Exclusive: Vivrelle raises $62 million to expand its service renting handbags from Prada and Chanel as part of a luxury ‘lifestyle’

– Ready to rent. Retail has never been the easiest business. Case in point: the recent 2025 Fortune 500, where only six apparel retailers make the cut among the largest 500 businesses in the U.S. But it’s a field where innovation never stops, from the earliest entrants into clothing rental to newer upstarts—who believe they can make a difficult category work.

The founders of Vivrelle just raised $62 million to prove that, Fortune is the first to report. Vivrelle offers a subscription...