Is online luxury the holy grail of retail – and ‘Amazon proof’?

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“It’s a big boys’ game … it’s not for the faint hearted,” South Africa’s richest man and chairman of Richemont, Johann Rupert, once quipped about the online luxury market. But in the three years since, Richemont has become emboldened enough … Read More

Richemont Snaps Up Yoox Net-à-Porter As Luxury Battle Moves Further Online

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In the latest demonstration of how e-commerce is the without doubt new front line in the luxury wars, Swiss conglomerate Compagnie Financière Richemont (cfruy) said on Monday it was buying the rest of leading online luxury retailer Yoox Net-à-Porter in … Read More

SPECIAL FEATURE: Tips to Increase Your Wealth With a Better Company Site

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Have you ever visited a company’s website, found it difficult to navigate across, and just left? A poorly designed and incomplete company website can repel visitors and cause security breaches from hackers and their malware. Nowadays, having a well-designed website … Read More

Stella McCartney Joins Alibaba’s Invite-only Luxury Pavilion

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British luxury brand Stella McCartney has launched a flash sale store on Alibaba’s invitation-only luxury portal Luxury Pavilion, which is exclusively open to the country’s super-rich VIP members, to sell a selection of items including fashion, footwear to handbags. The … Read More

EU lets luxury brands block goods from Amazon

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Cosmetics firm Coty won the right not to have its name associated with Amazon. Luxury brands in Europe have won the right to block sales of their products online if they feel it damages their image. An EU court ruled … Read More

Singles Day breaks all records – again

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Alibaba, the inventor of Singles Day, as a commercial event (now officially called “Global Shopping Festival“) announces ever increasing sales on 11th November each year; the sky seems the limit. Last year’s record of 120.7 billion yuan (17.8 billion US … Read More

eBay will now verify luxury handbags sold on the site

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Sellers of high-end brands can choose to use the authentication service for a fee. eBay is now offering a new service for sellers of high-end handbags. Today the company launched eBay Authenticate, a program that photographs, lists, sells, ships and … Read More

Why luxury brands no longer give China’s online marketplaces the cold shoulder

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The world’s biggest luxury brands are increasingly jumping into China’s US$751 billion e-retail market The world’s biggest luxury brands have had a change of heart towards China’s online marketplaces, which they once saw as a no-win battleground of counterfeit sellers, … Read More

How Alibaba plans to win over luxury brands

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Alibaba, China’s largest e-commerce platform, is improving its services to make luxury brands feel at home on Tmall, its B2C marketplace for retailers. Brands with an image to protect have long been wary of the marketplace, which has been battling counterfeit … Read More

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