Former Nordstrom execs descend on Rent the Runway
The company’s interim CEO, interim CFO and chief commercial officer all have ties to the department store. Meanwhile, the apparel rental company’s revenue grew over 29% in Q1.
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Rent the Runway co-founder Jennifer Hyman steps down as CEO
Longtime Nordstrom veteran Teri Bariquit, once the department store’s chief merchant, will take over as interim chief executive officer and president.
Rent the Runway turns to marketplace, other sideline businesses to stoke revenue
The subscription site is also launching more than 30 new brands and expanding its “everyday” and “workwear” assortments.
Urban Outfitters Inc. builds out second phase of automation in Missouri facility
The distribution center, which supports its Nuuly rental brand, will accelerate its digital business and create gains in delivery and logistics.
Saks Global faces more rent disputes amid bankruptcy
A group of mall landlords says as much as $19 million in unpaid rent piled up in the two weeks after the luxury department store’s…
Mattel chief commercial officer to exit
Steve Totzke will stay with the company through the end of the year in an advisory role. Meanwhile, Sanjay Luthra has been appointed to his…
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