Fashion

The company will be the sole India partner of the luxury brand in India.

This is despite seeing sales drop in its APAC business.

Its sales were dragged by its Greater China market. 

Lower revenues were seen in Asia due to lockdowns in China.

The company expects a double-digit decline rate during the rest of the year.

JD.com now features over 300 premium brands.

This covers Mainland China, Japan, South Korea, Hong Kong, and Taiwan. 

Its first boutique will open in Delhi. 

It is located in Hongdae in the capital Seoul.

This brings the number of luxury brands on JD to over 300. 

It is projected to see an average of of 3.8% growth annually.

The average household spent US$345 on health and beauty last year. 

Despite this, consumer appetite remains strong.

He previously served as an executive for Ralph Lauren.

Amisha Jain will be the new senior vice president and managing director in the regions.

It aims to support local artisans in collaboration with the Manipur government.