Balenciaga teams up with JD.com to tap into China’s luxury market

Balenciaga launches a flagship store on JD.com, enhancing its digital presence in China.

Balenciaga launches a flagship store on JD.com, enhancing its digital presence in China and offering exclusive collections to the retailer’s 600 million customers. Expanding digital reach in China On Tuesday, Balenciaga announced the opening of its flagship store on JD.com, China’s largest retailer by revenue. The store will feature an expansive range of products, including the Fall/Winter 2024 collection, with ready-to-wear garments, footwear, bags, small leather goods, and accessories. Exclusive debut of stapler sneaker The launch designates JD.com as the exclusive online platform for the debut of Balenciaga’s new Stapler Sneaker, a design that takes inspiration from athletic aesthetics. The collaboration will also see the brand participating in JD.com’s major promotional events, such as the Fall 2024 and Single’s Day campaigns. To attract more customers, Balenciaga and JD.com are offering up to 24 months of interest-free installments on luxury purchases, aiming to make high-end products more accessible to a broader audience. Strategic alignment with Kering’s digital growth This move comes as part of Balenciaga’s broader strategy to expand its presence in China, following the successful online launches of other Kering brands like Gucci, Bottega Veneta, Saint Laurent, and Qeelin. This partnership further solidifies JD.com’s status as a key platform for luxury labels aiming to capture the growing Chinese market.