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Borrowing Magnolia

Share economy for wedding dress rentals and sales

About

Borrowing Magnolia is redefining the $2.6B wedding dress industry.  Each year, over 2.5M women blow their wedding dress budget (average = $1200) to "invest" in a designer wedding dress (average = $3000) that ultimately lands in their closet, unseen and unworn for decades.  Borrowing Magnolia's managed dress rental and resale service creates an opportunity for: - Women to monetize their wedding dresses - Women to save on a dream designer gown Borrowing Magnolia acts as a broker between the dress owner and the bride-to-be and profits off both relationships.  Since launching in July 2014, Borrowing Magnolia has processed over 1,000 applications from women interested in monetizing their wedding dresses, acquired dresses for less than $5/dress, and attracted engaged brides seeking a wedding dress for less than a $1/bride.  Borrowing Magnolia has grown 100% month-over-month since September and has generated over $40,000 in revenue to date!