Future of Clothing = Renting?

Posted on

Founded by two graduates of Harvard Business School, Rent the Runway (“RTR”) is an e-commerce business which is trying to transform the way in which women (particularly millennials) consume fashion. Specifically, the company is using technology to move towards a shared economy for clothing and accessories, encouraging women to rent (as opposed to buy).

Making it rain…Chinese Red Packets

When it comes to China’s New Year celebrations, the traditional greeting is no longer “Happy New Year” but “How many digital red packets did you get?” With 409,000 digital red packets sent and received every second via smartphones this year, I hope you got quite a few.