Let’s be real, most people in Singapore can’t afford to splurge on designer clothes every day based on their paycheque.
But we live in the age of the sharing economy, and you bet fashion—possibly the most capricious of industries—is on this bandwagon. After all, fashion doesn’t last forever, right? That said, “borrowing” fashion is not exactly a novel idea. Remember Bag, Borrow or Steal? The bag-rental service that was brought to our collective attention (and perhaps excitement) by Sex And The City, where Carrie’s assistant, Louise from St Louis, famously said: “Vuitton, mine till Tuesday”?
Since then, almost a decade later, the fashion-borrowing trend has been on the up and up. Businesses that let us rent designer clothing give us the luxury of keeping up with fashion’s rapidly turning trend cycles without the insanity of paying thousands of dollars for a lifestyle your paycheck wouldn’t otherwise be able to sustain. The swath of start-ups in this field in Singapore include Covatella, Rent A Dress, Style Theory, and Luxe for Lease, to name a few.
Can’t afford to buy that $42,000 Valentino haute couture gown to for a special night out? Why just loan it at mere a fraction of the retail price! Even if you don’t have a chichi ball to attend, options abound when it comes to workwear, wedding guest outfits, or something for those “cocktail” dress codes. If you think about it, renting is a way smarter way to access luxury when the occasion requires it.
Here’s a quick guide on where to go in search of your next Chanel bag or Vera Wang gown.
Text: Alexa Fang
Additional Reporting: Cheryl Chan
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