日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Companies

LVMH goes online to lure more luxury customers to spend

By SHI JING in Shanghai | China Daily | Updated: 2017-07-25 07:13

LVMH goes online to lure more luxury customers to spend

A woman walks past a Louis Vuitton advertisement in Fuzhou, capital of Fujian province. CHEN HAO / FOR CHINA DAILY

Global luxury giant LVMH is embracing the digital age in China by providing online shopping services for its core brand Louis Vuitton.

Starting from July 20, consumers can shop on Louis Vuitton's official Chinese website for all the products in the latest season, including handbags, shoes, ready-to-wear clothing, jewelry, accessories and fragrances. The online service has initially been made available in 12 major cities including Beijing, Shanghai and Guangzhou.

Not all the products can be delivered, with some requiring consumers to pick them up at stores. There is no price difference between goods offered at bricks-and-mortar stores and the online platform. UnionPay and Alibaba Group's Alipay are accepted, while Tencent Holdings' WeChat payment is not supported yet.

This is the 11th e-commerce platform that Louis Vuitton has rolled out since the first in France in 2005. Industry insiders said that the online channel will offset the brand's closure of eight bricks-andmortar stores in second and third-tier Chinese cities since last year.

LVMH Chairman Bernard Arnault said earlier that online shopping services are "very demanded by the client", saying that digital capabilities are an essential component of the elite experience of buying luxury goods.

With a market capitalization in excess of 100 billion euros ($117 billion), LVMH has been quite active with its digitalization. It hired Ian Rogers, a former executive at Apple Music, to be the group's digital officer in September 2015. The group's e-commerce platform 24Sevres became operational in June.

Chris Morton, chief executive officer of online luxury retailer Lyst, in which Arnault's family has also invested, said that luxury brands will face the risk of being eliminated if they continue to ignore consumers' needs and overlook digitalization.

Globally, digital sales of luxury goods increased by almost 12 percent in 2016, outpacing all other retail channels, according to market research firm Euromonitor International. Sales of luxury products are set to increase by an additional 50 percent in real terms over the next five years, accounting for almost 10 percent of all luxury sales.

As the world's largest e-marketplace, the transaction volume of China's e-commerce market rose 25.6 percent to total 20.5 trillion yuan ($3 trillion) in 2016, according to market consulting firm iResearch.

Just two weeks ahead of Louis Vuitton's move, Gucci started the online shopping service on its official website in China, and Prada is expected to roll out the same service in the third quarter. Christian Dior started to sell handbags on its official WeChat account last August.

Burberry launched its store on Alibaba's major online marketplace Tmall three years ago. According to the group's fiscal report for the first quarter ending June 30, income from e-commerce has increased by 40 percent year-on-year, and that result in China has more than doubled.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 少妇视频在线播放 | 伊人婷婷色 | 亚洲欧美中文字幕 | 久久久久久久久久久97 | 99免费精品| a免费在线观看 | 中文字幕在线看 | 激情综合网五月 | 免费激情网 | 国产免费黄色 | 成人在线观看免费 | 一本久久综合 | 大地资源网在线观看免费官网 | 麻豆一区二区99久久久久 | 一级特黄特色的免费大片视频 | 可以看毛片的网站 | 国产不卡在线观看 | www.五月天婷婷 | 国产一二在线 | 一级黄色淫片 | 美国黄色a级片 | 91插插插影库永久免费 | 国产免费黄色大片 | 久一在线| 国产图片区| 国产福利视频在线观看 | 天天操婷婷| 欧美日韩综合在线观看 | 国语毛片| 久久伊人青青 | 特级黄色大片 | 性久久久久久 | 成人午夜小视频 | 男女做爰猛烈动高潮大叫 | 国产精品久久久久桃色tv | 中文字幕av亚洲精品一部二部 | 手机看片日韩在线 | 亚洲精品视频在线 | 日韩中文字幕高清 | 九色在线观看 | 无遮挡黄色 |