal skills & the ability to handle sensitive and confidential situations. Position continually requires demonstrated poise, tact and diplomacy
• Proven ability to thrive in a fast paced environment and demonstrate ability to juggle multiple competing tasks, deadlines, personalities, long and short term projects, etc.
• Must be able to interact and communicate with individuals at all levels of the organization including senior executives, board members, etc.
• Extreme attention to detail in composing, typing and proofing materials, establishing priorities and meeting deadlines
• Must be forward thinking and constantly one step ahead
• Must be able to appropriately handle confidential information and use best judgment for sharing information
• Proficiency in: word processing, spreadsheets, database and presentation software (Gmail, Slack, PowerPoint, Google Docs, Word, etc.)

Benefits:

At Rent the Runway, we’re committed to the wellbeing of our employees, and aim to create a workplace that fosters both personal and professional growth. Our inclusive benefits include, but are not limited to:
• Paid Time Off including vacation, paid bereavement, and family sick leave - every employee needs time to take care of themselves and their family.
• Universal Paid Parental Leave for both parents + flexible return to work program - because we know your newest family member(s) deserve your undivided attention.
• Paid Sabbatical after 5 years of continuous service - Unplug, recharge, and have some fun!
• Exclusive employee subscription and rental discounts - to ensure you experience the magic of renting the runway (and give us valued feedback!).
• Comprehensive health, vision, dental, FSA and dependent care from day 1 of employment - Your health comes first and we’ve got you covered.
• 401k match - an investment in your future.
• Company wide events and outings - our team spirit is no joke - we know how to have fun!
• Hybrid Work - our corporate employees have the option to work remotely 2 days a week, in accordance with Company policies.

COVID-19 VACCINE REQUIREMENT:

RTR is requiring all US corporate employees to be fully vaccinated for COVID-19 in order to work in person, unless an employee requires a reasonable accommodation for medical or religious reasons. If you believe that you may require an accommodation, please apply for any roles that interest you and if hired, you will receive information on how to request a reasonable accommodation after your start date. RTR will evaluate all such requests in accordance with Company policy and applicable law.

Rent the Runway is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant or employee based on any legally-recognized basis, including, but not limited to: race, color, religion, sex (including pregnancy, lactation, childbirth or related medical conditions), sexual orientation, gender identity, age (40 and over), national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing and characteristics), veteran status, uniformed service member status or any other status protected by federal, state or local law.

The anticipated base salary for this position is $78,400 - $98,000. The actual base salary offered will depend on a variety of factors, including without limitation, the qualifications of the individual applicant for the position, years of relevant experience, level of education attained, certifications or other professional licenses held
Show more details...
Search trends for Rent the Runway