Listen to this articleBelow is our recent interview with Elaine Hau, the Founder and CEO of Luxury Fashion Rentals:
Q: Could you provide our readers with a brief introduction to Luxury Fashion Rentals?
A: Luxury Fashion Rentals was launched on January 27th, 2020. It is an E-commerce website that offers luxury handbag rentals. You can rent the handbag of your choice for as long as you’d like without having to purchase it. The brands we feature include Chanel, Louis Vuitton, Hermes, Gucci, Dior, and Moschino. Most of the handbags are from Chanel and Louis Vuitton. We feature a wide range of sizes and styles to fit all occasions. We have 14-day and 30-day options for your rental period. We are currently offering free 3-day shipping and return for all costumers. We use reusable boxes for all of our shipments, which helps keep the bag secure and keeps our bags eco-friendly. First time customers will receive a 20% discount on their first order.
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Q: What is your backstory? How did your company come into being?
A: I was born and raised in Hong Kong and for many years now have resided in Los Angeles. I’ve been involved in the fashion and beauty industry for several years. My passion for these fields led me to create my popular beauty and fashion YouTube channel in 2014. Since 2015 I’ve been focused on my Instagram and growing YouTube channel. During this time I’ve also expanded my business knowledge by pursuing an MBA from Pepperdine University. My interests in business and fashion both contributed to the formation of Luxury Fashion Rentals.
Since my teenage years, I’ve been drawn to luxury handbags. With a growing collection of luxury handbags I’ve purchased that have barely been used, I was inspired to create this business. All of the handbags are “like new” since I’ve only used them rarely for special events and social media content.
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Q: How exactly does it work?
A: Renting from Luxury Fashion Rentals is very simple. All you need to do is go to https://luxuryfashionrentals.com and select the handbag of your choice. Follow the easy steps to create an account and your handbag will arrive in 2 to 4 days. We are located in Manhattan Beach, CA. Once you have enjoyed your rental, simply pack everything into the reusable box sent with your order, stick on the shipping label that we provide to you, and ship back.
Q: What are the benefits of renting over buying?
A: There are many benefits of renting luxury handbags. If you are going to a party or a special event you can find the perfect handbag for your outfit. With the continually changing fashion scene you’ll always be up to date with the latest trends. You can also save money for other interests. Further, luxury handbags can be tested before an expensive purchase. For influencers like myself, renting handbags will allow for better content on social media platforms.
Q: What is the biggest challenge you’ve faced in launching your business and how did you overcome it?
A: The biggest challenge I’ve faced is with the development of my website. I like things done a certain way but do not have a background in web development. I am currently pursuing a Master’s degree in Digital Media Design from Harvard University in order to have more control over my website. For now, finding a professional web developing company to take care of this is very important.
Q: What are the company’s plans and goals for the future?
A: One of the main goals is to expand the brand selection to include more bags from such brands as Gucci, YSL, Dior, and others. I would also like to increase our marketing efforts towards influencers, as I have been a fashion influencer for quite some time. Also, there is a plan that I can’t reveal now, but I will when the time is right!
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