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New Retail Briefing: Net-a-Porter Opens a Flagship Store on Tmall Luxury Pavilion

Coresight Research

Executive Summary

“New Retail” is a model for integrating online retail, offline retail and logistics across a single value chain powered by data and technology. In this biweekly series, we cover important developments in New Retail in China and beyond. Here’s what’s happening:

  • Swiss luxury group Richemont’s e-commerce subsidiary Yoox Net-a-Porter has opened a flagship store on Tmall Luxury Pavilion to provide Chinese consumers with curated selections of more than 130 luxury and designer brands.
  • Australia’s largest pharmacy retailer, Chemist Warehouse, has announced the renewal of its strategic partnership with Tmall Global for another two years.
  • Alibaba has teamed up with Internet company to promote digital payment services in Russia.

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