description Jennifer Hyman Overview
Jennifer Hyman is an American entrepreneur and the co-founder of Rent the Runway, a fashion-rental company established in 2009 with Jennifer Fleiss. The service lets customers rent designer clothing and accessories for temporary use through recurring subscription plans and individual rentals. Hyman has led the company as its chief executive and is associated with the development of rental as an alternative to purchasing occasionwear and other higher-priced fashion items. Her work is relevant to fashion, retail, and subscription commerce.
help Jennifer Hyman FAQ
What did Jennifer Hyman co-found?
Jennifer Hyman co-founded Rent the Runway with Jennifer Fleiss in 2009. The company lets customers rent designer clothing and accessories instead of buying every item outright.
How does Rent the Runway's business model work?
Rent the Runway offers temporary access to designer fashion through rental transactions and recurring subscription plans. Customers can use clothing for a limited period and return it rather than keeping it permanently.
Who is Jennifer Fleiss in relation to Jennifer Hyman?
Jennifer Fleiss was Jennifer Hyman's co-founder at Rent the Runway. The two established the fashion-rental company together in 2009.
Why is Jennifer Hyman associated with fashion technology?
Her company used online ordering, logistics, and recurring subscriptions to make designer clothing rental more practical. That model connected traditional fashion with a technology-enabled access business.
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