Rent the Runway isn’t accepting any new subscribers or new event rentals at least until Oct. 15, as the clothing platform runs into a slew of inventory and supply chain issues.
The CEO of e-commerce site eBay parted ways with the corporation yesterday, according to Reuters. Devin Wenig, who has been in the role for four years, cited differences with eBay’s board of directors as the reason he decided to step down.
Fraudsters are constantly becoming more sophisticated in their attacks, as we’ve seen from several hacks and breaches just in the last year – Under Armour, Marriott and Adidas all come to mind. Brands need a strategy to address this growing sophistication, such as a digital trust and safety approach.
It’s been another weird week in retail. Hefty’s new product channels the trashiest personalities, Asos and Off-White go head-to-head for the most useless product, and Kit Kat’s get a pricey makeover.