Will Amazon's Luxury Fashion Site be Amazing For Fashion Brands?
- 26th Aug 2020
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As per the latest inputs from the business circles, Amazon is soon coming up with a luxury fashion site possibly in the month of September 2020. Among many other things, Amazon happens to be the biggest selling platform for fashion & clothing except for luxury fashion. This area has a lot of scope for Amazon to prosper.
In the recent times, probably an indication of Amazon's affinity towards luxury fashion business, it has acquired two luxury fashion businessess namely Zappos and Shopbop. It is therefore not surprising that Amazon is creating its very own luxury fashion channel to target the huge market that exists globally for the same.
Given the gigantic size and might of the Amazon empire, it is but obvious that when they luanch this luxury fashion site, thousands of luxury brands would join to sell on this platform. The distribution power of Amazon combined with its vast database can be intimidating and could ensure that it creates a huge mark in the fashion world too.
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