Fancy a Porsche subscription service?

Fancy a Porsche subscription service? Welcome to this week’s subscription roundup. In our main feature, we highlight luxury car maker Porsche’s new subscription service program called Porsche Passport. Then we feature apparel maker Gap’s launch of subscription boxes for baby clothes. Lastly, we look at Amazon’s plans for entering the pharmacy industry.
 

Porsche launches Passport subscription program

Want to get your hands on the Porsche Cayman? Well, how about subscribing to it then? Yes, this has now been made possible, thanks to a new subscription service called Porsche Passport. Under the service, the German automaker will offer on-demand access to a wide variety of sports cars and SUVs through an app. The subscription service has two pricing tiers – Launch and Accelerate. Launch is the cheaper of the two, covering eight models for $2000. Accelerate allows subscribers access to 22 models at $3000. Needless to say, it is still only affordable for the well-heeled! Last month, Volvo launched its new subscription service called Care by Volvo

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Gap launches subscription boxes for baby clothes

Yet another retailer is testing the subscription market for selling their wares. In what marks an interesting shift in apparel maker Gap’s strategy, the company has decided to offer baby clothes on subscriptions. Each subscription box contains six pieces of clothing which cost over $100 but are being offered at $70. Earlier this year, Amazon also announced plans for a new subscription box service called Prime Wardrobe.

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Amazon mulling over a move into healthcare next?

Looks like Jeff Bezos has his sights set on another multi-billion dollar industry – healthcare! According to some media reports, Amazon is said to be working on plans to enter the prescription drug distribution business. An announcement is expected to come before Thanksgiving this year. Healthcare players such as Walgreens and CVS are already facing the heat following this news as their stocks tumbled down by 5 percent. Amazon has also sent shockwaves across the retail industry through its acquisition of Whole Foods for $14 billion in June.

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Also read: Netflix raises price of subscriptions in the UK and US