The modern customer likes renting clothes because it is environmentally friendly and offers more variety, says Evan Clark, Deputy Managing Editor at WWD. In the future, people will lean in on the idea of "having fewer, better things," he says.
For full interview, [click here](https://cheddar.com/videos/why-fashion-rentals-are-on-the-rise).
NBC's streaming service Peacock is raising the cost of its subscription plans, up to $6 per month for the ad-supported plan and up to $12 per month for the ad-free option.