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Report: Clothing rental market to grow by 3 billion dollars from 2021 to 2026
12 days ago - By Fashion United
Image: Unsplash
Technology research and advisory company Technavio released a report on the growth of the clothing rental market, pointing out its estimated increase by 3 billion dollars from 2021 to 2026 and highlighting key findings on this development.
Vendors have latched onto experiential marketing as a beneficial tool, actively involving the consumer in their strategies, such as live marketing, participation marketing, and loyalty and event marketing, which seem to generate more purchases for online fashion platforms according to the report. A big key factor in the rising numbers are...
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