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JD.com, Inc and the British Fashion Council Announce a New Partnership to Elevate Global Fashion Brands and Talents with JD.com, Inc. announced as the Official Asian Online Retail Partner of London Fashion Week September 2024

Posted on by Yuchuan Wang

JD.com, Inc. (also known as Jingdong) and the British Fashion Council are delighted to announce a new partnership, which aims to enhance the presence of British and international fashion brands in the Chinese market and create a global platform for Chinese and Asian designers.

The partnership will leverage JD.com, Inc.’s advanced e-commerce infrastructure and extensive consumer reach to help British and global fashion brands in navigating the complexities of the Chinese market.

Sherrin Kong, President of JINGDONG Fashion on the left, Caroline Rush, CEO of the British Fashion Council on the right

JD.com, Inc.’s sophisticated in-house supply chain and logistics network, which delivers 90% of retail orders within 24 hours and its commitment to authenticity and quality have made it the preferred platform for many renowned fashion and luxury brands. Today, the platform boasts representation from over 90% of the world’s most recognised luxury brands, including Louis Vuitton, Gucci, Burberry, Mulberry, Bottega Veneta and more. In the past year, JD.com, Inc. has expanded its luxury portfolio to include partnerships with brands including Saint Laurent, Balenciaga, HERMÈS fragrances and makeup, Moncler and Alexander Wang. It has also introduced modern streetwear labels such as WE11DONE, UNDEFEATED, and FEAR OF GOD, ESSENTIALS.

The partnership will also support JD.com, Inc.’s ongoing efforts to promote Asian fashion brands and designers on the world stage. As the Official Asian Online Retail Partner for London Fashion Week September 2024, JD.com, Inc. is showcasing the immense talent emerging from China and Asia at London Fashion Week this season. The JINGDONG Fashion “RED JOURNEY” catwalk will feature collections from four brands: HAZZYS, ELLASSAY, Marisfrolg, and PURE TEA. The show at Somerset House draws inspiration from JINGDONG’s signature red and its passion for creativity and innovation. From September 9th to October 3rd, JD.com, Inc. will also feature a dedicated London Fashion Week page on its app, promoting international fashion to its 600 million customers.

“The strength of JD.com, Inc.’s logistics network and our cutting-edge e-commerce solutions have made us the partner of choice for international fashion brands looking to succeed in China,” said Sherrin Kong, President of JINGDONG Fashion. “By leveraging our robust supply chain capabilities, we are excited to deepen our partnerships and continue our role as a gateway connecting the global fashion community with Chinese consumers. This partnership with the British Fashion Council exemplifies our commitment to bringing a diverse array of global fashion perspectives to China and, in doing so, supporting the dynamic exchange of culture and innovation in fashion.”

Caroline Rush, CEO of the British Fashion Council said: “This partnership provides our emerging designers and brands with a platform that facilitates smoother collaborations across borders but also amplifies their exposure in the crucial Chinese market. We look forward to seeing what the partnership has in store and to working together to encourage continued collaboration between the UK and Chinese markets.”

JD.com, Inc. supports a variety of business models to accommodate brand needs, including first-party retail, third-party flagship stores, direct-to-consumer mini-programs, omnichannel solutions, and vendor-managed inventory systems. Since the beginning of 2024, JD.com, Inc. has seen a 60% year-on-year increase in top apparel and footwear brands and a 200% increase in third-party fashion merchants.

 

About JD.com, Inc.

JD.com, Inc., also known as Jingdong, has evolved from a pioneering e-commerce platform into a leading technology and service provider with supply chain at its core. Renowned for its supply chain innovation and excellence, the company has expanded into sectors including retail, technology, logistics, healthcare, and more, aiming to transform traditional business models with cutting-edge digital solutions. Ranking 47 on the Fortune Global 500, JD.com, Inc. is China’s largest retailer by revenue.

 

About British Fashion Council

The British Fashion Council (BFC), formed in 1983, is a not-for-profit organisation focused on the relentless innovation, responsible growth and local and global amplification of the British fashion industry. Its mission is to champion British fashion on the world stage by pioneering world class programmes that unlock and elevate British creative talent. This is fuelled by an extraordinary diverse and inspiring community of advocates, icons, experts, and fans.

The BFC amplifies excellence in creativity and its role in the UK’s cultural influence through The Fashion Awards and London Fashion Week. The BFC prepares businesses for positive change through relentless innovation with a focus on Diversity, Equity, Inclusion and Belonging (DEI&B), Web 3.0 and pivotal areas of the UK Circular Fashion Eco-system through the Institute of Positive Fashion (IPF). The BFC enables responsible growth through a dynamic, inclusive, and unified community that advocates for creativity, innovation and collectively supports the industry to grow and talent to gain access.

The BFC Foundation (Registered Charity Number: 11852152) was created in 2019 for charitable purposes and grant giving; attracting, developing, and retaining talent through education and business mentoring. The BFC Foundation offers support to designers through four talent prizes: BFC/Vogue Designer Fashion Fund, BFC/GQ Designer Fashion Fund, BFC NEWGEN and the BFC Fashion Trust. With the support of the BFC Colleges Council, the BFC Foundation offers BA and MA scholarships to students, as well as links with industry through design competitions and Graduate Preview Day. The Fashion Awards is the primary fundraiser for the BFC Foundation.

For more information visit: britishfashioncouncil.co.uk / londonfashionweek.co.uk / instituteofpositivefashion.com

 

 

(yuchuan.wang@jd.com)

JINGDONG Industrials Hosts Partner Conference in Thailand, Expands Local Supply Chain Integration

Posted on by Vivian Yang

JINGDONG Industrials, a leading Chinese industrial supply chain technology and service provider under JD.com (also known as JINGDONG), held its first Business Partner Conference on September 12th in Bangkok. The event drew over 100 Thai industrial suppliers’ participation, including 3M, Schneider, Keyence and more. During the conference, JINGDONG Industrials formalized agreements with prominent brands including Henkel, ZEBRA, and BORNEO, expanding the range of industrial and general-purpose products available in Thailand on its platform. The company also introduced a simplified onboarding process and exclusive incentives tailored to local partners.

JINGDONG Industrials’ invitation to Thailand-based suppliers stems from the growing procurement needs of Chinese companies in the region, particularly in industries such as the automotive, electronics, metallurgy, and consumer goods. The collaboration opportunities span a wide range of categories, including industrial products such as wires, cables, machinery, and lifting equipment, as well as general-purpose products like office supplies, networking equipment, and office furniture.

By leveraging JD.com’s extensive expertise in supply chain management, JINGDONG Industrials aims to establish a highly efficient, precise, and reliable procurement system that connects Chinese companies abroad with local suppliers. With a deep understanding of the procurement needs of Chinese manufacturing enterprises, JINGDONG Industrials provides comprehensive services that cover demand matching, inventory management, fulfillment, and after-sales support. Additionally, its self-developed TAIPU intelligent supply chain solution offers a full suite of services, including consulting, top-down design, and system configuration, fostering deeper integration between Chinese and Thai supply chains and promoting mutual growth.

As China’s leading industrial supply chain platform, JINGDONG Industrials supports over 50% of China’s Fortune 500 companies and more than 40% of global Fortune 500 companies operating in China. The platform offers seamless integration for both general MRO (maintenance, repair, and operations) products, specialized MRO products, and BOM (bill of materials) components.

Chinese investments in Thailand have surged in recent years, bolstered by Thai government initiatives to attract foreign investors. From 2022 to 2023, Chinese enterprises topped the list of foreign investors in Thailand, a trend that continues in 2024. JINGDONG Industrials’ initiative further strengthens the economic ties between China and Thailand, enhancing the regional industrial supply chain ecosystem.

Click here for more information about JINGDONG industrials and get in touch.

 

(vivian.yang@jd.com)

JD Super Celebrates 10th Anniversary with Significant Investment in Brand Growth and New Initiatives

Posted on by Vivian Yang

On September 5th, in Beijing, JD Super, the supermarket division of JD.com, marked its tenth anniversary by announcing a significant RMB 10 billion investment to bolster the growth of its brand partners, with a particular focus on agricultural producers and new product launches. The event was attended by nearly 500 executives from leading fast-moving consumer goods (FMCG) companies, including industry giants such as P&G, L’Oréal, Moutai, and Yili Group.

The ceremony highlighted JD Super’s  robust performance in the first half of 2024, where it saw a 20% year-over-year increase in new users and a more than 30% rise in order volume, coupled with double-digit revenue growth. As of the end of 2023, over 50 brands had surpassed RMB 1 billion in annual sales, with more than 100 brands achieving sales of RMB 500 million, and over 500 brands reaching sales of RMB 100 million.

Sandy Xu, CEO of JD.com, emphasized the significance of JD Super’s role in the company’s future, stating that its future growth will be driven by JD’s efficient supply chain, omni-channel capabilities, and an open ecosystem that supports sustainable development for all partners.

Yao Yanzhong, Vice President of JD.com and President of JD Retail FMCG, elaborated on JD’s strategy to enhance supply chain efficiency, product competitiveness, and cost-effectiveness to achieve high-quality growth on JD.com. He noted the importance of avoiding “involuntary competition” that can harm consumer interests.

In conjunction with the RMB 10 billion investment, JD Super introduced a new “arm-flinging” operation model aimed at reducing the operational burden on brand partners. This model enables brands to focus solely on product development while JD’s teams handle marketing and sales efforts. The direct procurement approach minimizes product handling, reducing costs and enhancing efficiency. Additionally, JD’s product safety monitoring labs in JD Logistics’ 45 Asia No.1 intelligent warehouses add an extra layer of quality assurance.

JD Super’s brand partners will benefit from access to over 30% of JD’s extensive marketing resources across JD.com and public channels, significantly enhancing their visibility and growth potential.

With these strategic investments and new initiatives, JD Super is poised to further strengthen its position as a leader in the retail sector, driving forward innovation and sustainable growth for its brand partners in the coming years.

 

(vivian.yang@jd.com)

Moody’s Upgrades JD.com to A3 Rating, Citing Resilient E-commerce Business Model Operations and Supply Chain Capabilities

Posted on by Vivian Yang

On September 4th, Moody’s Ratings updated JD.com’s issuer and senior unsecured ratings to A3 from Baa1 and revised the outlook to stable. This marks the third time Moody’s has upgraded the company’s rating since 2016.

“The ratings upgrade and stable outlook reflect JD.com’s leading market position in China’s e-commerce market with a unique and resilient business model, supported by deep supply-chain capability and economies of scale as well as its prudent financial policy that underpins low leverage and a solid net cash position,” Shawn Xiong, a Moody’s Ratings Vice President and Senior Analyst.

Moody’s anticipates that JD’s core retail business will experience steady to moderate revenue growth over the next 12-18 months, thanks to its expanding third-party marketplace business (3P) and an increase in the number of 3P merchants, along with a growing revenue share from JD Logistics.

Moreover, the ratings agency expects margins to remain stable during this period, driven by efficient cost control, improved operational efficiency, and ongoing product category optimization. JD’s second-quarter earnings report disclosed that its Non-GAAP net margin reached 5% for the first time, influenced by a gross margin expansion to a record level of 15.8% in the quarter, reflecting enhancements across nearly every category.

(vivian.yang@jd.com)

Ochama Enhances Customer Convenience with New Pickup Points and Expands Next-Day Delivery Options in France

Posted on by April Chai

Ochama, the European omni-channel retail brand of JD.com, Inc. (also known as JINGDONG), recently announced an expansion of its pickup point network in the Paris region to improve fulfillment efficiency aross France. Leveraging JD Logistics’ local warehouse in Paris, this expansion enables customers to collect their orders as soon as the day after ordering, starting from September 2nd. Additionally, ochama now offers next-day home delivery for over 1,000 selected items—including food and beverages, both fresh and frozen, as well as electronics, home goods, and more— enhancing shopping convenience throughout France.

This initiative marks a significant milestone in ochama’s expansion within the European market, responding to a 172% year-on-year increase in order volume in France from January to August this year. By streamlining fulfillment processes and maintaining a diverse range of high-quality products, ochama is poised to deliver an even more seamless and efficient shopping experience for French consumers.

Since its launch in the Netherlands in January 2022, ochama has been committed to offering consumers high-quality products at competitive prices. Benefiting from JD.com, Inc.’s extensive global network of suppliers and partners, ochama offers an expansive product selection that spans fresh food, home appliances, electronics, beauty products, and lifestyle goods. Over the past year, ochama’s product offerings have more than doubled, now including a wide array of large appliances such as air conditioners, televisions, refrigerators, washing machines, dryers, and electric bicycles, which are backed by a comprehensive 180-day replacement policy.

Ochama is dedicated to innovation in service delivery and continues to expand its service footprint across Europe. The brand currently offers home delivery services in 24 European countries and operates over 800 pick-up points in the Netherlands, Germany, Belgium, and France. Additionally, ochama offers more than 1,000 pickup lockers across the Netherlands and Belgium. The newly launched “ohama 1h delivery” service in Amsterdam ensures that orders placed between 9:00 A.M. and 11:00 P.M. are delivered within one hour, and orders received after 11:00 P.M. are delivered by 10:00 A.M. the next morning.

Supported by JD.com, Inc.’s cutting-edge automated logistics technology and robust global supply chain infrastructure, ochama is committed to enhancing the efficiency and convenience of the shopping experience for customers across Europe.

About ochama

Ochama is an innovative B2C omni-channel retailer that uses state-of-the-art retail and supply chain solutions to offer a comprehensive, full-category assortment of both top-rated and budget-friendly products at the best prices. A subsidiary of JD.com, Inc., China’s largest retailer by revenue, ochama leverages advanced supply chain technologies and automated warehouses to redefine the shopping landscape. Our slogan, “Shopping made simple,” perfectly captures our mission. We are dedicated to fulfilling all our customers’ needs and providing a shopping experience that is not only easy and convenient but also enjoyable and fun.

Follow ochama:

  • TikTok: @ochama.official
  • Instagram: @ochama.official
  • Facebook: @ochama
  • X: @ochama_official
  • YouTube: @ochamaofficial
  • LinkedIn: @ochama

Contact: support@ochama.com

 

(chaizhenzhen1@jd.com)

JD Logistics Celebrates Top Performers with a Memorable Trip to Malaysia

Posted on by Vivian Yang

JD Logistics recently recognized the exceptional contributions of nearly 200 frontline employees by providing them with an all-expenses-paid trip to Malaysia. A welcome banquet was held on August 31st  which was attended by notable dignitaries, including Dato Sri Tiong King Sing, Malaysia’s Minister of Tourism, Arts, and Culture; Lee Tai Hung, Deputy Director General of Tourism Malaysia; and Nuwal Fadhilah Ku Azmi, Director of International Promotion, alongside JD Logistics’ Southeast Asia representatives.

In his welcome speech, Deputy Director Lee Tai Hung praised the pivotal role played by JD Logistics’ frontline employees in advancing China’s rapidly growing e-commerce logistics sector. He expressed his hopes for the team to enjoy Malaysia’s efficient and professional tourism services, mirroring the logistical excellence they deliver daily. Lee also voiced optimism about JD Logistics enhancing its operational efficiency within Malaysia.

Representatives from JD Logistics highlighted the company’s dedication to fostering trade and logistics collaboration between China and Malaysia.. The company’s global expansion, including its new warehouses in Malaysia, has reduced delivery times to under 24 hours in some cases. The recently-launched China-Malaysia JD Express service is expected to further enhance the shopping experience for Malaysian consumers.

The event also featured personal stories from standout employees, Rong Chun and Kong Ya. Rong, known for his commitment to assisting elderly customers, and Kong, who has received over 50 customer commendations in the past year, presented gifts to Minister Tiong and Deputy Director Lee, symbolizing gratitude and mutual respect.

This celebration follows a visit by Minister Tiong to JD’s Beijing headquarters last April, which has since strengthened the partnership between JD Travel and Tourism Malaysia to promote Malaysia as a preferred destination for Chinese tourists. This collaboration has led to numerous chartered flights from Chinese cities such as Xi’an, Shenyang, and Qingdao to Malaysia last year.

Data up to June 2024 shows a significant uptick in Chinese tourism to Malaysia, with 1,449,711 arrivals recorded—a 190.8% increase from the previous year’s 498,540 arrivals during the same period

During their stay, JD Logistics’ honored guests will explore Malaysia’s rich tapestry of culture, history, and cuisine, with planned visits to Kuala Lumpur, Negeri Sembilan, and Melaka.

Since launching its “211” delivery program for same- and next-day delivery in 2010, JD Logistics has continuously raised the bar in the logistics industry. With a dedicated workforce of over 300,000 frontline employees, including couriers, warehouse staff, and customer service representatives, the company commits to enhancing their lives with competitive benefits, stable incomes, and comprehensive insurance—ensuring better quality of life and opportunities for career advancement.

 

(vivian.yang@jd.com)

Balenciaga’s Flagship Store Debuts on JD.com

Posted on by Yuchuan Wang

JD.com Becomes Exclusive Online Channel for Balenciaga’s New Stapler Sneaker in China

On September 3, 2024, Balenciaga unveils its official flagship store on JD.com, China’s largest retailer by revenue. This launch also marks JD.com as the exclusive online platform for the debut of Balenciaga’s new Stapler Sneaker, a design inspired by athletic aesthetics.

Following successful launches of other Kering brands, such as Gucci, Bottega Veneta, Saint Laurent, and Qeelin, Balenciaga is the latest luxury label from the Kering group to launch on JD.com.

The flagship store will showcase an extensive collection, including the Fall/Winter 2024 lineup, featuring an array of ready-to-wear garments, footwear, bags, small leather goods, and accessories. This diverse assortment ensures that JD.com’s 600 million customers in China have unparalleled access to the latest from Balenciaga.

On the grand opening day, Balenciaga and JD will offer customers the opportunity to purchase luxury items with up to 24 months of interest-free installments. Additionally, Balenciaga will participate in JD.com’s major promotional campaigns, including the 24 Fall and Single’s Day events.

JD.com boasts representation from over 90% of the world’s most recognized luxury brands. Balenciaga’s launch on JD.com exemplifies the brand’s commitment to embracing e-commerce channels and digital innovation in China.

 

(yuchuan.wang@jd.com)

JD.com Commits RMB 1 Billion to Establish JD Fashion as a Premier Fashion Destination

Posted on by Yuchuan Wang

JD.com (also known as JINGDONG) has announced an expansion in its apparel business with an additional investment of RMB 1 billion aimed at establishing JD Fashion as a leading destination for stylish global apparel. This investment, a combination of financial capital and market resources, will broaden and enhance the range of fashion offerings available to consumers, providing a significant boost for both domestic and international brands.


This initiative aims to introduce a variety of stylish new products to JD’s customers, featuring simultaneous launches by thousands of brands on JD’s online platform. These launches will be bolstered by enhanced marketing initiatives and will leverage JD Fashion’s expansion into new realms through partnerships with celebrities, acclaimed designers, and innovative cross-industry collaborations. Central to these efforts is JD’s Little Magic Cube channel, an innovative marketing tool focused on accelerating product launches. By leveraging the Little Magic Cube and external marketing resources, JD will help brands effectively engage target audiences and reduce the time-to-market for new products.

Additionally, as part of this investment, JD.com’s ’10-billion-yuan Discount’ program will offer daily opportunities for customers to enjoy a RMB 30 discount on purchases of RMB 300 or more.

In collaboration with influential media platforms such as VOGUE and Xiaohongshu (also known as RED), JD Fashion will also unveil upcoming fall and winter fashion trends on September 6 to provide fashion-savvy shoppers with a rich selection of stylish choices and content, enriching their shopping journey.

 

Since the beginning of 2024, JD.com has reported a 60% year-on-year increase in leading apparel and footwear brands and a 200% increase in third-party apparel merchants. Over 100 sub-categories have experienced a fivefold increase in new product launches. JD.com maintains partnerships with leading fashion groups including Inditex, H&M, and GAP, and offers selections from over 90% of the world’s most recognized luxury brands, including Louis Vuitton, Gucci, Tiffany & Co., Bottega Veneta, Saint Laurent, and more.

 

(yuchuan.wang@jd.com)