Jewellery is a booming, sought-after sector, as shown by LVMH’s recent bid for Tiffany & Co. FashionNetwork looks into the advantages and potential of an industry still little-known and underexploited by luxury groups.
A collection by the students and artisans backed by the foundation will go on sale in mid-2020 on Yoox, Net-A-Porter, Mr Porter and The Outnet, and the proceeds will fund some of the foundation’s charity work.
Yoox-Net-A-Porter is ramping up its ultra-luxury offer as it targets the highest spending fashion fans and said it’s going to add more than 100 new personal shoppers and client relations managers within its luxe unit.
As Kering’s chief digital officer, Grégory Boutté is doing more than preparing to integrate e-commerce, he wants to make it agile in the digital realm. As such, Gucci will optimise stock allocations this year.
Kering, owner of brands including Gucci, will tighten its grip on its e-commerce operations, focusing on its own branded sites to sell its luxury products or ventures where it can control its image and client data.