Menswear Fashion Rental Marketplace, Garmentry, Launches in the UK
Grace Mahas — March 29, 2021 — Business
References: garmentry.fashion & rli.uk
Garmentry, the menswear fashion rental marketplace that offers rentable, occasion-specific pieces and accessories, recently launched in the UK. The brand operates on a commission-based model, meaning users can list items that can be rented with the brand receiving a 15% cut. The marketplace appeals to environmentally-conscious consumers looking to limit some of the environmental damage associated with the fashion industry.
Chief Executive Officer, Callum Bramley commented: “Over the last few months we’ve had a great response from our audience prior to launch, with hundreds of signups rom men around the country all wanting to rent or lend their wardrobe. We want this platform to revolutionise rental in menswear outside of suiting, enabling people to experiment with fashion while also leading a more sustainable lifestyle.”
Image Credit: Garmentry
Chief Executive Officer, Callum Bramley commented: “Over the last few months we’ve had a great response from our audience prior to launch, with hundreds of signups rom men around the country all wanting to rent or lend their wardrobe. We want this platform to revolutionise rental in menswear outside of suiting, enabling people to experiment with fashion while also leading a more sustainable lifestyle.”
Image Credit: Garmentry
Trend Themes
1. Fashion Rental Marketplaces - The rise of Garmentry in the UK suggests that more retailers may adopt commission-based rental models, offering consumers more sustainable fashion options.
2. Occasion-specific Rentable Pieces - The success of Garmentry indicates that there is a demand for occasion-specific pieces in fashion rental marketplaces, creating opportunities for niche rental services.
3. Environmental Consciousness in Fashion - The popularity of Garmentry highlights the trend of environmentally-conscious consumers looking for ways to limit the environmental damage caused by the fashion industry.
Industry Implications
1. Fashion and Apparel Industry - The rise of fashion rental marketplaces like Garmentry presents opportunities for retailers to adopt sustainable and profitable business models to meet the growing demand for eco-friendly fashion options.
2. Sharing Economy Industry - The successful launch of Garmentry suggests that the sharing economy model has potential to extend beyond transportation and lodging to become a disruptor in the fashion industry.
3. Sustainability Consulting Industry - The trend of environmental consciousness in fashion creates opportunities for sustainability consulting firms to offer expertise to fashion companies looking to adopt more eco-friendly business practices.
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