Catch Fashion Hosts 'Global Sale Challenge' with Overseas Luxury Platforms

24S, Essence, Farfetch, Mytheresa and Other Global Luxury Platforms Launch Large-Scale Sales
Significantly Increased Benefits Including Card Company Partnerships...Up to 25% Cashback

[Asia Economy Reporter Eunmo Koo] Catch Fashion announced on the 18th that it has launched the 'Global Sale Challenge' promotion, offering additional benefits in line with the 'Pre-Summer Sale' season held by global luxury platforms such as 24S, SSENSE, Farfetch, and Mytheresa.

The Global Sale Challenge is a promotion in collaboration between Catch Fashion and global partners that handle only 100% authentic products. During the limited-time event, Catch Fashion's exclusive additional benefits such as card company partnership discounts and point/cashback accumulation are applied on top of the partners' own special discounted prices.

The first partner to participate in the Global Sale Challenge was 24S, an online store affiliated with the Louis Vuitton Mo?t Hennessy (LVMH) group, which offered various additional benefits with up to 22% discounts on non-sale items from the 9th to the 15th. As a result of the event, transaction volume during the period increased by 60% compared to the previous week.

From today, sale information for the Canadian online luxury platform SSENSE will be released. The Global Sale Challenge will update promotions from different partners every Wednesday until June. Detailed information can be found on the official Catch Fashion website and mobile app.

For this promotion, Catch Fashion has significantly expanded card company partnership benefits. Until the 10th of next month, when purchasing after moving to a partner site, using an IBK card allows cashback of up to 25%. Other card users can also receive cashback benefits of up to 10%. When purchasing through 'CATCH Shopping Bag', using KB Kookmin VISA card or KB Kookmin card provides immediate discounts of up to 9% and 3%, respectively.

A 'Friend Invitation Event' is also underway. When signing up through a friend invitation link, both the referrer and the friend receive 10,000 points each per occasion. Up to 500,000 points can be accumulated monthly, and if the invited friend makes their first purchase, 10,000 points can be accumulated unlimitedly. Accumulated points can be used immediately as cash.

A Catch Fashion representative said, "Thanks to official partnerships with overseas luxury platform companies without parallel imports or proxy purchases, we can apply additional benefits during overseas direct purchase sale seasons to secure the most competitive prices of the season." He added, "We hope customers will take advantage of the Global Sale Challenge, which opens in a relay over a month, to purchase 100% authentic products at reasonable prices."