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Related Keywords: Canada, clothing, Clothing chains, dress rental company, fashion, NPD Group, Nuuly, Rent Frock Repeat, rental, warehouse

Clothing rental options are evolving from one-off, special occasion outfits to subscriptions for everyday apparel, and a Canadian company is expanding its closet to get in on the trend.

Rent Frock Repeat is relaunching this fall as a monthly clothing subscription service, after eight years in the designer dress rental business.

"[The customers are] the ones that set this in motion, because the demand was there," said Kristy Wieber, president of Rent Frock Repeat.

Related Keywords: apparel, clothes, fashion, fashion industry, global data, Nuuly, renting, research, sustainability, Urban Outfitters

The sharing economy is now making its way into the fashion industry as Urban Outfitters looks to rent clothes to younger fashionistas.

The retailer is launching an online subscription service allowing people to borrow six items to wear for a month before swapping them.

The firm says that in terms of clothing, millennials in particular want variety and sustainability.

The womenswear service, called Nuuly, will launch in the US this summer.