The Chinese e-commerce company made a pitch on Wednesday to attract more European luxury brands to its site, saying it could offer faster delivery and better protection against fakes than bigger rival Alibaba Group Holding.
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Second place went to Gucci for handbags and Armani for fashion apparel, according to an RBC study.
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How an unprecedented partnership is gunning for industry-wide change in how luxury fashion operates.
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With one foot in jewellery and the other in watches, Bulgari’s CEO Jean-Christophe Babin interprets the radical changes taking place in the industry with a sharp eye.
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The online retailer is consolidating its push into hard luxury, and expects to reach €1 billion in revenue by 2020.
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Cover image credit: Chanel. Image: Spring 2018 ad campaign.