Thursday, 26 August 2021

Disruption in the Fashion Industry: Gray Market Digital Sales Emerge

©iStock/Grosescu Alberto Mihai
Want to be a player in the multibillion-dollar luxury “gray” market, a fast-growing sales sector that has historically operated out of sight of most Western consumers?  Think of is as a secretly discounted modern luxury digital market. 

Try these on for size:  Baltini (Italy), Italist (USA), FarFetch (London), and Cettire (Australia).

Gray market sales – or what used to known as parallel importing – have been ending up in millions of digital shopping baskets.  Read on to learn more.

The Fashion Law is a website exploring the legal and commercial challenges facing the gray market industry.



from The Global Small Business Blog https://ift.tt/2XPSwao

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