Will Amazon’s Luxury Stores, without LVMH, Kering or Richemont-yet-ever become a go-to destination?
Oscar de la Renta, a brand that is a regular on red carpets and a mainstay of posh department stores, has just turned up somewhere decidedly less opulent: Amazon. Online retailer Amazon recently launched Luxury Stores, its latest effort to become a go-to destination for designer goods.
Select Prime members can access a new section of Amazon’s app that showcases US$2,790 handbags and US$8,990 gowns. Oscar de la Renta is among the early brands to participate, along with Altuzarra and Roland Mouret, maker of the close-fitting Galaxy dress beloved of celebrities.
While Amazon under CEO Jeff Bezos has successfully muscled its way into just about every category of retailing, luxury has remained difficult for the e-commerce giant. High-end brands have been hesitant to put their wares on a marketplace that sometimes has counterfeit versions of their goods.
They’ve also worried that it does not feel terribly luxurious for their US$1,000 jackets to be in a digital shopping trolley alongside dish detergent and extension cords.