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<p>From high-end fashion to cutting-edge gadgets, the latest luxury products in the market are a testament to the luxury industry&#8217;s unwavering commitment to excellence. In this article, we&#8217;ve rounded up some of the most exciting luxury products that have hit the market recently. Whether you&#8217;re a tech enthusiast or a fashionista, there&#8217;s something for everyone. Jump into the world of luxury and explore the latest products that are sure to leave you in awe.</p>



<h3 class="wp-block-heading">Parfums MDCI’s Enlèvement au Sérail</h3>


<div class="wp-block-image">
<figure class="aligncenter size-large is-resized"><img decoding="async" src="https://www.gafencushop.com/wp-content/uploads/2023/06/Enlevement-au-Serail-HD_p-1024x968.jpg" alt="" class="wp-image-76000" width="768" srcset="https://www.gafencushop.com/wp-content/uploads/2023/06/Enlevement-au-Serail-HD_p-1024x968.jpg 1024w, https://www.gafencushop.com/wp-content/uploads/2023/06/Enlevement-au-Serail-HD_p-200x189.jpg 200w, https://www.gafencushop.com/wp-content/uploads/2023/06/Enlevement-au-Serail-HD_p-800x756.jpg 800w, https://www.gafencushop.com/wp-content/uploads/2023/06/Enlevement-au-Serail-HD_p-296x280.jpg 296w, https://www.gafencushop.com/wp-content/uploads/2023/06/Enlevement-au-Serail-HD_p-768x726.jpg 768w, https://www.gafencushop.com/wp-content/uploads/2023/06/Enlevement-au-Serail-HD_p-1536x1452.jpg 1536w, https://www.gafencushop.com/wp-content/uploads/2023/06/Enlevement-au-Serail-HD_p-2048x1937.jpg 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></div>


<p>Full of sensuality and romanticism, Enlèvement au Sérail is a classic oriental floral scent from French independent brand Parfums MDCI. Opening with spicy notes of black pepper and cinnamon, it develops depth through rose, jasmine and ylang-ylang. Brand founder Claude Marchal shares that the inspiration behind this new creation was a unique fragrance that his mother used to wear. It is exclusively available from Scented Niche at K11 Musea, Tsim Sha Tsui, tel: 2608 2205 and Fashion Walk, Causeway Bay, tel: 2608 2206.</p>



<h3 class="wp-block-heading">Tiffany &amp; Co.’s Bird on a Rock</h3>


<div class="wp-block-image">
<figure class="aligncenter size-large is-resized"><img decoding="async" loading="lazy" src="https://www.gafencushop.com/wp-content/uploads/2023/06/3.-Tiffany-Co.-Tiffany-Diamond-891x1024.jpg" alt="" class="wp-image-75995" width="500" height="750"/></figure></div>


<p>First introduced in 1965 by Tiffany &amp; Co. designer Jean Schlumberger, Bird on a Rock has evolved into a breathtaking high jewellery creation that showcases the Tiffany Diamond as both a brooch and a pendant. In a sophisticated reimagining of the iconic brooch in which an impudent little diamond bird sits cockily atop its precious ‘rock’, five diamond-encrusted birds swoop around a central stone. The design now features in suites of necklaces, bracelets, earrings, rings, brooches and pendants.</p>



<h3 class="wp-block-heading">Omega Speedmaster Moonwatch</h3>


<div class="wp-block-image">
<figure class="aligncenter size-large is-resized"><img decoding="async" loading="lazy" src="https://www.gafencushop.com/wp-content/uploads/2023/06/6.-OMEGA_310.30.42.50.01.001_p-copy-750x1024.jpg" alt="" class="wp-image-75996" width="500" height="683" srcset="https://www.gafencushop.com/wp-content/uploads/2023/06/6.-OMEGA_310.30.42.50.01.001_p-copy-750x1024.jpg 750w, https://www.gafencushop.com/wp-content/uploads/2023/06/6.-OMEGA_310.30.42.50.01.001_p-copy-scaled-200x273.jpg 200w, https://www.gafencushop.com/wp-content/uploads/2023/06/6.-OMEGA_310.30.42.50.01.001_p-copy-scaled-800x1092.jpg 800w, https://www.gafencushop.com/wp-content/uploads/2023/06/6.-OMEGA_310.30.42.50.01.001_p-copy-205x280.jpg 205w, https://www.gafencushop.com/wp-content/uploads/2023/06/6.-OMEGA_310.30.42.50.01.001_p-copy-768x1049.jpg 768w, https://www.gafencushop.com/wp-content/uploads/2023/06/6.-OMEGA_310.30.42.50.01.001_p-copy-1125x1536.jpg 1125w, https://www.gafencushop.com/wp-content/uploads/2023/06/6.-OMEGA_310.30.42.50.01.001_p-copy-1500x2048.jpg 1500w, https://www.gafencushop.com/wp-content/uploads/2023/06/6.-OMEGA_310.30.42.50.01.001_p-copy-scaled.jpg 1875w" sizes="(max-width: 500px) 100vw, 500px" /></figure></div>


<p>The new Omega Speedmaster Moonwatch is released with a fine historical track record to highlight its engineering excellence. This is the model that was critical in helping to bring home the Apollo 13 module and its crew successfully in 1970 when an exact 14-second burn of fuel was required to readjust manually the course of the craft. Command Module pilot Jack Swigert timed this with the watch he had on his wrist, thus the Speedmaster played its part in making sure the unique manoeuvre worked perfectly.</p>



<h3 class="wp-block-heading">Lotos Eyewear Collection</h3>


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<figure class="aligncenter size-large is-resized"><img decoding="async" loading="lazy" src="https://www.gafencushop.com/wp-content/uploads/2023/06/L-22G111-VEN_04-Detail-1024x683.jpg" alt="" class="wp-image-76002" width="768" height="512" srcset="https://www.gafencushop.com/wp-content/uploads/2023/06/L-22G111-VEN_04-Detail-1024x683.jpg 1024w, https://www.gafencushop.com/wp-content/uploads/2023/06/L-22G111-VEN_04-Detail-scaled-200x133.jpg 200w, https://www.gafencushop.com/wp-content/uploads/2023/06/L-22G111-VEN_04-Detail-scaled-800x533.jpg 800w, https://www.gafencushop.com/wp-content/uploads/2023/06/L-22G111-VEN_04-Detail-420x280.jpg 420w, https://www.gafencushop.com/wp-content/uploads/2023/06/L-22G111-VEN_04-Detail-768x512.jpg 768w, https://www.gafencushop.com/wp-content/uploads/2023/06/L-22G111-VEN_04-Detail-1536x1024.jpg 1536w, https://www.gafencushop.com/wp-content/uploads/2023/06/L-22G111-VEN_04-Detail-2048x1365.jpg 2048w" sizes="(max-width: 768px) 100vw, 768px" /></figure></div>


<p>Established by the Schmidt family in Pforzheim, Germany in 1872, Lotos brings a long history of tradition and excellence to crafting beautiful eyewear by hand from precious materials. It boasts its own gold atelier and a customer list that has long included European royalty and nobility. Available from Puyi, this extraordinary collection of decorative gold- or titanium-framed glasses is hailed as the most luxurious eyewear in the world.</p>



<h3 class="wp-block-heading">Byredo’s Remembrance</h3>


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<figure class="aligncenter size-large is-resized"><img decoding="async" loading="lazy" src="https://www.gafencushop.com/wp-content/uploads/2023/06/Byredo_Remembrance-18-colours-palette_Packshot_OPEN-1024x982.jpg" alt="" class="wp-image-75999" width="768" height="737" srcset="https://www.gafencushop.com/wp-content/uploads/2023/06/Byredo_Remembrance-18-colours-palette_Packshot_OPEN-1024x982.jpg 1024w, https://www.gafencushop.com/wp-content/uploads/2023/06/Byredo_Remembrance-18-colours-palette_Packshot_OPEN-200x192.jpg 200w, https://www.gafencushop.com/wp-content/uploads/2023/06/Byredo_Remembrance-18-colours-palette_Packshot_OPEN-800x767.jpg 800w, https://www.gafencushop.com/wp-content/uploads/2023/06/Byredo_Remembrance-18-colours-palette_Packshot_OPEN-292x280.jpg 292w, https://www.gafencushop.com/wp-content/uploads/2023/06/Byredo_Remembrance-18-colours-palette_Packshot_OPEN-768x737.jpg 768w, https://www.gafencushop.com/wp-content/uploads/2023/06/Byredo_Remembrance-18-colours-palette_Packshot_OPEN-1536x1473.jpg 1536w, https://www.gafencushop.com/wp-content/uploads/2023/06/Byredo_Remembrance-18-colours-palette_Packshot_OPEN.jpg 2039w" sizes="(max-width: 768px) 100vw, 768px" /></figure></div>


<p>Byredo’s latest limited-edition eyeshadow palette, Remembrance, sees 18 shades encased in a sleek, distinctive box designed by the company’s founder, Ben Gorham. Among the soft, creamy and lightweight second-skin textures in warm nudes, roses and browns, some are streaked with silvered shine, and together they form a seamless story through their mutability. Going on and staying on with ease, they encourage the wearer to take intuitive experimentation into their own hands.</p>



<h3 class="wp-block-heading">Bang &amp; Olufsen’s Beosound A5 speaker</h3>


<div class="wp-block-image">
<figure class="aligncenter size-large is-resized"><img decoding="async" loading="lazy" src="https://www.gafencushop.com/wp-content/uploads/2023/06/Beosound-A5-0029_p-1024x774.jpg" alt="" class="wp-image-75997" width="768" height="578"/></figure></div>


<p>Bang &amp; Olufsen has introduced the new portable Beosound A5 speaker. Designed in collaboration with the Danish-Italian design duo GamFratesi, Beosound A5 bridges northern and southern design cultures with the immersive sound, meticulous craftsmanship and product longevity for which Bang &amp; Olufsen is renowned. Epitomising Scandinavian design excellence, the speaker comes in two colourways, natural and black anthracite aluminium, with both finishes able to sit beautifully inside the home or outside in nature.</p>



<h3 class="wp-block-heading">Hennessy V.S.O.P NBA 2023 Limited Edition</h3>



<figure class="wp-block-image size-large is-resized"><img decoding="async" loading="lazy" src="https://www.gafencushop.com/wp-content/uploads/2023/06/Hennessy-V.S.O.P-NBA-S3-Simplify-your-life_Giftbox_p-1024x943.jpg" alt="" class="wp-image-76001" width="768" height="707" srcset="https://www.gafencushop.com/wp-content/uploads/2023/06/Hennessy-V.S.O.P-NBA-S3-Simplify-your-life_Giftbox_p-1024x943.jpg 1024w, https://www.gafencushop.com/wp-content/uploads/2023/06/Hennessy-V.S.O.P-NBA-S3-Simplify-your-life_Giftbox_p-200x184.jpg 200w, https://www.gafencushop.com/wp-content/uploads/2023/06/Hennessy-V.S.O.P-NBA-S3-Simplify-your-life_Giftbox_p-800x737.jpg 800w, https://www.gafencushop.com/wp-content/uploads/2023/06/Hennessy-V.S.O.P-NBA-S3-Simplify-your-life_Giftbox_p-304x280.jpg 304w, https://www.gafencushop.com/wp-content/uploads/2023/06/Hennessy-V.S.O.P-NBA-S3-Simplify-your-life_Giftbox_p-768x707.jpg 768w, https://www.gafencushop.com/wp-content/uploads/2023/06/Hennessy-V.S.O.P-NBA-S3-Simplify-your-life_Giftbox_p.jpg 1274w" sizes="(max-width: 768px) 100vw, 768px" /></figure>



<p>Hennessy and the National Basketball Association (NBA) have expanded a global partnership, making Hennessy the first “Official Spirit of the NBA”. The new, vibrant Hennessy V.S.O.P NBA 2023 Limited Edition comes in a bright orange gift box, with both box and bottle bearing the logos of the two brands. The elixir within is as you would expect, powerful and balanced with a lovely light spice on the nose. This highly sought-after Limited Edition is now available from selected retailers.</p>



<h3 class="wp-block-heading">Montblanc Sartorial Collection</h3>


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<figure class="aligncenter size-large is-resized"><img decoding="async" loading="lazy" src="https://www.gafencushop.com/wp-content/uploads/2023/06/Montblanc-Sartorial-Bowling-Bag_P-1024x929.jpg" alt="" class="wp-image-76004" width="768" height="697" srcset="https://www.gafencushop.com/wp-content/uploads/2023/06/Montblanc-Sartorial-Bowling-Bag_P-1024x929.jpg 1024w, https://www.gafencushop.com/wp-content/uploads/2023/06/Montblanc-Sartorial-Bowling-Bag_P-200x181.jpg 200w, https://www.gafencushop.com/wp-content/uploads/2023/06/Montblanc-Sartorial-Bowling-Bag_P-800x726.jpg 800w, https://www.gafencushop.com/wp-content/uploads/2023/06/Montblanc-Sartorial-Bowling-Bag_P-309x280.jpg 309w, https://www.gafencushop.com/wp-content/uploads/2023/06/Montblanc-Sartorial-Bowling-Bag_P-768x697.jpg 768w, https://www.gafencushop.com/wp-content/uploads/2023/06/Montblanc-Sartorial-Bowling-Bag_P-1536x1394.jpg 1536w, https://www.gafencushop.com/wp-content/uploads/2023/06/Montblanc-Sartorial-Bowling-Bag_P-2048x1858.jpg 2048w" sizes="(max-width: 768px) 100vw, 768px" /></figure></div>


<p>Montblanc has added a new dimension to its signature business collection inspired by libraries and the written word. The redesigned Montblanc Sartorial Collection features bags and small accessories in softer leather with a deep two-tone effect, new colours and the introduction of a modularity system that allows the smaller pieces to be attached to larger bags – creating new functionalities, styling options and many customisation possibilities. The triangular design of the handle nods to recognisable ink bottles from the Montblanc archive.</p>



<h3 class="wp-block-heading">Bulgari’s Pour Homme</h3>


<div class="wp-block-image">
<figure class="aligncenter size-large is-resized"><img decoding="async" loading="lazy" src="https://www.gafencushop.com/wp-content/uploads/2023/06/Pour-Homme_Lifestyle_with-box-884x1024.jpg" alt="" class="wp-image-76005" width="500" height="579" srcset="https://www.gafencushop.com/wp-content/uploads/2023/06/Pour-Homme_Lifestyle_with-box-884x1024.jpg 884w, https://www.gafencushop.com/wp-content/uploads/2023/06/Pour-Homme_Lifestyle_with-box-scaled-200x232.jpg 200w, https://www.gafencushop.com/wp-content/uploads/2023/06/Pour-Homme_Lifestyle_with-box-scaled-800x927.jpg 800w, https://www.gafencushop.com/wp-content/uploads/2023/06/Pour-Homme_Lifestyle_with-box-242x280.jpg 242w, https://www.gafencushop.com/wp-content/uploads/2023/06/Pour-Homme_Lifestyle_with-box-768x890.jpg 768w, https://www.gafencushop.com/wp-content/uploads/2023/06/Pour-Homme_Lifestyle_with-box-1326x1536.jpg 1326w, https://www.gafencushop.com/wp-content/uploads/2023/06/Pour-Homme_Lifestyle_with-box-1768x2048.jpg 1768w" sizes="(max-width: 500px) 100vw, 500px" /></figure></div>


<p>Pour Homme is a refreshing scent from Bulgari that induces feelings of harmony. Master perfumer Jacques Cavallier attains the perfect balance of olfactive forces in a contemporary composition that delivers a myriad of expressions – from freshness to comfort, subtlety to intensity, and energy to peace. Key notes of Darjeeling tea accord, lily and guaiac wood waft from the newly designed bottle that represents the elegance of the house.</p>



<h3 class="wp-block-heading">Berluti’s Playoff Sneakers Collection</h3>


<div class="wp-block-image">
<figure class="aligncenter size-large is-resized"><img decoding="async" loading="lazy" src="https://www.gafencushop.com/wp-content/uploads/2023/06/BERLUTI_SS23_PLAYOFF-CALFSUEDEVN-OFF-WHITEAVEIRO_HKD15600_SGD2800-6-1024x749.jpg" alt="" class="wp-image-75998" width="768" height="561"/></figure></div>


<p>Berluti has selected a series of footwear classics to pay tribute to a father’s love from the ground up. These include the latest addition to the Playoff sneakers collection for Summer 2023, which are stylishly designed with patinated Venezia leather cut-outs and a rubber outsole with a colourful leather insert. A version of the Alessandro lace-up court shoe features an asymmetrical Scritto pattern. The brand’s Father’s Day selections are curated to suit individual needs.</p>


Cutting-Edge and Chic: The Latest Luxury Products That Are Taking the Market by Storm


<p>From the most exquisite and attention grasping jewellery pieces to perfumes that smell heavenly day and night, Gafencu has put together these and more luxury picks that are taking over the season, and all these listed items would be a perfect gift for mothers too.</p>


<div class="wp-block-image">
<figure class="aligncenter size-large"><img decoding="async" loading="lazy" width="683" height="1024" src="https://www.gafencushop.com/wp-content/uploads/2023/05/TMC-2_p-683x1024.jpg" alt="" class="wp-image-74259"/></figure></div>


<p><strong>Light Niche</strong><br>Parfums MDCI takes inspiration from the famous French oil on canvas Portrait of Madame Récamier by the French Neoclassical painter François Gérard. Named &#8220;La Ravissante&#8221;, this women’s perfume creates a floral, gourmet and enchanting scent that would be perfect to add to any Mother’s Day gift list. Check out the whole collection at Scented Niche stores. K11 Musea.</p>


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<figure class="aligncenter size-large"><img decoding="async" loading="lazy" width="1024" height="1024" src="https://www.gafencushop.com/wp-content/uploads/2023/05/BUGS9009691BGTM_Front_p-1024x1024.jpg" alt="" class="wp-image-74257"/></figure></div>


<p><strong>Chain Reaction</strong><br>For spring 2023, John Hardy explores the pivotal shift of emblematic designs. The Classic Chain Icon collection pays homage to a long-time signature of the Bali-based jeweller and the ultimate symbol of bonding. This handcrafted series of chain bracelets take on a sharp, colourful transformation with the addition of vibrant gemstones such as blue topaz, light aquamarine and blue-green tourmaline while maintaining its coveted hand-woven look.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="510" src="https://www.gafencushop.com/wp-content/uploads/2023/05/420347L_02_p-scaled-e1684041163785-1024x510.jpg" alt="" class="wp-image-74256"/></figure>



<p><strong>Paris Love Letters</strong><br>A limited-edition S.T. Dupont collection presents masterpieces inspired by the most iconic monuments of the French capital. The S.T. Dupont Loves Paris range comprises the Writing Set, Smoking Set and Collector Set, with just 150 of each available. The sets are presented in lacquered wooden boxes featuring a rolling Parisian cityscape, stretching from the Pont des Arts to the Eiffel Tower, and finished with golden accents in honour of the brand’s 150th anniversary.</p>


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<figure class="aligncenter size-large"><img decoding="async" loading="lazy" width="686" height="1024" src="https://www.gafencushop.com/wp-content/uploads/2023/05/Opera-Tulle-Bracelet_p-686x1024.jpg" alt="" class="wp-image-74255"/></figure></div>


<p><strong>Leaf Relief</strong><br>Inspired by the marvels of nature, the Ramage collection by renowned Italian jeweller Buccellati celebrates the arrival of spring. Elegant pieces perfectly capture the abundant flora and foliage of this picturesque season in a classic pattern of the house popular since the 1920s. Through exquisite craftsmanship and fine attention to detail, a delicate openwork leaf pattern, accentuated by branches and vines, is created in gold and tiny diamonds for rings, earrings and pendants.</p>



<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="724" height="1024" src="https://www.gafencushop.com/wp-content/uploads/2023/05/2023_Clarins-Expert-Silhouette-Care2_p-724x1024.jpg" alt="" class="wp-image-74254"/></figure>



<p><strong>Coming of Shape</strong><br>The newly formulated advanced body shaping cream from Clarins targets stubborn curves at all ages, specifically on the abdomen, waist, buttocks and thigh areas. As an expert in Silhouette Care for more than 65 years, Clarins always strives to innovate and create specific, targeted ingredients and products for sleeker-looking body contours. Formulated with Arctic Ferment extract, the new Body Shaping Cream is upgraded with Organic Cryptomeria extract.</p>


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<figure class="aligncenter size-large"><img decoding="async" loading="lazy" width="728" height="1024" src="https://www.gafencushop.com/wp-content/uploads/2023/05/WU-050-WSFFER-RGRDH-SIDE-2mb-w-728x1024.jpg" alt="" class="wp-image-74252"/></figure></div>


<p>One of Love<br>Qeelin presents the brand new Wulu Echo collection, a celebration of self-love. Designed in symmetry, the mythical gourd upon which Wulu takes its shape is now paired up with a mirror image. It is crafted in 18k rose gold offering a diverse range of jewellery, from bangles and rings to ear hoops and necklaces. its dainty appearance easily sparks joy while at the same time offering many ways to display one’s own personal charm and making for the perfect fashion statement.</p>


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<figure class="aligncenter size-large"><img decoding="async" loading="lazy" width="1024" height="604" src="https://www.gafencushop.com/wp-content/uploads/2023/05/ThePOREfessionalDeepRetreat_Product_JarOpen_LidFrontFacing_p-e1684041438983-1024x604.jpg" alt="" class="wp-image-74251"/></figure></div>


<p><strong>Balms of the Pore</strong><br>Benefit devotes a whole new collection to the health of the pores. The 10 POREfessional products plus a handy cleansing wand have been specially developed to help minimise and clear the pores for a smoother, less congested complexion. POREfessional Tight ’n Toned Toner foam blends powerful alpha hydroxy acids and polyhydroxy acid to gently exfoliate the skin. For weekly use, POREfessional Deep Retreat Clay Mask contains mineral-rich kaolin clay to unblock deep pores and sea fennel extract to reduce excess surface oil.</p>


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<figure class="aligncenter size-large"><img decoding="async" loading="lazy" width="1024" height="1024" src="https://www.gafencushop.com/wp-content/uploads/2023/05/eau-papier-100ml-3quart_RET_RVB_HD_p-1024x1024.jpg" alt="" class="wp-image-74253"/></figure></div>


<p><strong>Scented Sheets</strong><br>Diptyque has developed a new fragrance in collaboration with perfumer Fabrice Pellegrin and artist Alix Waline. Infused with white musk and mimosa, L’Eau Papier is a tribute to creation – the backbone of the Parisian maison – and to paper, the primary means by which that creativity is expressed. Just as the ink will permeate different sheets of paper in unique ways, L’Eau Papier will produce different results from one skin to another over time.</p>



<p>For more shopping inspiration, check out our shopping column (pg: 36) in our latest May 2023 issue. Available on the Gafencu app on Android and Apple.</p>


Gifts for her: The Newest Luxury Picks of the Season

<p>First came the seamstress with her evolved needlework and skilled tailoring, then the local shops offering bespoke styles, and international catalogues allowing you to order whatever you fancied. The ’80s were marked by home-shopping channels, high-end designer stores for your haute couture and a fast-fashion fixation. Shiny malls and all-under-one-roof mega stores soon seamlessly blended into our urban fabric. Then e-commerce was born and it blew the doors off our beloved boutiques.</p>
<p><a href="//www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_1.png"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-62448" src="//www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_1.png" alt="Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_1" width="700" height="466" srcset="https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_1.png 700w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_1-200x133.png 200w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_1-600x399.png 600w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_1-421x280.png 421w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_1-120x80.png 120w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_1-500x333.png 500w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_1-400x266.png 400w" sizes="(max-width: 700px) 100vw, 700px" /></a></p>
<p>Twenty years ago, Net-a-Porter’s business model to sell designer fashions on the internet was considered dubious. Surely high-fashion shopping couldn’t, in actuality, be acquired sight unseen and look untried? It was one thing to add a bevvy of Christmas gifts to the Amazon cart, another to buy a spanking new Hèrmes bag from a website.</p>
<p>Contact-less, frictionless, ceaseless shopping has been every big business’ dream, and whilst we aren’t there yet, 2020 served to upend our established shopping habits and shove us one step closer to online consumerism. While it might take more than a global upheaval to push brick-and-mortar retailers entirely to the digital marketplace model, the epic tussle between in-person stores and e-commerce platforms continues.</p>
<p><strong>Also Read:&nbsp;<span style="text-decoration: underline;"><a href="//www.gafencushop.com/trendiest-mens-coats-fall-winter-2021/" target="_blank" rel="noopener">Trendiest men&#8217;s coats for the season</a></span></strong></p>
<p><a href="//www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_3.png"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-62450" src="//www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_3.png" alt="Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_3" width="700" height="466" srcset="https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_3.png 700w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_3-200x133.png 200w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_3-600x399.png 600w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_3-421x280.png 421w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_3-120x80.png 120w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_3-500x333.png 500w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_3-400x266.png 400w" sizes="(max-width: 700px) 100vw, 700px" /></a></p>
<p><strong>E-Commerce Embargo<br />
</strong>According to management consultancy Bain &amp; Company, the e-commerce luxury shopping industry is at the threshold of a paradigm shift. It clocked in a whopping US$58 billion in 2020; compare that to US$39 billion sales in 2019 and you can judge for yourself the gravitation towards digital. Another top consulting firm, McKinsey, found that people who rarely shopped online before 2020 now make 80 percent of their fashion buys off the internet. That figure might see a dip once the pandemic is over and people want to feel luxury in the flesh once more, but for now, consumers have migrated to e-commerce at an astonishing rate.</p>
<p>Bain &amp; Company predicts that by 2025, some 25 percent of all high-end purchases will happen digitally, and global revenues are expected to surpass an estimated US$136 billion. Yet, fashion houses like Dior and Céline, were slow to lift their e-commerce embargos in the fear of appearing too massy or less classy.<br />
At a basic level, luxury is defined by exclusivity and rarity – take away the element of scarcity and even diamonds lose their demand. The lengthy waiting list for the Hermès Birkin made it the most sought-after designer bag in the world. In January this year, Bottega Venetta caused a massive marketing disruption after vanishing from the social-media universe. During the pandemic, when brands were increasing their digital footprint for wider reach, falling off the Instagram, Facebook, Twitter and Weibo grid was an unprecedented move, yet it reaped gains – both in the number of fan accounts and sales – for the luxury house.</p>
<blockquote>
<p style="text-align: center;">“Some of the top names of the couture world were slow to lift their e-commerce embargos in the fear of appearing too massy or less classy”</p>
</blockquote>
<p><strong>Online VS Offline</strong><br />
Chanel follows a similar exclusivity strategy. Even a global health crisis could not push the brand digital. You may add Chanel’s fragrances, skincare and cosmetics to cart, but haute couture, fine jewellery and watches can only be bought in boutiques. Their business model is unlikely to change. Chief Financial Officer Philippe Blondiaux has stated categorically, “We don’t intend, crisis or no crisis, to sell fashion, watches and fine jewellery online.” The concept that a multibillion-dollar brand can exist in 2021 without online retail is both bold and titillatingly perverse.<br />
Most customers today start their journey online, and since 40 percent of fashion is being bought off the web, Hong Kong’s premier resource to buy pre-owned luxury timepieces Watchfinder &amp; Co. says, “companies had to reassess their business models and strategies to survive, or even thrive. At the peak of the pandemic, e-commerce was not a luxury, it became a priority.”</p>
<p>Oscar de la Renta, the first brand to embrace Amazon’s Luxury Stores, explains that the foremost challenge for a high-end brand to sell online is returns. Even though AR technology and 360-degree views allow customers to try on garments virtually from their phones, without interpersonal interaction and the physical donning of an outfit, it’s hard to imagine the fall, drape or fit on one’s body and complexion.</p>
<p><a href="//www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_5.png"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-62452" src="//www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_5.png" alt="Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_5" width="700" height="466" srcset="https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_5.png 700w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_5-200x133.png 200w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_5-600x399.png 600w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_5-421x280.png 421w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_5-120x80.png 120w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_5-500x333.png 500w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_5-400x266.png 400w" sizes="(max-width: 700px) 100vw, 700px" /></a></p>
<p><strong>Also Read:&nbsp;<span style="text-decoration: underline;"><a href="//www.gafencushop.com/latest-motor-luxury-yachts-2021/" target="_blank" rel="noopener">New releases of luxury motor yachts in 2021</a></span></strong></p>
<p>CEO Alex Bolen is working to find a solution to their 30-percent online return rate. When “a bad day” in Oscar de la Renta’s brick-and-mortar stores realises only a low single-digit return rate, the implication on costs is huge. To redress high returns, a company would need to introduce more inclusive fitting sizes – a slippery slope to mass-market? – and stock a bigger inventory, another red light for the luxury brands.</p>
<p>By refusing to sell online, Chanel has made its position aptly clear: it is not a part of the pack competing for eyeballs on the World Wide Web. Instead, its products are valued for their individuality, rarity and an element of mystery, a concept the consumer can invest in – with some degree of effort on their part.</p>
<p>But fashion must follow the customer or die. Before the hard knock of the pandemic, the world’s biggest luxury conglomerate, LVMH Moët Hennessy Louis Vuitton, made an exclusive arrangement for Dior and Céline to build an online presence through its multi-brand platform 24 Sèvres, which launched in 2017. However, the digital venture – rebranded as 24S – was still losing money last year. Controlling the destiny of 75 brands – including Givenchy, Marc Jacobs, Stella McCartney, Loro Piana, Kenzo and Bulgari – LVMH is the authority on how to start, acquire and run successful businesses, but standing out in the oversaturated, fragmented digital world is tricky when the competition is from stalwarts like Net-a-Porter and Farfetch, who have perfected their online models over the past two decades.</p>
<blockquote>
<p style="text-align: center;">“Products are valued for their individuality, rarity and an element of mystery, a concept the consumer can invest in – with some degree of effort on their part”</p>
</blockquote>
<p><strong>Relevance is the New Legacy</strong></p>
<p>Does the recent accelerated growth in luxury e-commerce sales, which has almost tipped into double digits, imply the future of shopping is exclusively online? Jean Jacques Guiony, Chief Financial Officer of LVMH, begs to differ. He believes “the five senses” experience of sampling merchandise has always been at the heart of brick-and-mortar stores and it cannot be matched online.</p>
<p>Platinum Guild International, a global organisation created in 1975 to promote the platinum jewellery market, echoes similar sentiments: “Rarity, exclusivity and engagement are the core values luxury goods hold. Many brands are expanding their customer base online but still keep some exclusivity by providing a premium, privileged shopping experience that consumers can only receive in stores.” In fact, its third-quarter analysis of the Indian, Japanese, US and Chinese markets reveal that when it comes to precious jewellery, “consumers want to feel, hold and try on the products before buying. Perhaps, at a certain price point, ‘online-only’ is not enough.”</p>
<p><a href="//www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_6.png"><img decoding="async" loading="lazy" class="aligncenter size-full wp-image-62453" src="//www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_6.png" alt="Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_6" width="700" height="466" srcset="https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_6.png 700w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_6-200x133.png 200w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_6-600x399.png 600w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_6-421x280.png 421w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_6-120x80.png 120w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_6-500x333.png 500w, https://www.gafencushop.com/wp-content/uploads/2021/11/Gafencu_retail_revolution_online_shops_dominating_luxury_shopping_6-400x266.png 400w" sizes="(max-width: 700px) 100vw, 700px" /></a></p>
<p>They are surely right. It has been postulated that once the retail apocalypse is behind us, online and offline channels will merge. Customers will expect high-quality, personal experiences both in stores as well as digitally, a trend already being witnessed at Watchfinder &amp; Co., which says: “Having started purely e-commerce, we simultaneously grew to have physical store presence all over the world. Both are essential to the luxury industry.”</p>
<p>The rarefied atmosphere of a high-end boutique will not only remain relevant in the modern age, but flourish anew as nostalgic big spenders rediscover that real touch of luxury.</p>
<p>&nbsp;</p>
<p><strong>Also Read:<span style="text-decoration: underline;">&nbsp;<a href="//www.gafencushop.com/november-highlights-things-see-do-hong-kong/" target="_blank" rel="noopener">Top things to see and do in Hong Kong this November</a></span></strong></p>
<p>&nbsp;</p>
<p><em>(Text: Nikita Mishra)</em></p>


Gafencu_retail_revolution_online_shops_dominating_luxury_shopping

Retail Revolution: What the future of ultra luxury looks like…

<p>
<div id="gallery-776" class="ngg-gallery">[{"id" : "30344","image" : "https://www.gafencushop.com/wp-content/gallery/christmas-gift-ideas/Add-warmth-to-your-Christmas-gift-with-Lladr%C3%B3s-Firefly-lamps-min.jpg","caption" : "Add warmth to your Christmas gift with Lladró's Firefly lamps"},{"id" : "30347","image" : "https://www.gafencushop.com/wp-content/gallery/christmas-gift-ideas/Be-a-headturner-at-any-Christmas-party-with-Kate-Spades-owl-lottie-bag-min.jpg","caption" : "Be a headturner at any Christmas party with Kate Spade's owl lottie bag"},{"id" : "30349","image" : "https://www.gafencushop.com/wp-content/gallery/christmas-gift-ideas/Be-the-perfect-Secret-Santa-with-this-John-Masters-organic-gift-set-min.jpg","caption" : "Be the perfect Secret Santa with this John Masters organic gift set"},{"id" : "30351","image" : 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<p>&nbsp;</p>
<p>With the clock ticking away towards Christmas, it’s more than high time to start planning for the perfect present for our loved ones. But what do you gift to the most discerning, elegant of individuals who has everything?</p>
<p>Fret not, for we have for you a selection of the most luxurious gifts that is guaranteed to satisfy even the most astute sensibilities.</p>


Last-minute Christmas gift ideas you just can’t go wrong with

<p><div style="width: 640px;" class="wp-video">
<video class="wp-video-shortcode" id="video-29229-1" width="640" height="360" autoplay="1" preload="metadata" controls="controls"><source type="video/mp4" src="https://www.igafencu.com/video/1712/EShop_Christmas.mp4?_=1" /><a href="https://www.igafencu.com/video/1712/EShop_Christmas.mp4">https://www.igafencu.com/video/1712/EShop_Christmas.mp4</a></video></div></p>
<p></p>
<p>With December nearly here, it’s almost time to spread a little festive cheer. This year, why not delight your loved ones with the perfect gift from the <em>Gafencu</em><em> E-Shop</em>&#8216;s&nbsp;selection of exclusive luxury lifestyle products?</p>
<p>And there’s even more reason to celebrate. From elegant jewellery and limited-edition accessories to the most debonair of timepieces, every item in the <em>Gafencu </em>online collection is available at a special Christmas promotional price.</p>
<p>Log on to the <strong><a href="http://www.gafencu.shop/">Gafencu E-Shop</a></strong> today and discover just what our carefully-curated selection of exclusive luxury goods has in store for you and for those you cherish.</p>

Tag: luxury shopping

Cutting-Edge and Chic: The Latest Luxury Products That Are Taking the Market by Storm

Gifts for her: The Newest Luxury Picks of the Season

Retail Revolution: What the future of ultra luxury looks like…

Last-minute Christmas gift ideas you just can’t go wrong with

Make the Most of Christmas with Gafencu’s Exclusive Luxury Gift Selection

Tag: luxury shopping

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Cutting-Edge and Chic: The Latest Luxury Products That Are Taking the Market by Storm

Gifts for her: The Newest Luxury Picks of the Season

Retail Revolution: What the future of ultra luxury looks like…

Last-minute Christmas gift ideas you just can’t go wrong with

Make the Most of Christmas with Gafencu’s Exclusive Luxury Gift Selection