March 24, 2017 10:10 PM ET

Internet and Direct Marketing Retail

Company Overview of Macy's China Limited

Company Overview

Macy's China Limited operates an online flagship store on Alibaba's online shopping mall. It offers Macy's merchandise to shoppers in China. The company was founded in 2015 and is based in Hong Kong. Macy's China Limited operates as a subsidiary of Macy's, Inc.

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Hong Kong

Founded in 2015

Key Executives for Macy's China Limited

Macy's China Limited does not have any Key Executives recorded.

Macy's China Limited Key Developments

Macy's China to Launch an Online Store on Alibaba's Tmall Global in China in Late 2015

Alibaba Group has announced an agreement with Macy's China Limited. Under the agreement, Macy's China will launch an online store on Alibaba's Tmall Global in China in late 2015. Macy's exclusive Tmall Global store is a major win for consumers across China. It reinforces Tmall Global's status as the premiere solution for brands and retailers in their strategic online presence and direct engagement with customers in China.

Kent Anderson to Serve as Managing Director of Macy’s China Limited

Macy’s Inc. announced that it has formed a free-standing joint venture with Fung Retailing Limited to explore retailing in China. For Macy’s the joint venture is expected to develop significant new learnings on customer preferences and buying patterns within China. Under the joint venture, Macy’s plans to begin selling in China in late 2015 through an e-commerce presence on Alibaba Group’s Tmall Global, their premiere marketplace that connects overseas branded retailers to Chinese consumers. To be based in Hong Kong and called Macy’s China Limited, the Macy’s-Fung joint venture will curate a Macy’s online merchandise assortment especially for Chinese customers and fulfill Tmall Global orders from Hong Kong through local logistics channels, including LF Logistics, an affiliate of Fung Retailing. Macy’s China Limited will be led by Kent Anderson, who will serve as managing director. Anderson is a veteran Macy’s Inc. executive and long-time president of macys.com. Ms. Fung will represent Fung Retailing’s interest on the board of the joint venture company.

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Recent Private Companies Transactions

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