To rent or buy? What's in store for the clothing rental industry in Canada

  • 📰 CP24
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 67%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

A few weeks ago, Carly Soares needed a dress for a wedding and fast.

"I tried going shopping at the mall, but noticed there was a scarce collection of formal dresses," the 30-year-old said. "It was actually very surprising. It's still the pandemic-loungewear kind of vibe throughout a lot of retail stores."

One of the most prominent clothing rental businesses, if not the most, is U.S.-based Rent the Runway, founded in 2009, which quickly became a hit with women who wanted access to designer clothing but didn't want to spend tons of money on outfits they might wear once or twice. According to Drak, Gen Z will be the generation that really moves the industry forward because of their excitement around shopping resale, whether it's for economic reasons, aiming to reduce clothing waste or to find one-of-a-kind pieces.

This would involve a strong understanding of the community the business operates in, the use of high-quality Canada-made items from ethical brands, finding ways to clean and repair clothes in a way that isn't harmful to the environment, and avoiding long-distance shipping. The company launched right before the pandemic, which Gill said was definitely a learning experience.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Why is this so foreign here. This has been a thing for decades in Europe. From dresses to wedding dress you can rent anything and it’s completely normal in Europe.

Why aren’t there any decent coverage on the events happening in IranProtests2022? How can you be so indifferent about your co-workers, neighbours and your community members? CBCNews CBCToronto CTVNews CTVToronto CTVVancouver CBCVancouver Breakfast مهسا_امینی

That's where you can find all the dummies!

MahsaAmini be Iranian's voice

Rent or buying food next?

Value Village seems like a better option.

You can have all of our used jockstrap’s

I’m going to start selling my used underwear skidmarks extra

While parents can’t afford to buy food and kids are starving this is our biggest problem. canada. There’s something wrong with it. LiberalismIsAMentalDisease

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 30. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How green is your grocer? New certification helps Vancouver Island stores improve environmental footprintThe Vancouver Island Green Business Collective grocery certification is the first of its kind in the country and addresses common sources of waste and emissions.
Source: CTVNewsVI - 🏆 28. / 68 Read more »