Fashion — Amazon
Amazon is said to be preparing a luxury fashion platform
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Amazon is said to be preparing a luxury fashion platform In the first half of 2020, Amazon plans to launch its own digital platform for luxury fashion, according to WWD (paywall), a fashion trade publication. Industry sources who spoke with WWD said it will operate similar to the concession model seen in department stores and specialty retailers, where brands effectively lease space or pay a percentage of sales to run their own mini-shops within the store. On Amazon’s new platform, according to WWD, the companies will have complete control over the look of their online space, which products they sell (or don’t), and any...