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Report: The money behind women’s closet doors
New York -- Women have a real investment hiding in their closets, according to a survey by Alliance Data’s Card Services business, which manages store-brand credit card programs for retailers.
One-fourth of survey respondents indicated the total value of the items in their closet to be from $1,000 to $2,499, and 17% valued the contents between $5,000 and $9,999.
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Rent the Runway taps industry vet for key position
New York - Fashion retailer Rent the Runway has hired industry veteran Chris Halkyard as the company's first chief logistics officer, effective Aug. 1. In his role, Halkyard will oversee Rent the Runway's logistics platform, including the company's proprietary reverse-logistics operations and transportation network.

