According to foreign media reports, on Tuesday,

The company will buy wholly French second-hand.

Website InstantLuxe.com, which is responsible for the website founder YannLeFloch, has not yet disclosed the details of other pactions.

Lafayette department announced in a notice that the acquisition will greatly help the company layout the online market, speed up the pace of the construction of the whole channel, and will also bring consumers a brand new online shopping experience.

It is reported that the website mainly sells second-hand luxury goods, leather products, jewelry, clocks, accessories and so on, with an annual growth rate of 100%.

At present, the platform has 700 thousand users and French, English, Italy and Chinese websites.

In October 2014, InstantLuxe landed in the Chinese market.

InstantLuxe Chinese official website

Prior to this, the Department of general Lafayette had had an intersection with him.

In 2015, BHV, a parent company of the old Buddha, works with InstantLuxe. The luxury platform provides limited time stalls for consumers to buy secondhand goods and to store new users for old Buddha's department stores.

It is learned that the Department has focused on the layout of e-commerce channels in recent years.

In October 2015, its designer, KarlLagerfeld, worked with the art business Artnet to celebrate the special auction of its new website KARL.COM.

Prior to this, the same name brand of veteran Buddha has also been stationed in platforms such as Net-a-porter and Stylebop, and has worked with YooxNet-a-porterGroup to launch e-commerce services in November 2015.

In addition, for the Chinese market, Lafayette department stores also attach great importance to it.

In 2013, I.T, a clothing retailer in Hongkong, signed a memorandum with Lafayette department store in France to jointly establish Lafayette general store (China) Limited.

The company has also said that it will open second stores in China in 2017, and the number of stores is expected to reach 10-15 in the next few years.