A string of corruption scandals that pushed Beijing to crack down on bling and promote a “frugal working style” could spell bad news for the the luxe industry.
The Four Seasons hotel brand continues its expansion in China with the opening of its first property in Beijing. The opening is scheduled for September 28.
Villas at ThaiHot Mansion and Courtyards by the Canal are selling at US$47 million each, making them the most expensive homes in China.
Bulgari Hotels & Resorts will open a new hotel in Shanghai in 2015and will be located in a riverside complex in the artistic district of Suhe Creek.
To celebrate the brand’s 20th anniversary in China, Louis Vuitton has opened its first Maison in Shanghai on July 21.
Chinese shoppers are increasingly buying luxury goods in mainland China, turning away from high-end stores abroad and in Hong Kong.
The big-selling luxury brands in China are Gucci Kids, Burberry Children, Baby Dior and Armani Junior and the most popular items are clothing and toys.
A special edition of the Lamborghini Gallardo LP560-4, named the Gold Edition, has been officially presented to the publicat the Shenzhen Hong Kong Macau International Auto Show.
Chinese consumers will be the leading buyers of luxury goods brands by 2015, snapping up pricy items at home and abroad, according to the Boston Consulting Group.
Paul Smith is planning to open 24 stores in China over the next five years in its second attempt at tapping the country’s booming luxury market.
As sales of private jets increase in China, interior design companies are looking to cash in.
Gucci has announced that Chinese actress Li Bing Bing will star in a special ad campaign dedicated to the House’s handbags, fine jewelry, and timepieces.
Construction began last month on Shanghai’s first “groundscraper”, soon to be the InterContinental Shimao Shanghai Wonderland.
Only 20 limited-edition 458 Italia cars featuring a golden dragon on the front bonnet will be showcased in Shanghai.
The new St. Regis Tianjin has launched its Presidential Suite, Tianjin’s largest luxury hotel suite with extraordinary amenities and unparalleled views.
The third annual Hainan Rendez-Vous, China’s leading superyacht and business jet show, will be held on the 5th-8th of April 2012.
InterContinental Hotels, the world’s largest hotel chain, has announced the launch of Hualuxe, a new brand for the Chinese market.
An interesting new piece from Blancpain — and a reflection on the attention given to the Chinese consumer these days. With it, Blancpain lays claim to the first mechanical wristwatch equipped with a traditional Chinese calendar.
It is the Year of the Water Dragon in China, and the leviathans will celebrate their reign at the upcoming Hainan Rendez-Vous boat show. Ocean giants present at the event will include more than ten 40+ metre vessels among a fleet of 130 yachts. In preparation for the 2012 edition, organisers have significantly expanded the … Continued
French luxury goods conglomerate LVMH – Louis Vuitton Moet Hennessy has paid US$200 million for a 10 per cent stake in Chinese fashion brand Ochirly. The buyout gives L Capital, LVMH’s private equity arm, to hold a direct stake in the family-owned Ochirly which has total value of US$2 billion. The investment gives L Capital … Continued