Retail News CRM

Tag: SF Express

  • SF Express Logistics shuts SF Best retail network

    SF Express Logistics shuts SF Best retail network

    Chinese logistics firm SF Express is reportedly closing its network of SF Best offline retail stores in major Chinese cities.

    The move, which has seen the shuttering of the firm’s e-commerce and retail business SF Best, has been prompted by a slowing economy and thin margins in the sector. The brand was formally considered at the head of China’s e-commerce wave.

    Just two years ago, SF Best announced plans to open 10,000 outlets within three years. Its aggressive offline expansion plans, however, saw heavy retail losses and a high turnover in management that sent the firm into a dive.

    A spokesperson for the firm announced that it is currently undergoing restructuring and plans to ramp up operations in Beijing and southern China before further expansion. It is also working to strengthen its online brand.

    Lees ook:

  • Louis Vuitton China expands cover to all major cities

    Louis Vuitton China expands cover to all major cities

    Luxury brand Louis Vuitton China is rolling out services to all major cities across the country.

    The expanded reach, which marks the first anniversary of its e-commerce launch in China, will allow metropolitan consumers throughout the country access to Louis Vuitton’s delivery service and seven-day return policy, which it has been testing in 12 of China’s largest cities over the past 12 months.

    The news follows the announcement that Louis Vuitton China, and other luxury brands, will lower prices there in response to the administration’s recent tax cuts.

    The anniversary of the Louis Vuitton China business will also be marked by the release of several new exclusive products, including new bag designs and the brand’s latest fragrance.

    Louis Vuitton’s e-commerce platform is supported by domestic delivery service SF Express, which serves a number of international luxury brands.

    Lees ook:

  • SF Express Entering New Retail with Shop in Chongqing

    SF Express Entering New Retail with Shop in Chongqing

    Chinese courier firm SF Express has opened its first New Retail store in Chongqing.

    The 3000sqm four-level “Wow Global Specialty Products Shop” is now the largest site in the city using the cross-border New Retail model, a mode of selling that involves data analytics and omni-channel technologies to effect an online/offline crossover. Chongqing is among the first cities slated for testing cross-border e-commerce trade by the Chinese administration.

    The SF Express store showcases a range of imported products hand-picked by procurement teams, featuring many that have been endorsed by Chinese online Key Opinion Leaders. The store uses facial recognition and behavioral analytics, including other technologies, to interact with customers based on extensive data on the brand’s online shoppers that it has collected over the years in the courier business. Shoppers may buy in-store or elect to order their purchases to be shipped from abroad.

    Wang Wei, president of SF Express, said New Retail integrates online and offline channels; marketers’ understanding of their customers; and a timely response to customer needs…

    “SF is using its huge on-the-ground network, air-cargo handling capacities and its 2000-plus researchers to build a national brand of integrated services encompassing online e-tailing and an offline supply chain.”

    Lees ook:

    Lees ook:

  • SF Express opens branches in Vietnam and Thailand

    SF Express opens branches in Vietnam and Thailand

    SF Express, a subsidiary of SF Holdings, a Shenzhen, China-based express delivery firm, recently announced that its service centers in Vietnam and Thailand have formally opened for business, providing export and import express delivery services to local companies and individuals.

    The opening of the two offices are further evidence of the company’s continued efforts to invest in and expand its network in the ASEAN region, on the heels of the opening of service centers in Singapore and Malaysia.

    Lees ook:

    Lees ook: