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Since Monday, the luxury group LVMH has been making surplus leather and fabrics from luxury houses available to fashion professionals at knock-down prices via Nona Source, a digital platform.
The platform is open to all fashion professionals, even competing houses, provided they have a SIRET number.
The platform unveils fabric or leather scraps selected by fashion experts and certified as “dormant stocks” of the houses belonging to LVMH, at a third of the wholesale price, according to the group.
Accompanied by videos, photos and technical details, one can find, for example, 693 square metres of lambskin at 34 euros per square metre, a 70 cm x 70 cm panel of water snake skin at 100 euros per square metre or 2 metres of poplin in a Vichy pattern for 14 euros. For the launch, 100,000 metres of 500 different fabrics and 1,000 metres of leather are available on the platform.
Professionals can thus buy by the roll, by the skin or by the panel, depending on the quantity available and without cutting or sampling, says LVMH.
The site does not give the names of the luxury houses from which these surpluses come. Consequently, it is impossible to find materials with the logo of the houses.
As the stocks are located in France, Nona Source only delivers in Europe for the moment, the group says.
Nona Source is one of the solutions proposed by LVMH “to meet the challenges of the circular economy”, a pillar of the group’s environmental policy defended through its LIFE 360 programme, the group stresses.
Read also > TOD’S SHARE PRICE REBOUNDS BY 13.37% AFTER LVMH’S DECISIONS
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Since Monday, the luxury group LVMH has been making surplus leather and fabrics from luxury houses available to fashion professionals at knock-down prices via Nona Source, a digital platform.
The platform is open to all fashion professionals, even competing houses, provided they have a SIRET number.
The platform unveils fabric or leather scraps selected by fashion experts and certified as “dormant stocks” of the houses belonging to LVMH, at a third of the wholesale price, according to the group.
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Since Monday, the luxury group LVMH has been making surplus leather and fabrics from luxury houses available to fashion professionals at knock-down prices via Nona Source, a digital platform.
The platform is open to all fashion professionals, even competing houses, provided they have a SIRET number.
The platform unveils fabric or leather scraps selected by fashion experts and certified as “dormant stocks” of the houses belonging to LVMH, at a third of the wholesale price, according to the group.
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