Luxury
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Online cross-border luxury sales have shot up by nearly 200 per cent as the “much-predicted shift to digital luxury” gets underway.
Throughout August and September, international sales of luxury goods…
Read MoreAmazon to launch luxury fashion platform in major challenge to Farfetch and YNAP
Amazon has set its sights on Farfetch and Yoox Net-A-Porter as it prepares to launch its own luxury fashion marketplace next month.
More than a dozen up-market fashion and accessories…
Read MoreBurberry becomes first luxury brand to launch £90 designer face masks
Burberry has become the first luxury fashion brand to launch a range of designer face masks, costing £90.
The high-end face masks will be made from excess fabric “enhanced with…
Read MoreLuxury brands are piling marketing budgets into social media to reach Gen Z
Luxury brands and increasingly turning to digital channels like social media to power their marketing campaigns and reach younger consumers.
According to a new study from Gartner examining brands benchmarked…
Read MoreTop 5 retailers who created their own video games
The luxury retail sector has been ramping up both its interest and investment in the video games industry for the last few years, seeing it as an invaluable resource to…
Read MoreMr Porter appoints new managing director
Mr Porter has named Fiona Firth as its new managing director.
Firth has worked as buying director at the Yoox Net-A-Porter (YNAP)-owned luxury menswear website since 2016 when she joined…
Read MoreFarfetch shares rise 15% after tumultuous week of results
Luxury e-commerce retailer Farfetch saw shares rise 15 per cent during extended trading on Thursday, after its third quarter results quelled investor concerns.
Shares in the luxury fashion platform were…
Read MoreRebag launches worlds first instant appraisal app for luxury handbags
Rebag has launched the world’s first AI-powered instant appraisal app allowing users to pinpoint the resale value of their goods immediately.
Clair, the luxury handbag resale giant’s new feature, has…
Read MoreLuxury resale platforms actually help luxury retailers, here’s how
The second-hand luxury resale industry is set to represent nearly 10 per cent of the entire luxury market by 2021, as the pre-owned boom continues to cannibalise primary retailers.
However,…
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