Fashion Rental Startup Armarium to Halt Operations March 7
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Armarium, the fashion rental startup, is shutting down this week after four years in business.
Chief Executive Officer Trisha Gregory wrote in an email to customers on Tuesday that Armarium, which carved out a niche in clothing rental by offering a higher-end, event-driven alternative to subscription services like Rent the Runway, will close on March 7. She cited a tough landscape for clothing retailers.