13th March 2018

Kering Eyewear
to Open First Online
Flagship Store
in China on JD.com

Kering Eyewear is preparing to expand its business horizons by signing a strategic partnership with JD.com, China’s largest retailer and the world’s third largest internet company by revenue.

This agreement will be marked by the opening of Kering Eyewear’s official flagship store on JD.com, where a diversified selection of optical frames and sunglasses from Kering’s world-leading luxury brands will be available to JD’s over 292 million customers.
Kering Eyewear will leverage JD.com's digital expertise, leading online position and extensive traffic enabling it to effectively reach the entire country. The dedicated store will offer a carefully curated selection of designs, shapes and fits from various brands included in Kering Eyewear’s luxury, sports and lifestyle portfolio.
JD.com's smart logistics system will also allow Kering Eyewear to provide its customers with reliable, outstanding customer service, ensuring timely deliveries and 24/7 pre-and-post sale assistance.

“Kering Eyewear’s commitment to timeless quality and elegance makes the company a natural fit for us,” said Richard Liu, Chairman and CEO of JD.com. “We’re pleased to work closely with Kering Eyewear to provide a diversified selection of high-quality, luxury eyewear to our customers and to maximize its potential in China.”


JD.com will act as the authorized distributor of authentic Kering Eyewear products across the market. Besides implementing the company’s business-to-consumer presence and direct distribution in China, the partnership will enable close control over merchandise circulation.

"We are pleased to announce this major collaboration with JD.com,” commented Roberto Vedovotto, President and CEO of Kering Eyewear, "as China is a booming market for e-Commerce sales and a region with a high growth potential in the luxury segment, it was a natural choice to partner with this trusted and innovative player. The new flagship will focus on delivering a unique shopping experience to the local clientele, which is eager to discover our selected eyewear assortments distinguished by sophisticated design and uncompromising quality.”


ABOUT KERING EYEWEAR

Kering Eyewear is part of the Kering Group, a global Luxury group that develops an ensemble of luxury houses in fashion, leather goods, jewellery and watches. Today, Kering Eyewear designs, develops and distributes eyewear for a complete and well-balanced portfolio of 15 brands: Gucci, Cartier, Bottega Veneta, Saint Laurent, Alexander McQueen, Stella McCartney, Brioni, Altuzarra, Alaïa, Boucheron, Pomellato, Puma, McQ, Christopher Kane, Tomas Maier.


ABOUT JD.COM, INC.

JD.com is both the largest e-commerce company in China, and the largest Chinese retailer, by revenue. The company strives to offer consumers the best online shopping experience. Through its user-friendly website, native mobile apps, and WeChat and Mobile QQ entry points, JD offers consumers a superior shopping experience. The company has the largest fulfillment infrastructure of any e-commerce company in China. As of December 31, 2017, JD.com operated 7 fulfillment centers and 486 warehouses across China, staffed by its own employees. JD.com is a member of the NASDAQ100 and a Fortune Global 500 company.


ABOUT KERING

A global Luxury group, Kering develops an ensemble of luxury houses in fashion, leather goods, jewellery and watches: Gucci, Bottega Veneta, Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Christopher Kane, McQ, Stella McCartney, Tomas Maier, Boucheron, Dodo, Girard-Perregaux, Pomellato, Qeelin and Ulysse Nardin. Kering is also developing the Sport & Lifestyle brands Puma, Volcom and Cobra. By ‘empowering imagination’, Kering encourages its brands to reach their potential, in the most sustainable manner.

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