Want to buy that new Fendi handbag but you're suffering from the economic slump? Don't fret, there's another option, rent it! According to a recent article in Conde Nast's Portfolio, there's a small but growing retail market and that's the luxury rental business making high end items more affordable.
At Bling Yourself, instead of paying the retail price of $5,600 for a Chopard "happy heart" floating diamond ring, you can rent it for only $500 and still be the envy of many at the party. The company also rents men's Rolex Watches and other high end jewelry.
For a membership fee of $29.95 for the Countess Level; $49.95 for the Duchess; and $99.95 for the Movie Star, you can borrow evening bags, designer sunglasses and other goods from Borrowed Bling. You can borrow as many items as you want for up to four months that fall on your membership level.
For $300 a month, you can rent Gucci, Prada and Christian Dior bags from the fashion site, From Bags to Riches. My problem with this is returning it after I've had the pleasure of such indulgence.
