*By Jacqueline Corba*
The two designers at the helm of Badgley Mischka said retail start-up [Rent the Runway](https://cheddar.com/videos/rent-the-runway-raises-millions-in-vc-funding) is a "gateway" for the next generation of shoppers to discover their brand.
The consumer "gets a good experience from them, and then she gets introduced to the brand and she matures, gets a little more income and then she can afford to buy the clothes," James Mischka said Tuesday in an interview on Cheddar.
"Rent the Runway's buying power is phenomenal," Mark Badgley told Cheddar Tuesday. "Their buys are bigger than most of the major department stores today."
Badgley said this is a testament to the growth of the start-up, which was most recently valued at nearly [$800 million] (https://www.recode.net/2018/3/9/17099908/rent-the-runway-alibaba-jack-ma-joe-tsai-blue-pool-capital-invest-valuation-women-clothing-apparel).
The duo is also looking to tap into the next generation of their customers with the expansion of the company's lifestyle products, which will incorporate its signature sparkle.
"There's a thread of glamour in everything we do," Badgley said.
The label ー once known for its $10,000 red-carpet gowns worn by Beyoncé, Oprah Winfrey, Madonna, and Kate Winslet ーis now adding housewares, shoes, and jewelry to its lineup of products.
In Mischka's view, the label has changed its conception of fashion and remade the pieces for real shoppers, not just industry insiders.
"We've really learned that you can't sit in New York and just be in an ivory tower and just design for what you think to be a fashionable thing," he said.
"We looked at the past 30 years of Badgley Mischka and what our customers have said to us over the past 30 years and try to answer all their questions or all their needs," he added.
Badgley Mischka recently debuted its Spring 2019 line [on the runway](https://www.badgleymischka.com/live-runway-show.asp) at New York Fashion Week. The collection, set at a garden party, was a fantastical ode to "Alice in Wonderland."
For full interview [click here](https://cheddar.com/videos/the-design-duo-behind-badgley-mischka-celebrate-30-years).
Bamboo-based toilet paper company Cloud Paper raised $5 million in a recent funding round. Its product is a bamboo-based alternative to traditional toilet paper made from trees, and its mission is to end the deforestation caused by traditional paper products. Cloud Paper says the raise will allow it to make significant investments in its supply chain, product development, and hiring. Ryan Fritsch, a co-founder of Cloud Paper, joined Cheddar News' Closing Bell to discuss.
Anne Price, president of the Insight Center for Community Economic Development, discusses how Black Americans have been adversely impacted by rising home prices and offers tips for wealth building.
Ellen Goodwin, Co-Founder and Chief Solutions Officer of Artifcts, joins ChedHER to discuss how she's creating a platform to preserve the history of your belongings, and her experience succeeding in male-dominated industries.
Keren Sachs, Founder and CEO at The Luupe, joins ChedHER to discuss how her platform bridges the gap between diverse creators and brands, and what the future of the creator economy looks like.
Thelma Ferguson, Managing Director & Northeast Segment Head at JPMorgan Chase Commercial Banking, joins ChedHER to discuss the upcoming Women Presidents Organization's "50 Fastest-Growing Women-Owned/Led Companies" ranking, and what kind of impact women entrepreneurs have on the overall economy.
On this episode of ChedHER: Artifcts Co-Founder breaks down how she's creating a platform to preserve the history of your belongings; The Luupe CEO explains how her platform bridges the gap between diverse creators and brands; Managing Director & Northeast Segment Head at JPMorgan Chase Commercial Banking discusses the upcoming Women Presidents Organization's "50 Fastest-Growing Women-Owned/Led Companies" ranking.
While many are excited to watch the final two NFL teams square-off and see which one ultimately takes home the trophy, some, on the other hand, are there for another mian attraction -- the commercials. Companies during this year's game are looking towards the future From electric vehicles, to robots, and crypto-currency, several first-time advertisers are expected to join long-time advertisers like Pepsi, Budweiser and Doritos during the NFL's biggest game. Tom Morton, Global Chief Strategy Officer at R/GA, joined Cheddar News' Big Game Special to discuss.
