ARI answers consumer demand for pre-loved fashion with LXR boutique

By Charlotte Turner |

The Loop Duty Free at Montréal-Trudeau International Airport has launched the first pre-loved luxury concept store to appear in an airport within North America.

 

The LXR Boutique from the eponymous vintage and pre-loved luxury retailer, specialises in handbags and accessories from designer brands including Hermès, Chanel, Louis Vuitton, Gucci, Prada, Ferragamo, Miu Miu, Cartier, Dior, Chloé, among others.

 

The topic of circular fashion was discussed in detail at the inaugural TR Consumer Forum, in a session called ‘Reshaping the Boundaries in Luxury Retail’. During the session, Diana Verde Nieto, CEO, Positive Luxury talked up the rising prominence of the re-world (re-sell, repair, rent) and the shift in interests from luxury products to luxury experience/travel.

 

A pre-loved Louis Vuitton handbag on offer at the Loop Duty Free's LXR boutique at Montreal Airport.

A pre-loved Louis Vuitton handbag on offer at the Loop Duty Free’s LXR boutique at Montreal Airport.

Jonathan Siboni, CEO, Luxurynsights shared his thoughts on the evolution of luxury consumers and agreed with Nieto on the importance of the second-hand market.

 

“Secondhand growth is mainly driven by Millennials and Gen-Z who focus on sustainability, affordability and uniqueness as well as one-of-a kind items… individuality and self-expression are also key values for Gen-Z,” he said.

 

A CANADIAN EXCLUSIVE

The opening is a Canadian exclusive, furthering ARI’s commitment in partnering with local and global suppliers ‘who share their business vision to supply a best-in-class range and service’.

 

ARI said that customers travelling through The Loop Duty Free International Store and shoppers online at theloopdutyfree.ca can avail of an ‘envious selection of sought-after pieces’ with LXR’s collection of luxury handbags, wallets and scarves from iconic fashion brands including Louis Vuitton and Gucci.

 

“LXR is a one stop shop for all vintage luxury needs and provides customers with authenticated branded products at an affordable price and is an environmentally responsible way for consumers to enjoy luxury products who otherwise may not have access to them,” added ARI.

 A PROGRESSIVE STEP FOR ARI’S SUSTAINABLE MISSION

Commenting about the new launch today, Jackie McDonagh, General Manager and Director, ARI North America said: “Circular fashion has become an important part of society, and we are delighted to be the first airport in Canada to offer a pre-loved range to our customers.

 

“This is a progressive step for our sustainable mission of driving socially ethical and environmentally responsible operations across all aspects of our business, aligned to our recently launched ESG strategy.”

 

Richard Maynes, Global Head of Fashion & Accessories, ARI, added: ‘’Today marks a key milestone for The Loop Duty Free International Store, Montreal.

 

“We welcome the opportunity to expand our retail offering and provide our conscious shoppers and fashion aficionados with an innovative shopping experience and the opportunity to invest in luxury pieces at a more accessible price point’.”

Diana Verde Nieto, CEO, Positive Luxury talked up the rising prominence of the re-world at the inaugural TR Consumer Forum.

Diana Verde Nieto, CEO, Positive Luxury (left) talked up the rising prominence of the re-world at the inaugural TR Consumer Forum, of which ARI was one of the sponsors. Photo credit: Grant Pritchard.

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