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Online Luxury Sales Are Swelling—And There are New Necessities for Catering to the Consumer

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

According to a McKinsey report, by the year 2025, nearly one-fifth of all personal luxury sales will be made online, and luxury players hoping to stick around will have to answer to a new order of business for a digitized world. In the management consulting firm’s study, The Age of Digital Darwinism, which tracked luxury brands’ increasing need for…

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