Secoo

Retail Asia15/08/2022

Secoo, once China’s top online luxury goods retailer, has filed a bankruptcy petition for the second time this year, showing how difficult it is for some companies to survive amid waning domestic consumption power in the country. Beijing Siku Shangmao Co, the corporate entity of the Nasdaq-listed company, filed a bankruptcy case with the First […]

Retail Asia27/07/2018

Asia’s largest online luxury platform Secoo has formed a strategic partnership with Chinese company Shangdong Ruyi for the sale and distribution of the latest luxury clothing and accessories. The partnership between the Chinese firms will see both companies “leverage respective resources and expertise in branding, technology, network and channel management to jointly establish a global omnichannel fashion supply chain […]

Retail Asia11/07/2018

LVMH-linked L Catterton Asia and JD have jointly invested US$175 million into Asian luxury fashion platform Secoo, via convertible notes. L Catterton and JD together will have the right to appoint a director and an observer to Secoo’s board of directors. But in a broader tie-up, Secoo will have access to L Catterton’s network of […]

Retail Asia09/07/2018

Luxury retail platform Secoo has announced a partnership with Italian porcelain manufacturer Richard Ginori exclusively for the Chinese market. The heritage brand, founded almost 300 years ago, is one of the region’s most prestigious manufacturers of fine porcelain tableware and artistic porcelain. Li Rixue, Secoo’s founder and CEO, said: “The entry of Richard Ginori carried […]

Retail Asia12/12/2017

Luxury brands have started embracing e-commerce in China, says the Luxury China report released by digital marketing company L2. It says 91 per cent of luxury brands in China had gone online by June last year, more than double the 43 per cent using e-commerce 12 months earlier. This comes as Chinese millennials and generation Z are […]

Retail Asia11/10/2017

Chinese lifestyle platform Secoo Holding has signed a deal to be the exclusive partner in China for the European Confederation of the Footwear Industry (CEC). With the agreement covering more than 100 European footwear brands, Secoo Group has secured the exclusive China rights to 87 per cent of the supply of European premium footwear. Representing […]

Retail Asia25/09/2017

Chinese luxury e-commerce company Secoo Holding Limited on Friday rang the Nasdaq Stock Market opening bell in celebration of its Initial Public Offerings (IPO). Secoo’s IPO of 8,500,000 American depositary shares (ADSs) priced at 13 U.S. dollars per ADS, within the pricing range of 11.5 dollars to 13.5 dollars given by the company, for a […]

Tag: Secoo

Secoo files for bankruptcy for the second time

Secoo partners with Shangdong Ruyi

L Catterton Asia, JD.com Invest In Secoo

Secoo and Italia’s Richard Ginori tie up in partnership

E-commerce trend as highlight at Luxury China report

Secoo signs exclusive European footwear deal

Chinese luxury e-commerce firm Secoo debuts on Nasdaq