Richemont: develops businesses with Alibaba in China
(CercleFinance.com) - Richemont and Alibaba Group announce the opening of the flagship Net-A-Porter product on Alibaba's Tmall Luxury Pavilion, an exclusive platform dedicated to major luxury and fashion brands.
Richemont brands will be available on this service. They include Cartier, Baume and Mercier, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, Piaget, Roger Dubuis and Vacheron Constantin.
Jérôme Lambert, Richemont's CEO, said, "We seek to address the sophisticated needs of the Chinese luxury clientele and capture this unique growth opportunity".
Meanwhile, Jessica Liu, General Manager of Tmall Fashion and Luxury, said,
"The Chinese consumer is the engine of the global luxury market. We are pleased to satisfy the Chinese consumer's continuous demand for international luxury goods through the launch of the NET-A-PORTER flagship store, helping hundreds of its brands reach Alibaba's more than 670 million shoppers in China."
Copyright (c) 2019 CercleFinance.com. All rights reserved.
Richemont brands will be available on this service. They include Cartier, Baume and Mercier, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, Piaget, Roger Dubuis and Vacheron Constantin.
Jérôme Lambert, Richemont's CEO, said, "We seek to address the sophisticated needs of the Chinese luxury clientele and capture this unique growth opportunity".
Meanwhile, Jessica Liu, General Manager of Tmall Fashion and Luxury, said,
"The Chinese consumer is the engine of the global luxury market. We are pleased to satisfy the Chinese consumer's continuous demand for international luxury goods through the launch of the NET-A-PORTER flagship store, helping hundreds of its brands reach Alibaba's more than 670 million shoppers in China."
Copyright (c) 2019 CercleFinance.com. All rights reserved.