Diane Von Furstenberg Autumn/Winter 2016 Presentation. Courtesy DVF/ INDIGITAL.
Launched in February of last year in partnership with white-label rental service Caastle, DVF Link has shut down its $159-a-month offering, but will continue to partner with Rent the Runway, reports Retail Dive. DVF did not respond to an immediate request for comment.
Rental businesses have suffered over the course of the pandemic: luxury platform Armarium shut down last year and, according to a report in Bloomberg, Rent the Runway has lowered its previous $1 billion valuation.
Credit: Source link
