Nuuly reposted this
Nuuly has significantly contributed to URBN’s growth with strong word-of-mouth advocacy and value proposition, with sales growing 62.6% to $90.7 million and the number of active subscribers expanding by more than 25,000 to top 250,000 in the last quarter. This success highlights the power of customer engagement and an effective strategy in the rental market. “This rental concept in general is still something that is very unsaturated in the consumer market,” he said. “We feel like we have a lot of runway ahead of us.” said Dave Hayne, President of Nuuly. Read more on WWD: https://lnkd.in/ekPJn8Qs #nuuly #urbn #wwd
James Anderson
1mo
🚀 Incredible growth for Nuuly! A 62.6% increase in sales and a surge in active subscribers showcase the power of customer engagement in the rental market. At Express Analytics, we recognize the impact of effective strategies in driving success. With so much potential ahead, it’s exciting to see how Nuuly continues to innovate and capture consumer interest. Here’s to more success in the future! 🌟 #CustomerEngagement #GrowthSuccess #RentalMarket
Sidney Howell
1mo
I love the idea of the rental concept! Very innovative! Can't wait to see what's next!
I’m here.. because Etinosa J. Ogbevoen M.A. EXTRAORDINARY content creator, said it’s the @Nuuly way to be!
Ali Dillon
4w
Well done Schuyler Pollard!! Nuuly team is a joy to work with!
Susie J Kuhn
1mo
Congratulations! What a great result with great momentum!
Hannah White
1mo
As a very happy Nuuly customer, I’m delighted to read this!
Christine D.
1mo
Congrats!
Committed to leaving a positive impact on the planet • Sustainability Studies Graduate @ The University of South Florida St. Petersburg
1moAmazing! Nuuly continuinly inspires me. Nuuly is driving a circular economy by building an inherently sustainable system within the fashion industry.