Saks Off 5th to Sell Preowned Items From Rent the Runway

Saks Off 5th will offload preowned premium and designer fashion from Rent the Runway for as much as 85% off, in a new deal that aims to attract younger “trend devotees” to the discount retailer.

More than 60 brands, including Gen Z favorites Ganni and Equipment, will be available to Saks Off 5th customers through a designated section of its website, the companies announced today. Saks Off 5th will buy authenticated stock from Rent the Runway, sell it, and fulfill the orders, helping the latter to clear old inventory. Rent the Runway has previously tested a similar partnership with rival discounter Nordstrom Rack.

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