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Jennifer Hyman

Jennifer Hyman

CEO and Co-Founder

Rent the Runway

Co-founder and CEO of Rent the Runway, NYC lover, Superlative-user. May win pop-culture jeopardy if challenged.

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2015 Levo 100 Honoree: Entrepreneurs

Levo 100 celebrates inspiring Millennials who are transforming the world as we know it. The Entrepreneurs category recognizes those who see opportunity and build solutions—founders and leaders who are in pursuit of passion and follow their vision.

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Rent the Runway

CEO and Co-Founder

My co-founder, Jennifer Fliess, and I started Rent the Runway in 2009 as an online service that gives millions of women access to designer dress and accessory rentals. With over 5 million members, 350 employees and 300 designer brands, Rent the Runway is the largest rental platform in the world, democratizing luxury for women everywhere in the sharing economy. I envision a world where every woman in this country -- and eventually every woman in the world -- has a subscription to fashion.

Career

About RTR

Rent the Runway is revolutionizing fashion by allowing millions of women to rent designer apparel and accessories. The company focuses on convenience and a top-notch customer experience on all of its platforms, including online, mobile, and retail locations in New York City, Washington, D.C., and Las Vegas.

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Rent The Runway at SXSW 2015

I was part of the panel "Defining the Next Generation Retail Experience" at SXSW 2015, where I joined Katrina Lake, Founder & CEO of Stitch Fix, and Sephora’s CMO Julie Bornstein to discuss our approaches to retail and what retailers can do to innovate and bring their customers back.

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MAKERS Profile

In this Makers profile video I talk about the lightbulb moment that led to Rent the Runway, the challenge of being a woman in business, and how we're building one of the largest logistical online rental platforms.

Watch here
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Inc. Interview: How I Did It

One of the most difficult processes I ran into when Rent The Runway was still establishing itself was hiring and retaining engineers. The day Our Runway launched was one of the first days I felt like a good leader.

Watch here
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IMG

Director, Business Development

IMG is a global leader in sports, events, media and fashion, operating in more than 25 countries. The company represents and manages some of the world’s greatest sports figures and fashion icons; stages thousands of live events and branded entertainment experiences annually. As the Director of Business Development at IMG, I focused on the creation of new media businesses for IMG’s Fashion Division.

WeddingChannel

Senior Manager, Sales

Part of XO Group, WeddingChannel.com is the #1 wedding and gift registry website, offering comprehensive wedding planning content, interactive tools, and a central location for couples to manage their gift registries. At WeddingChannel I ran an online advertising sales team where I polished my managerial skills.

Starwood Hotels & Resorts Worldwide, Inc.

Sr Manager, Leisure Program Development

At Starwood Hotels I worked as an in-house entrepreneur, creating Starwood’s first wedding business which was recognized on The Oprah Winfrey Show for its innovation.

Harvard Business School

MBA

Jennifer Fleiss and I started Rent The Runway while we were students at Harvard Business School. The idea came to me during a Thanksgiving break from Harvard Business School, while I stayed with my sister in New York. She had just bought an expensive dress for a wedding even though her closet was already filled with options. I realized that social media had made re-wearing dresses an unappealing idea, and there might be a way to save women from buying new dresses and crowding their closets, again and again.

Harvard University

BA, Social Studies

During my time at Harvard, one of the most important things I learned was how to be a kind, social butterfly. I believe that everything good in life stems from friendship, and all of the best things that happened to me in college were related to things that were social. I’ve learned that so much of life is about learning from the people around you instead of the subject matter itself.

A Netflix model for Haute Couture- The New York Times