Chow Tai Fook Enterprises and Investec Bank plc Invest in Leading Luxury Private Sales Website in China and Japan
SHANGHAI, April 30, 2014 /PRNewswire/ -- Glamour Sales, a leading online destination for luxury private sales in China and Japan, announced a major investment deal with Chow Tai Fook Enterprises and Investec Bank plc.
"This is a significant move for Glamour Sales and we are thrilled to partner with a prominent Asian family and an international financial investor. Chow Tai Fook Enterprises is synonymous with luxury and success for all Chinese, and we are looking forward to dramatically growing Glamour Sales together," Olivier Chouvet, Co-founder, Glamour Sales.
"Glamour Sales is much more than a luxury private sales website. It offers unique features and an extraordinary customer experience. Thanks to the ongoing support of our brand partners, we will continue to innovate and offer more personalized luxury, fashion and lifestyle assortments to smart shopping fashionistas in Asia," Thibault Villet, Co-founder and CEO Glamour Sales China.
Glamour Sales Facts:
Chow Tai Fook Enterprises Ltd. ("CTFE") is a private Hong Kong-based holding company owned and controlled by Dato' Dr. Cheng Yu Tung and family. CTFE is the parent company of New World Development Company Ltd., one of the listed leading property developers in Hong Kong, and the principal activities of the CTFE group of companies include investment holdings, property development and investment, hospitality services, infrastructure, department stores, jewelries and other consumer and retail businesses.
Investec Bank plc is a member of Investec Group, an international specialist bank and asset manager. Investec is listed on the London Stock Exchange and on the Johannesburg Stock Exchange.