Chris Ventry Quoted in WWD “What of Renting, Consigning and Reselling Clothing During Quarantine?”

View All Posts

Chris Ventry, Vice President of Retail & Consumer Packaged Goods was quoted in WWD on how quarantine is impacting the renting, consigning, and resale of clothing. “In the near-term companies like The RealReal should see a short-term benefit with people working from home and unable to go to stores,” but these businesses may also be able to find an alternate benefit in a retail slowdown, “in terms of gaining access to covetable inventory at a discount to wholesale both directly from the brands, as well as from the retailers.”

Ventry agreed that the rental market will suffer a slowdown in the short-term due to shutdowns limiting the need for rental products.

Read the full article.

Chris Ventry serves as a Vice President in the Retail & Consumer Packaged Goods practice at SSA & Company

Find out how we can help transform your business Contact Us