Dian von Furstenberg Shutters Rental Service

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Diane Von Furstenberg Autumn/Winter 2016 Presentation. Courtesy DVF/ INDIGITAL.

Launched in February of last year in partnership with white-label rental service Caastle, DVF Link has shut down its $159-a-month offering, but will continue to partner with Rent the Runway, reports Retail Dive. DVF did not respond to an immediate request for comment.

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Rental businesses have suffered over the course of the pandemic: luxury platform Armarium shut down last year and, according to a report in Bloomberg, Rent the Runway has lowered its previous $1 billion valuation.

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