Excerpts from an article by Julia Horowitz on CNN Money
More and more women are ditching the mall to buy their clothes online. But Ann Taylor has a plan.
The struggling brand, long a staple of women’s workwear, is launching a subscription clothing service. Infinite Style, which quietly debuted last month, allows Ann Taylor (ASNA) customers to rent an unlimited amount of clothing (three items at a time) for $95 a month.
Shoppers can wear the clothes for as long as they want, and send them back when they’re ready. Then they’ll receive the next box of three — and the cycle continues.
Subscribers get discounted prices for items they want to keep, and don’t have to worry about dry cleaning. Ann Taylor says it has it handled.
Subscription clothing services for women are all the rage right now. More and more shoppers are opting to stock their closets online, from the comfort of home — and the rental model seems to be catching on.
Read the full story on CNN Money.