Secoo Aims to Structure a Lifestyle Premium Platform by Expanding Business

[STK]

[IN] FIN ECM REA FAS HHP HOU

[SU] CXP

TO FASHION, AND RETAILING EDITORS:

Secoo Aims to Structure a Lifestyle Premium Platform by Expanding

Business

BEIJING, April 17, 2018 /PRNewswire/ — OnApril 17 in Beijing, a brand

upgrade press conference was held by Secoo, announcing a new slogan

‘devoted you to’ and introducing the brand’s expansion plans to the

public.

Considered as a luxury e-commerce platform is not comprehensive,

Secoo’s vision is to become a premium lifestyle platform. Luxury

products will be only a part of business, Secoo plans to expand more

business and better services for high-end consumers to enhance overall

lifestyle premium service.

“Secoo is emphasizing the importance of lifestyle, luxury e-commerce

is only the carrier for us,” said Richard, Rixue Li, the founder and

CEO of Secoo Group. “We expand our business to satisfy comprehensive

demands for consumers. Secoo tries to establish an offline & online

integrated platform. Consumers can not only buy luxury products from

our platform, they can also communicate and interact in our physical

stores, they can enjoy the best services that other platform cannot

offer. An overall platform is our purpose.”

At the April 17 event, Secoo announced the upgrade plans for all its

businesses in accordance with the ten-year anniversary in July to

maximize the lifestyle concept and service to its high-end consumers.

The business upgrades include:

Customization: Secoo will provide limited customization products with

other brands. For instance, in June Secoo will collaborate with

fashion brand Emotionally Unavailable, which is designed by Chinese

actor and rapper Edison Chen and designers of Undefeated KB Lee.

Personalization: Secoo will cooperate with travel agencies to launch

high-end premium travel for consumers, offering personalized routes

and best services; Secoo will also provide health and personalized

educational packages for consumers to ensure the quality of service.

Rental: Secoo will launch a rental service for consumers who have not

decided which bags or watches to buy, by providing them a seven-day

experience.

Partnership: Secoo will collaborate with Parkson Retail Group to

embrace cosmetics products, to offer a newly integrated online offline

retail shopping experience.

Socializing: Secoo will cooperate with Pernod Richard Group to

release a customized pre-mixed cocktail ’24/7 by SECOO’ and will build

offline bars in major cities, to create interactive and social offline

locations.

Co-branding: Secoo will c ooperate with a famous fruit brand,

offering the best quality oranges. In the future, Secoo will also

cooperate with farms and fruit growers to release premium vegetables,

fruits and meat.

In addition, Secoo finance reached agreements with more than 20 banks

for the installment business; Secoo EEC targets business service,

building consumers’ data and sharing business value; Secoo Coosir

Project signed more than 1,000 KOL, modeling trend and leading

consumption direction.

In 2018, Secoo will continue to provide the best service for high-end

consumers, driving the company’s future growth.

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content:http://www.prnewswire.com/news-releases/secoo-aims-to-structure-a-lifestyle-premium-platform-by-expanding-business-300631879.html

SOURCE Secoo Group

-0- 04/18/2018

/CONTACT: Ruiqi Wang, +86-138-1081-9304, wangruiqi@secoo.com

CO: Secoo Group

ST: China

IN: FIN ECM REA FAS HHP HOU

SU: CXP

PRN

— CN67928 —

0000 04/18/2018 01:57:00 EDT http://www.prnewswire.com

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