Fashion Briefing: AI, personalization and the fall of one-time leaders are transforming luxury e-commerce

7 months ago 28

This week, a look at what is emerging from the ashes of the luxury e-commerce‘s slump and how customers are shopping now. Plus, the impact of F1 Grand Prix on brand brand buzz, a new funding round, new executive shifts and other news to know.

The luxury e-commerce sector has undergone a significant transformation, driven by evolving consumer preferences and technological advancements. Platforms like Farfetch and Matches, once heralded as pioneers, are shuttering, limping to keep pace with market demands or experiencing notable revenue declines.

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