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  2. Porsche uses Apple Vision Pro to improve production trainings
  3. Cunard taps world's first female master tailor
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  5. Zero-waste wearables lead digital release from Stella McCartney
  6. Burberry sponsors outdoor excursions for UK youth
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  8. Dolce & Gabbana exhibition coming to Milan's Palazzo Reale
  9. The Macallan Estate to host 'Cirque du Soleil Sprit' showcase
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Commerce

FOMO propelling luxury purchases forward online: report

June 26, 2023

In the past decade, the drop shipping business from China has seen incredible success but is this once lucrative model soon going to be ancient history? Image credit: Shutterstock. Composite: Haitong Zheng/Jing Daily. New data points from ESW find that 47 percent of luxury shoppers will pay full price to be the first or only person to have a product. Image credit: Shutterstock.

 

By Amirah Keaton

As reports confirm that shoppers intend to continue spending despite signs of economic instability, global direct-to-consumer platform ESW is exploring how scarcity factors into current ecommerce landscapes.

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  1. EssilorLuxottica acquires Japan's Washin Optical Co.
  2. Porsche uses Apple Vision Pro to improve production trainings
  3. Cunard taps world's first female master tailor
  4. Chanel pushes watches, fine jewelry to new heights for holiday
  5. Zero-waste wearables lead digital release from Stella McCartney
  6. Burberry sponsors outdoor excursions for UK youth
  7. Made-to-measure garments color Dolce & Gabbana campaign
  8. Dolce & Gabbana exhibition coming to Milan's Palazzo Reale
  9. The Macallan Estate to host 'Cirque du Soleil Sprit' showcase
  10. Balmain takes minimalist approach in conceptual campaign
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