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ARTICLE · 11 MAY 2018

Online Giant JD.com Opens A New Office In Paris

As the world's second-largest luxury market, China represents new perspectives for the luxury brands to reach millions of potential consumers.

ChinaCorporate/Commercial Law
HFG Law Firm
HFG Law Firm

As the world's second-largest luxury market, China represents new perspectives for the luxury brands to reach millions of potential consumers. According to the PwC Total Retail 2017 report, 93% of Chinese consumers have purchased luxury clothes, shoes or leather goods online which demonstrates the increased prominence of the e-commerce in the Chinese consumption process, now setting the benchmark for present and future global retailer.

After the deal concluded with Farfetch, the London-based fashion online retailer in June 2017, JD.com has been ramping up its efforts to secure the trust of both consumers and brands in the luxury sector.

The opening of its European headquarter in France is an "important milestone" for JD.com, as the e-commerce platform is enhancing its European presence.

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