BEIJING, April 02, 2018 (GLOBE NEWSWIRE) -- Secoo Holding Limited (“Secoo” or the “Company”) (NASDAQ:SECO), Asia's largest online integrated upscale products and services platform, today announced that it has entered exclusive strategic partnership with renowned fashion show host, Ontimeshow, following its cooperation with the Top 100 Global Designers Alliance (the “Top 100”) during the 2018 Shanghai International Fashion Week opened on March 27, 2018. Through these partnerships, Secoo will build an original designer platform with more than 300 indie designers from Top 100 and Ontimeshow.
“We are pleased to launch Secoo’s designer channel and cooperation with cutting-edge fashion designers aiming to enhance our influence in the fashion world and to help promote more Chinese indie designers to the global stage,” said Mr. Richard Li, Chairman and Chief Executive Officer of Secoo. “With our firm commitment to serving high-end customers with extensive and superior merchandise and lifestyle portfolios, we will leverage our massive luxury consumption data on Secoo’s platform to provide the emerging fashion designers with a comprehensive business development platform. By promoting our designer channel, we intend to introduce more Chinese original design brands to the global fashion market as well as to provide our premium consumers with more upscale original Chinese designed products.”
Launched in Oct 2014, Ontimeshow is a biannual trade show located in Shanghai. Over the past three years, Ontimeshow has grown from a trade show containing 48 brands and 355 visitors to over 270 brands and 13,000 professional visitors each season. From the very beginning, Ontimeshow planned to position itself above an ordinary fashion trade fair. It not only opens up new retail channels for independent designer brands, but also builds up a multi-disciplinary communication platform for the local fashion industry.
About Secoo Holding Limited
Secoo Holding Limited (“Secoo”) is Asia’s largest online integrated upscale products and services platform as measured by GMV in 2016. Secoo provides customers a wide selection of authentic upscale products and lifestyle services on the Company’s integrated online and offline shopping platform which consists of the Secoo.com website, mobile applications and offline experience centers, offering over 300,000 SKUs, covering over 3,000 global and domestic brands. Supported by the Company’s proprietary database of upscale products, authentication procedures and brand cooperation, Secoo is able to ensure the authenticity and quality of every product offered on its platform.
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Safe Harbor Statement
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Secoo Holding Limited does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release and in the attachments is as of the date of this press release, and Secoo Holding Limited undertakes no duty to update such information, except as required under applicable law.
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