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 [...]
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 [...]
The growing power of the Chinese consumer might have the world in its thrall but it seems it won’t be too long before their lust for luxury is more satisfied a little closer to home. Traditionally, Chinese shoppers have had to head overseas to pick up the latest fashions or other luxury items, due mainly [...]