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April 5, 2025
  1. EssilorLuxottica extends agreement with Roger Federer
  2. Chanel to serve as timekeeper of upcoming Boat Race
  3. Maserati returns as sponsor of Rolex Monte-Carlo Masters
  4. OTB Group introduces first corporate volunteer initiative
  5. ‘Unlike the Rest’ from Ritz-Carlton Yacht Collection champions service at sea
  6. Ferrari announces US tariff-tied price increases on select models
  7. Prada’s first standalone restaurant arrives in Asia
  8. Ralph Lauren launches heritage-inspired exclusives at Neiman Marcus
  9. Prada taps ‘Re-Nylon’ profits to resource environmental education
  10. Off the Cuff: A Q&A with McLaren's Nicolas Brown
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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 extends agreement with Roger Federer
  2. Chanel to serve as timekeeper of upcoming Boat Race
  3. Maserati returns as sponsor of Rolex Monte-Carlo Masters
  4. OTB Group introduces first corporate volunteer initiative
  5. ‘Unlike the Rest’ from Ritz-Carlton Yacht Collection champions service at sea
  6. Ferrari announces US tariff-tied price increases on select models
  7. Prada’s first standalone restaurant arrives in Asia
  8. Ralph Lauren launches heritage-inspired exclusives at Neiman Marcus
  9. Prada taps ‘Re-Nylon’ profits to resource environmental education
  10. Off the Cuff: A Q&A with McLaren's Nicolas Brown
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