Gucci has remained the number one most popular luxury brand online, new data reveals.
The Italian label received 15.2 percent of the total search interest for luxury goods in 2020, according to luxury good magazine Luxe Digital. Chanel and Hermรจs followed close behind with 11.6 percent and 10.2 percent, respectively.
Next came Dior, Louis Vuitton, Rolex, Tiffany, Prada, Versace, Armani, Valentino, Balenciaga, Cartier, Burberry and Omega.
Thatโs according to the latest annual study by Luxe Digital, which analysed over 3,000 data points from Google, website traffic, and social media reach to find its results.
Italian label Versace and French label Hermรจs saw particularly strong growth during the year, gaining 10 and eight points, respectively.
Luxe Digital said Gucci came first because of its โconstant drive to experiment and innovate onlineโ, from digital gifting with split payments to AR-powered try-on features on Snapchat and the Gucci App.
One of the keys to success for brands this year was adapting to the new stay-at-home economy and launching more casual looks, with Luxe Digital highlighting Versaceโs bathrobes worn by Drake and Jennifer Lopez and the Nike-Dior sneakers.
Unsurprisingly, sustainability was also key, with every luxury brand in the ranking this year currently running some form of sustainable efforts.
Meanwhile, brands Louis Vuitton, Burberry, and Balenciaga saw their online popularity declining compared to last year.
Balenciaga lost six points in this yearโs ranking to end number 12 on the list. โThis is mostly driven by the declining popularity of the brandโs designer sneakers,โ Luxe Digital said.
Gucci, one of the world’s leading luxury designer brands, will be the first in it’s class to begin accepting bitcoin payments in some US locations.
According to Vogue Business: “In-store payments will be made using a QR code that customers can scan with their crypto wallet, sent by Gucci via email. The stores will accept various digital currencies, including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dogecoin, and Shiba Inu.”
The first locations to accept crypto are Wooster Street in New York, Rodeo Drive in Los Angeles, Miami Design District, Phipps Plaza in Atlanta, and The Shops at Crystals in Las Vegas.ย
Other high-end brandsโmost recently, Off-Whiteโhave already begun accepting crypto.
Offering in-store crypto payments is the latest in Gucci’s move into Web3. Earlier this year, Gucci entered the metaverse by purchasing virtual land in the decentralized blockchain game The Sandbox for an undisclosed amount; it’s building a virtual “Gucci Vault” for Gucci-themed NFTs.
The launch of theย Bulgariย Aluminio in 1998 created quite a stir. Its unusual combination of black rubber and lightweight aluminumย resulted in an unconventional but highly attractive, eye-catching sports watch with a slick Italian soul. In 2020,ย Bulgari staged a much-anticipated comeback of theย Aluminumย with automatic movements and an increased water-resistance of 100 metrosย in time-and-date,ย chronographย andย GMT models.
One of the most distinguishing features of the Aluminium collection is the thick rubber bezel inscribed with Bvlgari Bvlgari. Picking up on the vesselโs black hull, the rubber bezel of the Aluminium Amerigo Vespucci is black, matching the black rubber strap. Home time can be tracked on the bright yellow and black anodised aluminium 24-hour flange with white numerals indicated by a central yellow arrow-tipped hand with lume. The yellow and black details on the sloping GMT flange and dial are meant to reference the golden trimmings and black railings of the Amerigo Vespucci.