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Pride of ownership has given way to pride of access: Rent the Runway CEO

Rent the Runway's CEO explained the company's vision for a "living closet." Image credit: Rent the Runway

 

NEW YORK – Consumers are becoming less interested in acquisition and more interested in access, as trends ranging from urbanization to a Marie Kondo mentality make shoppers more mindful about their consumption, according to the CEO of Rent the Runway.