Rent the Runway Allocates $1M to Support Black Designers: 'This Is Just the Start'

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Rent the Runway Allocates $1M to Support Black Designers: 'This Is Just the Start'
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The clothing subscription service has also pledged to donate $100,000 to racial injustice organizations

“We will also be allocating an additional $1,000,000 to support Black designers through our wholesale, platform and co-manufacturing initiatives, which includes providing design resources, data, mentorship and financial support to create collections for RTR,” the company continued.

Rent the Runway also committed to allocating $1 million to support Black designers, saying it is “critically important” that a significant portion goes towards “launching fashion brands from Black designers who have not had the investment capital to launch on their own.” As a final show of support, Rent the Runway pledged to give Black models, brand ambassadors, stylist, photographers, videographers and crew members a platform: “We are committing today that at least 15% of the fashion talent that we feature and support moving forward are from the Black community,” the brand said.

"We know that the Black community is tired of the long-standing racism and violence. We also acknowledge the cyclical nature of society’s attention to moments of such injustice, so we vow to take systematic actions as a business that will last beyond this current moment in time," the brand concluded. "This is just the start, and we look forward to sharing further details on other plans soon. Our work has just begun.

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