As technology evolves and mobile commerce becomes ubiquitous, collectors are increasingly purchasing high-end items online and even on-the-go from their mobile devices. The international art business and auctioneer Sotheby’s and eBay, the global leader in online shopping, are developing an online platform for acquiring works of art, antiques and collectibles. The global art market is … Read more
eBay Style: eBay Joins with Xiu.com to bring global style to China eBay, the world’s leading online marketplace, and Xiu.com, a leading Chinese online fashion and luxury retailer, launched a localized online shopping experience, called eBay Style. The new venture aims to “bring the very best of eBay to Chinese consumers, particularly in fashion”. Through … Read more
The past week in luxury retail has underscored a sector in agile transition—strategically shedding what no longer serves, embracing cultural cachet, and redrawing the boundaries of what defines “luxury” for modern consumers. From De Beers’ decision to shutter its lab-grown diamond venture to ThredUp’s entry into the digital vintage pop-up space, the industry is signaling … Read more
Sustainability Meets Style: The Boom of Luxury Resale in 2024. Pre-Loved, High Fashion: How Pre-Loved Luxury Took Over 2024 The pre-loved luxury fashion market has seen a significant surge in 2024, driven by a combination of economic factors, sustainability awareness, and changing consumer behaviors. Luxury resale has become not just a niche but a substantial … Read more
As we embark on a journey through the luxury industry’s latest developments in January 2024, we are met with a diverse array of news that collectively paints a picture of a sector in flux. From financial forecasts and brand expansions to innovative partnerships and shifting consumer trends, these updates offer a panoramic view of an … Read more
Top Cities For Fake Watch Purchases: How can you tell if a Rolex is real? New research released this week reveals there are an estimated 23.3 million fake watches circulating the US market alone1, according to a study by luxury pre-owned watch specialist, Watchfinder & Co. Additionally, of all the luxury watches sent to Watchfinder … Read more