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* Minson has an extensive background in scaling and operating high-growth subscription and membership platforms.
Rent the Runway Inc. has picked Artie Minson, president and chief financial officer of WeWork Cos. Inc., to be a member of its board.
The appointment represents a deepening of the partnership between WeWork and Rent the Runway, which was announced in October. Rent the Runway has installed drop-off boxes for returning rented clothes at 15 WeWork locations in six cities: New York, San Francisco, Los Angeles, Chicago, Washington and Miami. The boxes are situated in WeWork lobbies and are geared to make it more convenient to return items.
In addition, pop-up versions of Rent the Runway's "dream closet" stores are expected to open at locations where the drop-off boxes are placed, but no timetable was given. The pop-ups are expected to range from 1,000 to 3,000 square feet and will be situated in the common areas of the WeWork facilities, including the 18th Street headquarters in Manhattan and in...