EBay gives legitimacy to secondhand luxury with new program

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Online auctioneer and marketplace eBay is easing consumers’ worries when buying luxury goods through its platform with an upcoming authentication program. While many luxury products are available for purchase through eBay, many consumers are wary regarding the authenticity of the … Read More

After a horrible year, luxury fashion brands pin hopes on the return of Chinese consumers in 2017

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The global fashion industry is hoping for better times ahead after 2016 added up to one of the most difficult years on record The global fashion industry can look forward to better days in 2017 amid signs of a rebound … Read More

Affluent Chinese favor Gucci handbags, footwear over brand peers: report

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Handbags designed by Italy’s Gucci edged out French atelier Chanel as a must-have among affluent Chinese women, according to a survey conducted by RBC Capital Markets. Kering-owned Gucci has seen a resurgence of interest among fashionable affluents in part because … Read More

Russia’s economic trials paves opportunity for luxury

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Devalued currency rates in Russia have spurred an uptick in tourism and the purchase of luxury accessories within the market. Market researcher Euromonitor attributes the positive effect on the Russian market to a number of factors including less residents traveling … Read More

Menswear’s continuous market growth propelled by omnichannel retail: Fashionbi

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With a market size of $570 billion and annual revenues of $333.4 billion, the menswear category is expected to grow at a constant rate of 2-3 percent a year, according to a new report by Fashionbi. As size and revenues … Read More

Where to invest in fashion technology?

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The intersection between fashion and technology is hot. But beyond high-end fashion brands becoming more comfortable with ecommerce and cautiously developing their social media, content and mobile strategies, technology is still used as something of a gimmick. Similarly, startups wanting … Read More

Gucci Among World’s Hottest Fashion Brands, While Prada Cools

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Gucci, Louis Vuitton and Chanel are among fashion’s ‘hottest’ luxury brands, earning editorial coverage that matches or exceeds their print advertising spend. LONDON, United Kingdom — Gucci has been named one of the “hottest” luxury brands, while Prada and Giorgio … Read More

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