inventory cost

1 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Jun 28, 2023 by Jennifer Hyman · across every show →

Everything said about inventory cost, oldest first

Jun 28, 2023 bullish
Assertion Supported
Hyman: Rent the Runway inventory costs are 30% versus 50-55% for competitors
“The cost of our inventory is about 30% of our revenue. And in most apparel businesses, apparel, the inventory cost is 50 to 55% of revenue.”
Jennifer Hyman Jun 28, 2023 ▶ 17:13 Jennifer Hyman: Rent The Runway's Journey to $1.7B IPO; Lessons from Beyoncé & Estée Lauder | E1031 · 20VC with Harry Stebbings
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