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Chinese luxury fashion label Shanghai Tang has been acquired by Chinese investment fund Lunar Capital. The new owner specialises in growing mid-sized Chinese firms, already holding a range of clothing brands. Their acquisition signals a new direction for the…
Christian Louboutin’s signature red-soles have tiptoed their way onto Toplife. Joining numerous international leading luxurious brands such as Fendi, Saint Laurent, Alexander McQueen or Oscar de La Renta, Christian Louboutin has partnered up with JD’s luxury…
Alexander McQueen China has partnered with JD.com to launch a store on the e-commerce giant’s luxury platform Toplife. It will offer the full Alexander McQueen fashion ranges as well as accessories. While the UK luxury fashion brand already has 15 on-ground…
Santander UK has partnered with Chinese retailer JD.com to give British brands access to China’s massive retail and consumer market. As part of the agreement, small and medium-sized business customers at Santander with turnover of at least £10 million and…
French fashion label Saint Laurent, part of Kering, will start selling online in China through a JD.com portal, joining shopping players like Alibaba in trying to tap strong luxury goods demand from Chinese consumers. The French brand created in 1961 by its…
JD.com profit soared 50 per cent after a 39 per cent increase in sales during the Chinese online retailer’s latest quarter. Its unaudited results for the three months to the end of September show revenue of RMB83.7 billion (US$12.6 billion), with a record…
