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Luxury Resale’s Quiet Reckoning
NEW YORK, United States – With the luxury resale market on track to hit $6 billion globally in 2018, according to Bain, consumer appetite for used fashion goods continues to grow. But the boom that has fuelled the rise of major luxury re-commerce players like The RealReal and Vestiaire Collective will only last if the market is fed with product that people actually want to buy.
Posted by Staff Writer at 04:31 AM
Business , Eco-Friendly , Fashion News , Fashion: Trends, Style, and Business , News: Fashion, Beauty and Retail , Shopping like a Pro , Shopping News , Shopping Trends , Style , Sustainability |
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Amazon has a luxury problem
Swatch Group executives earlier this year were planning to sell some of the Swiss conglomerate’s higher-end watches through Amazon.com Inc. But after months of talks, the two companies hit a wall. Swatch, whose brands include Longines, Omega and Blancpain, demanded a commitment that Amazon proactively police its site for counterfeits and unauthorized retailers.
Posted by Staff Writer at 08:23 AM
Insights , News: Fashion, Beauty and Retail , Shopping like a Pro , Shopping News |
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What does a nearly 11,000-square-foot, two-story luxury penthouse suite in NYC cost a person? Oh, just an easy $100 million. We’ll give you a second to lift your jaw off the floor. Yes, that $100 million apartment — which is roughly four times bigger than the average house in the United States — has officially been purchased by an undisclosed buyer. We’ll just call him Richie Rich.
The extravagant home includes a steam room, a theater, a personal library, sweeping views, and, of course, plenty of floor space. The kind of floor space that costs $9,000 per square foot. Refinery29 has pictures of the apartment, so feel free to check it out in the comfort of your subpar living quarters.
By Wendy Rose Gould
Image credit: One57
Posted by Wendy Rose Gould at 02:00 PM
Opinions , Places , Shopping News , The City |
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WHAT: Editor’s Picks: Vintage & Luxuries Edition Online Sample Sale @ Ruelala.com
WHY: Vintage & Luxury Accessories up to 60% off!
WHEN: 3/28 11am – 3/30 11am
WHERE: RueLaLa.com
*To sign up & access the sales, please click here.
Posted by Bindra at 04:40 AM
Handbags & Accessories , Jewelry & Watches , Online Sample Sales , Today's Sales |