15 Mar 2010, Posted by admin in 20 Questions, Fashion, 0 Comments
20 Questions With Rent-the-Runway
Think of Rent the Runway (RTR), an online dress rental business, as the Netflix for party dresses. Thanks to this startup from co-founders Jennifer Fleiss and Jennifer Hyman, the latest designer threads can now be yours to rent and wear for that special night out (and then returned in a pre-paid package the next day). The service will bring you one step closer to mimicking Carrie Bradshaw’s wardrobe options without breaking your wallet. In this edition of 20 questions the two Jennifers share insights on their business, offer some great career advice, and demonstrate the positive impact that RTR can have on fashionistas, designers, and retailers alike.
Jennifer Sung: Can you briefly share your educational and career background before you launched Rent the Runway?
Jennifer Fleiss: I graduated from Yale and afterwards, I worked at Morgan Stanley and Lehman Brothers in their Strategic Planning group. I was basically an internal consultant, looking at strategic growth opportunities for them. Afterwards, I attended Harvard Business School where I met my co-founder Jennifer [Hyman] who had previously graduated from Harvard College and worked in ad sales at Starwood Hotels and the WeddingChannel.com. We were always aspirational entrepreneurs and became good friends in business school.
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