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

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…