What milestone did Rent the Runway achieve with its IPO?
Rent the Runway CEO on IPO, Says Paltrow Helps With Brand

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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
First company to empower women through fashion
First company to disrupt the fashion industry
First company to go public with a female CEO, founder, and CFO
First company to offer a closet in the cloud
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the strategic choices Rent the Runway plans to make with the capital raised from the IPO?
Reduce subscription fees
Increase brand awareness
Expand into men's fashion
Open more physical stores
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does Rent the Runway plan to drive subscription growth?
By leveraging former customers and increasing brand awareness
By offering discounts to new customers
By expanding into international markets
By reducing the number of rental options
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the pandemic affect Rent the Runway's operational capacity?
It caused significant supply chain issues
It led to a reduction in workforce
It decreased their shipment volume permanently
It allowed them to innovate and increase capacity
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the vision of Rent the Runway regarding the fashion industry?
To eliminate the need for physical stores
To reduce clothing waste through rental and subscription models
To become the largest retailer of new clothes
To focus solely on special occasion rentals
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role does Gwyneth Paltrow play in Rent the Runway's strategy?
She is the CEO of the company
She helps with marketing and brand strategy
She designs the clothing line
She manages the supply chain operations
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has Gwyneth Paltrow contributed to Rent the Runway's recent brand campaign?
By increasing the company's operational capacity
By providing insights into the fashion industry
By designing new clothing items
By reducing the cost of subscriptions
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