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Fayetteville-based company Menguin has become the primary online suit rental company in under three years. The business recently announced a partnership with Target. CEO Justin Delaney believes its success stems from need.
“This is a market craving convenience for suit rentals. Today, 99 percent of market is brick and mortar and one percent is digital, but that’s going to shift fast.” Delaney said. “There was a problem and we’re solving that problem.”
Menguin came to NWA from Atlanta in 2015 as John James of Hayseed Ventures first investment. Menguin has projected significant growth in 2017.
– Maeghen Carter, Ghidotti Communications