Secoo Announces Strategic Partnerships with Renowned Fashion Show Host
April 02 2018 - 7:00AM
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
LimitedSecoo 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.
For more information, please visit
ir.secoo.com
Safe Harbor StatementThis press
release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended, and as
defined in the Private Securities Litigation Reform Act of 1995.
These forward-looking statements include but are not limited to
Secoo management quotes and the Company’s financial outlook. These
forward-looking statements can be identified by terminology such as
“will,” “estimate,” “project,” “predict,” “believe,” “expect,”
“anticipate,” “intend,” “potential,” “plan,” “goal” and similar
statements. Secoo Holding Limited may also make written or
oral forward-looking statements in its periodic reports to the U.S.
Securities and Exchange Commission, in its annual report to
shareholders, in press releases and other written materials and in
oral statements made by its officers, directors or employees to
third parties. Such statements involve certain risks and
uncertainties that could cause actual results to differ materially
from those expressed or implied in the forward-looking statements.
These forward-looking statements include, but are not limited to,
statements about: the Company’s goals and strategies; its future
business development, financial condition and results of
operations; its ability to attract and retain new customers and to
increase revenues generated from repeat customers; its expectations
regarding demand for and market acceptance of its products and
services; trends and competition in China’s e-commerce market;
changes in its revenues and certain cost or expense items; the
expected growth of the Chinese e-commerce market; Chinese
governmental policies relating to the Company’s industry and
general economic conditions in China. For additional
information on these and other important factors that could
adversely affect the Company's business, financial condition,
results of operations and prospects, please see its filings with
the U.S. Securities and Exchange Commission.
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.
For investor and media inquiries, please
contact: In China: Secoo Holding Limited Jingbo Ma Tel:
+86 10 6588-0135 E-mail: ir@secoo.com
The Piacente Group, Inc. Jenny Cai Tel: +86 (10)
5730-6200 E-mail: Secoo@tpg-ir.com
In the United States: The Piacente Group,
Inc. Alan Wang Tel: +1-212-481-2050 E-mail:
Secoo@tpg-ir.com
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