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The Markets
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Retail

Burberry launches first luxury ‘social retail’ store in China

A partnership with Tencent brings social media interactions into a physical retail environment through a dedicated WeChat mini program

Burberry Group PLC (LON:BRBY) has announced the launch of the first luxury ‘social retail’ store in China in a partnership with tech giant Tencent.

The first site was opened in Shenzhen and the companies will roll out more across the FTSE 100-listed fashion designer’s network in the Asian country, which accounts for 40% of total sales.

READ: Burberry to cut jobs as coronavirus hits sales in Europe and Americas

The British luxury giant is looking to bring social media interactions into a physical retail environment through a dedicated WeChat mini program, where customers can unlock exclusive content and personalised experiences and share them online.

The store is made of spaces with their own concept and personality, offering a unique interactive experience.

Our store of tomorrow for today! We have opened luxury’s first social retail store in China’s technology hub Shenzhen, China. Blending the physical and social words in a digitally immersive retail experience. pic.twitter.com/57MFy3lPuW

— Burberry Corporate (@BurberryCorp) July 31, 2020

“Together with Tencent, we have pioneered a new concept that will redefine expectations of luxury retail,” said chief executive Marco Gobbetti.

“Burberry’s social retail store in Shenzhen is a place of discovery that connects and rewards customers as they explore online and in store. It marks a shift in how we engage with our customers and we can’t wait to share this innovative experience with the world.”

Shares dipped 1% to 1,277p on Friday afternoon.

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