Fashion 24 April 2026

Rent the Runway Up Ahead of Earnings with Traders Watching CEO Change
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Rent the Runway Up Ahead of Earnings with Traders Watching CEO Change

Rent the Runway shares rose 2.9% to $3.97 in midday Nasdaq trading Thursday ahead of its June 3 earnings report and leadership changes. Jennifer Hyman recently stepped down as CEO, with Teri Bariquit named interim chief. The company kept its 2026 guidance after CFO Siddharth Thacker’s resignation. Rent the Runway ended fiscal 2025 with 143,796 active subscribers, up 20% from a year earlier.
May 28, 2026
Royal-Worn Russell & Bromley Shuts More Stores As Next Rescue Leaves Shoe Chain With Three Shops
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Royal-Worn Russell & Bromley Shuts More Stores As Next Rescue Leaves Shoe Chain With Three Shops

Russell & Bromley has closed more UK stores this week, including Covent Garden, as part of a wider shutdown following its January administration. Next bought the brand, intellectual property, and three stores for £2.5 million, leaving 33 stores and nine concessions outside the deal. Administrators are offering discounts of up to 90% at closing sites, and gift cards are no longer accepted. The company posted an EBITDA loss of £12.1 million in 11 months to November 2025.
April 24, 2026