Startup Ideas AI

Many individuals desire to wear high-end luxury fashion brands, but affording or accessing them can be a challenge. A personalized luxury fashion subscription service could provide a solution by offering customers the opportunity to rent or borrow high-end fashion items for a limited time, allowing them to experience luxury without the high cost of ownership. The market size of the luxury fashion industry was estimated to be around $50 billion in 2020 (source: Statista). This startup idea would target fashion-conscious individuals who seek a rotating wardrobe of upscale designer pieces on a subscription basis.