Saks Off 5th partners with Rent the Runway to offer pre-owned fashion
Saks Off 5th, the luxury off-price destination, has partnered with Rent the Runway to offer its customers access to pre-loved designer fashion.
A selection of pre-owned merchandise from Rent the Runway is now available on Saks Off 5th.com, spanning hundreds of styles from more than 60 designer brands. According to Saks, all are priced at up to 85% off.
Paige Thomas, president and chief executive of Saks Off 5th, said: “At Saks Off 5th, we’re focused on providing access to designer fashion at an incredible value and we continue to look for innovative ways to expand our offering and deliver on that promise for our customers. Through this unique relationship with Rent the Runway, we’re introducing new brands, providing exceptional deals and offering pre-owned apparel from a trusted partner that resonates with our customers.”
A recent survey conducted with Saks Off 5th customers revealed that more than 70% of respondents had previously purchased pre-owned clothing, shoes or accessories. Furthermore, some 80% said they wanted the opportunity to purchase pre-owned fashion directly from the retailer.
All items sold by Saks Off 5th have been deemed to be in ‘excellent condition’ by Rent the Runway and are identified on Saks Off 5th.com by a Rent the Runway-specific badge.
Jennifer Hyman, chief executive and co-founder of Rent the Runway, said: “This partnership with Saks Off 5th bolsters and reinforces Rent the Runway’s mission to introduce an even wider audience to the immense value–both environmental and financial–of pre-loved fashion,
“Whether renting or shopping resale, the second hand economy is a critical part of creating a more sustainable future for our industry. Saks Off 5th is known for offering incredible designer goods at great prices, which is a fantastic launch pad to educate more consumers, and help to extend the life of these garments.”
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