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Despite Subscription Declines, Rent the Runway Plans to Go Public

Retail TouchPoints

Rent the Runway — which allows users to rent, subscribe and buy designer apparel and accessories — plans to list on the NASDAQ under the ticker “RENT.”. In response, Rent the Runway closed its retail stores , did away with its unlimited subscription plan and launched into resale. million from $256.9 million in 2019. million.

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Claire’s Debuts Subscription Service as it Seeks New Ways to Connect with Gen Z

Retail TouchPoints

Jewelry and accessories retailer Claire’s is tapping into “drop” culture with its newest offering, a subscription box service called cDrop. It also doesn’t hurt that the subscription box sector, which was already experiencing huge growth prior to the pandemic, got a boost from homebound consumers last year.

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Stitch Fix Moves Beyond Subscriptions with Hyper-Personalized Direct Shopping Experience

Retail TouchPoints

Online personal styling service Stitch Fix is continuing to expand beyond its core subscription fashion service into direct buying with the launch of Freestyle, a personalized shopping experience that allows anyone to buy items anytime without being a current subscriber. Because the experience — which is available now for U.S.

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Claire's launches its first subscription service

RetailDive

The accessories retailer is getting into the subscription box space "to foster self-expression" among its Gen Z audience.

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WSJ: Peloton to Cut 500 Jobs as CEO Attempts a Rescue

Retail TouchPoints

Peloton also is using the partnership to court new members, offering a 90-day trial subscription to the Peloton App for Hilton Honors members who are first-time users of the fitness program. The deal has brought Bike, Bike+, Tread and Guide products, as well as select accessories, to more than 100 DICK’S stores and online at DICKS.com.

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Claire’s Files for IPO as it Expands Presence Outside of Malls

Retail TouchPoints

Claire’s is already working to build on this momentum through the launch of its Cdrop subscription box service in September 2021. The themed quarterly drops are aimed at “fostering self-expression” among its core Gen Z demographic with a variety of curated jewelry and accessories in each one.

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Forever 21 Names Longtime Paper Source Leader as CEO

Retail TouchPoints

She joins from Paper Source , where she served as CEO for six years and helped transform the retailer from a brick-and-mortar-focused company into a lifestyle brand with a digital platform spanning social media, digital content, online subscriptions and affiliate partnerships. Park also oversaw its sale to an affiliate of Barnes & Noble.

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