Amazon is a big fish and it is about to go swimming in the high-end Fashion Ocean!
Jeff Bezos is luring in some big fashion names, Amazon was the corporate sponsor for the Met Ball, some impressive designers have joined the new Amazon fashion site and even Anna Wintour advised him on his puff choice for his Tom Ford tuxedo at the Met Costume Ball last week. ANNA FREAKIN” WINTOUR!!!!!
Michael Kors, Jack Spade, Tracy Reese have all aligned themselves with Amazon’s new fashion focus. The details are not clear in terms of what exactly Amazon is planning, but it is a safe bet that it is going to be big! The shipping costs for a book or for a haute couture piece are the same for Amazon, so the sky is the limit for potential profits. I love a good fashion & finance story (as I prove every Friday).
I sincerely hope there is some MAJOR TWEAKING that is about to happen to the existing Amazon fashion site (kinda yucky, just saying’). Here is the home page (yawn)….
Amazon has over $5 Billion in cash, already owns ShopBop (love that site), Zappos (easier way to buy children’s shoes – I doubt it!!!), and MyHabit (blah….not my fave Gilt.com impersonator). But apparently the new venture is going to be completely different from all of these….
I admit it, I am SO CURIOUS!!!!!!!!!!!!!!!!! Jeff Bezos, please feel free to contact me if you need a little help. really. seriously.