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Banana Republic unveils apparel rental service for women

24
Aug '19
Pic: Banana Republic
Pic: Banana Republic
Banana Republic has launched Style Passport, an online subscription service that provides unlimited access to its women’s apparel collection. The brand will roll out the service at the end of September 2019 to customers in the US, with the goal of adding men’s apparel at a later date. Banana Republic is a leading global apparel and accessories brand.

A robust omni-experience is critical as today’s consumer shops in a variety of ways. Rental subscription is an innovative platform that will increase access to Banana Republic’s versatile style and help bring new customers to the brand, according to a press release by the company.

Banana Republic is committed to integrating sustainability throughout the business from sustainable fibres to environment-friendly practices. Style Passport provides an easy way for customers to own fewer items while improving their wardrobe with fashion for every occasion. The new service will allow customers to rent the Republic for one flat monthly fee, with the option to keep and purchase any favourite item. Style Passport is $85 per month for a three-garment plan that includes free priority shipping, unlimited exchanges and returns, and complimentary laundering services.

As part of the brand’s work to enhance the customer experience online and in stores, Banana Republic partnered with rental technology platform CaaStle to develop Style Passport and will utilise its white glove service to handle logistics while delivering a seamless experience. Banana Republic will also offer Buy Online, Pick Up in Store beginning in the fall of 2019.

“We’re constantly evolving with our customer, meeting her where she is shopping. Style Passport will drive incremental revenue, and help us connect with younger shoppers who appreciate great style and want an affordable, sustainable way to try new fashion. With this new service, we’ll gather valuable insights from a highly interactive customer base that can be used to design future product and experiences,” Mark Breitbard, CEO and president of Banana Republic said. (GK)

Fibre2Fashion News Desk – India


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