New Shopping And Styling App VÊTIR Aimed At Luxury's Top-Tier Clients [Forbes]
BRUNELLO CUCIN UNSP/ADR (BCUCY)
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Source: Forbes
This leaves luxury brands with a renewed focus on keeping and catering to their top-tier customers. According to WSJ, retailers such as Mytheresa gets a third of its sales from 3 percent of its shoppers, while at Neiman Marcus , 2 percent of shoppers make up 40 percent of sales, according to the Wall Street Journal. Enter Vêtir, a new app launched by former ELLE editor and LVRMagazine Editor-in-Chief and co-founder of Editorialist Kate Davidson Hudson that provides a platform for customers, stylists, and sales associates to help manage and grow fashion portfolios, aka the clients' closets, heavily relying on AI technology, some of which is proprietary "Catering to your top client file is no longer just a nice-to-have; it's a make-or-break to a brand's bottom line. You see this with brands such as Gucci, Brunello Cucinelli, and Chanel who are all now opening by-appointment-only boutiques for their VICs so they can have the experience of an exclusive shopping event without having to i
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News
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- Levi Strauss Settles Trademark Lawsuit Against Brunello Cucinelli [Yahoo! Finance]Yahoo! Finance
- Mytheresa & Brunello Cucinelli's Joint Effort Was A Huge Success [Forbes]Forbes
- Prada Group Signals It Is Open to M&A, as It Amps Up Investments in Industrial Structure [Yahoo! Finance]Yahoo! Finance
- Brunello Cucinelli Opens a Third Store in Florida [Yahoo! Finance Canada]Yahoo! Finance Canada