Derek Lam is getting into the rental business.
“Since acquiring Derek Lam, a significant driver of growth has come from our ability to leverage our platform to introduce new retail partners and business models that generate broader awareness and access to the brand. Our partnership with CaaStle aligns perfectly with our growth strategy as it will help us to further increase our direct-to-consumer business and reach a larger base of customers that are younger and more aspirational to the brand,” said Shamdasani.
Lam’s Borrow program will have new pieces added regularly depending on the given collection and season. This service includes a mix of items from current seasons and past. Derek Lam 10 Crosby will offer Essentials and fall, with spring to launch shortly.
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