"A growing trend of direct-to-consumer sites in the digital shopping space proves they can slash the price of luxury goods down to fast fashion prices—without sacrificing quality. To pull it off, these brands stay hyper-focused on a specific concept and sell it in small batches (almost) exclusively online. It's a business model where everyone wins: without brick-and-mortar and unsold overstock expenses to cover, labels can make money without mark-ups. To see this new guard of retail in action, check the slideshow above, where I've included the six best e-tailers out there dedicated to selling designer-level product at the lowest prices possible."
via Lucky Magazine
"When a 20-year fashion industry vet and a designer and pioneer in social networks join forces, they're innevitably destined to create something brilliant, which is exactly what Pierre Kim and Grace Chang have done with their luxury e-commerce site, Ivory Row."
Why You Should Bookmark It: ‘Tis the gifting season, and it’s been (rightfully) argued that there’s no better gift than a soft sweater in a luxe cashmere. But if you’ve ever shopped the cashmere market before, you know that a quality sweater from the likes of Theory, Helmut Lang, and more brands cost upward of $400 to $500, topping out at more than $1,000. Grace Chang and Pierre Kim, co-founders of new e-commerce site Ivory Row, know that these exorbitant prices aren’t always just because of the high-end nature of the knit itself, but rather a result of the markups that come along with retail sales.
Thanks to the good folks at Styelcaster for the great write-up!