LXR Launched its Rental Program in Time for the Holidays
Elena Rahman — October 20, 2021 — Business
References: ca.lxrco
LXR's new Rental Program launched just in time for the holidays. As folks gear up to dress their best for the winter celebrations, LXR offers a long-term luxury and designer bag rental program. Users can rent their favorite designer bag for up to 12 months.
The program allows customers to switch their bags whenever they like throughout ht e12 months. LXR aims to implement sustainable practices in the fashion industry through this new initiative. As the first of its kind in Canada, the service offers over 90 styles from crossbody to totes and handbags available for rent through the brand's online store. Moreover, the program also includes accessories to expand the sustainable practice across all aspects of fashion.
Image Credit: LXR
The program allows customers to switch their bags whenever they like throughout ht e12 months. LXR aims to implement sustainable practices in the fashion industry through this new initiative. As the first of its kind in Canada, the service offers over 90 styles from crossbody to totes and handbags available for rent through the brand's online store. Moreover, the program also includes accessories to expand the sustainable practice across all aspects of fashion.
Image Credit: LXR
Trend Themes
1. Luxury Bag Rentals - The trend of renting luxury bags for long-term usage offers an opportunity for rental companies to cater to those who want high-end fashion without the price tag.
2. Sustainable Fashion - Sustainability is being incorporated into the fashion industry through disruptive innovations like LXR's rental program.
3. Online Rental Marketplaces - Growing demand for sustainable fashion and long-term rentals offers an opportunity for online rental marketplaces to expand their offerings to include high-end fashion items.
Industry Implications
1. Fashion Rentals - The luxury bag rental program provides an opportunity for fashion rental companies to cater to a clientele interested in high-end fashion without committing to high-end price points.
2. Sustainable Fashion - Companies in the fashion industry can capitalize on the growing desire for sustainable practices by implementing innovative options like rental programs.
3. E-commerce - Online rental marketplaces can expand their product offerings by adding high-end fashion items into their current rental model to provide a more comprehensive rental service.
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