What are the favorite gifts of China’s rich, and where do they like to vacation?
Australia has become the international luxury destination of choice for wealthy Chinese tourists, according to a recent report.
After shuttering its first and only China store 15 years ago, the French high-end department store operator Galeries Lafayette has made a strong comeback by opening a new store in Beijing on Friday.
The international hotel and resort group has announced plans for a new high-end hotel in Shenzhen. The luxury accommodations will open to the public in 2017 within a 400-meter skyscraper.
Swiss watch brand Blancpain has opened its largest boutique in the world in Shanghai. Located in Xintiandi, the 600-square-meter store is the brand’s third in Shanghai and eighth in China.
China may start levying taxes on an increasing number of luxury goods as part of the country’s efforts to push forward economic reform.
The popular Chinese holiday destination of Sanya, on the island of Hainan in the South China Sea, is set to boast the world’s largest duty free complex.
General Motors will build a $1.3 billion Cadillac plant in Shanghai, as it seeks more luxury sales in the world’s biggest car market.
Rolls-Royce opened its largest dealership in the world this week, spanning 12,916 square feet, located in Shenyang, China.
French luxury brand Christian Dior is set to re-stage its Spring 2013 haute couture show for buyers and press in Shanghai, China on March 30.
Vera Wang called off the fitting fee policy at her Shanghai store, less than two months after it was established at the newly opened store.
Bridal gown designer Vera Wang recently opened her first Chinese boutique, and brides are being charged to even try on the gowns.
PPR, the owner of Gucci, Yves Saint Laurent and Balenciaga, has bought Chinese jeweller Qeelin for an unnamed sum.
Luxury watchmaker IWC Schaffhausen has unveiled a new flagship boutique in the Chinese capital.
A large parade of Ferrari cars and an even larger gathering of Ferrari fans in the city of Guangzhou marked the 20th anniversary of the brand in China.
Marni has opened three new shops in China – a flagship store in Shenyang as well as new boutiques in Shanghai’s REEL shopping centre and Nanjing’s Deji Plaza.
Patek Philippe has opened its second store in China, a 13,000-square-foot retail outlet and parlor in Shanghai in the former residence of the British consulate.
Shang Xia, meaning “up” and “down”, recently opened a second store in China, with a boutique in Beijing’s China World Mall.
French luxury maison Hermès has opened an exclusive store dedicated to its watch collections in Beijing, China.
French luxury handbag maker Longchamp is eyeing a huge expansion in China despite the country’s economic slowdown.