e-Luxury to Close Retail Section

[SoCal2NYC]

ELuxury.com, the designer e-commerce site launched in June 2000 by LVMH Moët Hennessy Louis Vuitton, will close the retail portion of the site over the next six months.

A spokeswoman at LVMH confirmed the San Francisco-based e-tailer is in the early stages of transitioning the site into an online magazine focusing on luxury markets. She said the reason for the closure of the retail operation was not based on the site's financial performance, but rather because many of the brands it sells have developed their own online presences.

 

[cjbreed]

well damn man....

 

[kiya]

No ******* way..
That was one of the ONLY e-commerce sites that i enjoyed going back to every week or so..

 

[SField]

Where will LV sell online now?

 

[michaeljkrell]

Originally Posted by SoCal2NYC

She said the reason for the closure of the retail operation was not based on the site's financial performance, but rather because many of the brands it sells have developed their own online presences.

I'm sure if it was raking in the cash, they would have found a way to continue.

 

[lizmasc]

The official explanations don't always make much sense, in this case I think if they were making a good profit they wouldn't touch the system. You don't mess around on a winning team

 

[jskidder]

this kind of sucks

 

[SoCal2NYC]

Deep down I'm happy because a troll I used to hate at Saks went to work for them about 5 months ago.

If I recall it's orginal inception it did have some e-zine type aspects of it and then just became the total e-com sit. I'm sure for the LVMH owned brands they will still sell online; but, just not direct to eLux.

 

[PG2G]

Probably the only decent MMM stock online. I wonder if they had some kind of exclusive before. Hopefully someone picks up the slack.

 

[kronik]

That sucks. Here's to a firesale.

 

[why]

Two other threads on this already, but I like this one more so I'm posting in it.

 

[zippyh]

Originally Posted by SField

Where will LV sell online now?

LV has been selling online at their own site for a while now.

 

[thekunk07]

**** them. they're closing cause they never have anything in my size.

 

[TheFusilliJerry]

^^ can you blame them?

 

[thekunk07]

sure i can. old men like me tend to be larger, most twiggy replicants cannot afford their ****.