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Rent the Runway posts increase in Q4 revenue, but losses widen

Rental fashion platform Rent the Runway has reported widening losses despite a 91 percent increase in revenue in the fourth quarter. In the three months to January 31, the US business reported revenue of 64.1 million dollars, topping analysts’ estimates of 63.2 million dollars. It came as the company’s active subscribers count shot up 110...

14 Apr 2022