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In our mission to match businesses to offices, we meet some of London’s most exciting startups. In this series, Growing Pains, we interview the founders and CEOs of businesses that are starting out or scaling up.
In our latest episode, we speak to Victoria Prew, CEO and co-founder of HURR Collective about the growing pains of building the UK’s leading wardrobe rental platform.
Founded in 2018, HURR has been dubbed the “Airbnb of fashion” by Forbes. The site allows women to share their luxury clothes in seconds – you can either list your wardrobe items for rent or browse and borrow your favourites.
Despite its magazine-like feel, HURR is a tech company, not a fashion company. The site utilises leading ID verification software, AI personal styling and extensive peer-reviews to ensure customers feel safe and secure.
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I've always been fascinated by the sharing economy. I’d watched the rise of sharing economy platforms like Airbnb and Uber and believed that fashion was the next industry to be disrupted.
There’s a whole generation – generation rent – of people who want to access things without owning them. The more research we did into fashion, the more we believed there was a better way to enjoy fashion without having to own it.
Fashion rental is still a fairly new concept in the UK. In the US, Rent The Runway has been operating for over ten years, and is now valued at over $1 billion.
As sustainability enters the mainstream, the fashion rental market is booming and HURR is well positioned to lead the market.
The UK market has been slower to embrace innovation and until now, there hasn’t been a go-to rental platform that balances accessibility and a curated brand mix.
We’ve always focused on making HURR look and feel just like e-commerce, but without the cost to the planet of purchasing new clothes.
We're just over two years into our startup journey. We've been fortunate to time our launch with the increased interest in the circular economy, and have been able to scale incredibly quickly.
Very excitingly, we opened our pop-up in Selfridges earlier this year, as the department store trials fashion rental for the first time in its history.
There aren’t enough hours in the day and getting any work-life balance is incredibly difficult. My 2020 resolution was to restore some form of balance – running a company is a marathon, not a sprint!
In the early days, you’re responsible for absolutely everything and it’s tough. We now have an incredible team who believe in the HURR vision, which makes it easier and means I can focus on the higher-level strategy and leading the business forward.
It definitely can be! Before starting HURR, I connected with as many startup CEOs as possible. Having connections outside of your friendship group who ‘get’ the highs and the lows of starting a business has proved to be invaluable.
Recently we were named by RWRC as one of the top 50 retail tech startups in the world, which was quite a moment.
It’s also great to see someone rent for the first time and realising it’s a no brainer. The shift in consumer behaviour over the past two years has been incredible to watch.
Extending the lifespan of your clothes is one of the best things you can do to reduce the environmental impact of your wardrobe.
As a peer-to-peer marketplace, HURR allows you to monetise your wardrobe by renting out your pieces and join a community of forward-thinking women who believe renting makes both economic and environmental sense.
Never take no for an answer and always trust your instinct.
Michelle Obama. She's fearless.
It must be the book I've read most recently, Helena Morrissey’s, A Good Time to Be a Girl. It's all about how you shouldn’t lean in, you should try to change the system.
Our experts are here to help take the hard work out of finding your next office space.