This luxury goods site is a ‘retail playground’ for the 1 percent

Discussion in 'Luxury and Lifestyle' started by dealmaker, Jul 8, 2017.

  1. dealmaker

    dealmaker

    ByLisa Fickenscher

    July 7, 2017|10:54pm

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    Call it the Amazon for the 1 percent.

    A 3-year old e-commerce site that sells super-luxury goods — think $190,000 tricked-out Jeeps and $19,000 ostrich duffel bags — to the world’s wealthiest consumers is booking sales increases of roughly 300 percent.

    While the site,World’s Best, is working off a small revenue base, it is still experiencing rapid growth while other retailers are doing back-flips to avoid bankruptcy.

    The home, jewelry and lifestyle items offered by World’s Best, from brands like Hermes and Chanel and others, typically run fro, $5,000 to $500,000.

    But there is also a $1.7 million personal submarine.

    “If something is being sold in Nordstrom, you won’t find it on our site,” said co-founder Robert Steele, a former division president at PepsiCo.

    http://nypost.com/2017/07/07/this-luxury-goods-site-is-a-retail-playground-for-the-1-percent/