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Rent A Dress

Nigeria
Market: Services
Stage of the project: Operating business

Date of last change: 12.02.2022
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Idea

Rent A Dress is a fashion rental company, that allows women to rent high-quality, stylish clothing for any occasion - Wedding Gowns, Dinner Gowns, Dresses for Photo-shoot, Maternity Gown, etc.

Current Status

https://drive.google.com/file/d/1I14Qv1FOz-ncM0OeKhnng89LXRwio3po/view?usp=sharing

Problem or Opportunity

- Over 75% of Nigerian women are in search of budget friendly wears for various occasions.

- The consumer purchasing power is on the downside due to inflation, which reflect on their fashion choice

- Africa has the highest demography of young people who desire
celebrity fashion but lacks access to it

- Currently no sustainable solution to satisfy women’s need for continuous fashion style and flexibility.

Solution (product or service)

Rent A Dress offers access to unlimited wardrobe without ownership, which allows women to rent high-quality, stylish clothing for any occasion at 75% cheaper. In other words, We give our users the freedom to keep wearing clothes by designers without breaking their purse

Business model

Rent A Dress makes money by offering women clothing & fashion accessories rental service On-Demand or for booking. We operate four days rental service. We make money by charging 25% of the retail price of the dress + 1.5% convenience fee

Incubation/Acceleration programs accomplishment

Global Startup Ecosystem
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