Stylight has launched Luxury Loft, an exclusive shopping section for luxury mono-brand shops. At its launch at the beginning of November, 15 of the world’s most renowned luxury brands, including Stella McCartney, Bottega Veneta, Saint Laurent, and Furla, had already signed on as Luxury Loft partners.
Partner brands participating in Luxury Loft are able to enjoy the exclusivity of the luxury domain while still preserving the engagement of Stylight’s more than 10 million monthly shoppers.
“With the opening of Luxury Loft, we are creating an exclusive space with maximum quality standards for the best and most popular luxury brands worldwide,” said Julian von Eckartsberg, CEO of Stylight. “I am delighted that we were able to attract leading brands such as Balenciaga, Saint Laurent, and Alexander McQueen to the Luxury Loft at its launch.”
“The Luxury Loft strengthens our attractive and broad offering for discerning online shoppers,” said Eckartsberg.
According to the global management consulting firm Bain & Company, the luxury consumer goods market reached a record high of €262 billion in 2017. According to their estimates, online sales of luxury consumer goods will account for 25 per cent of the market share by 2025.