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: 可以免费看毛片的网站 | 天天干天天色综合 | 国产成人精品毛片 | 一级片欧美| 嫩草在线视频 | 欧美一级不卡 | 成年人爱爱视频 | 欧美视频在线一区 | 卡通动漫亚洲 | 麻豆av在线免费观看 | 欧美黄色a | 久久久噜噜噜久久久 | 国产欧美成人 | 国产免费播放 | 亚洲视频久久久 | 国产视频久久久 | 天堂在线观看中文字幕 | 影音先锋激情 | 中文字幕在线资源 | 黄色的网站在线观看 | 三级视频在线播放 | 蜜桃精品久久久久久久免费影院 | 另类图片亚洲色图 | 2024av| 亚洲黑丝在线 | 自拍偷拍网址 | 亚洲欧美在线看 | 激情国产一区 | 黄色高清网站 | 午夜三级在线 | 男人天堂2021 | 精品福利在线观看 | 国产精品探花一区二区在线观看 | 国产成人一区二区在线观看 | 找个毛片看看 | 中文字幕精品久久 | 亚洲综合视频一区 | 黄色成年人网站 | 国产在线一区二区 | 午夜视频久久 | 欧美性受黑人性爽 |