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 [...]
Aston Martin, has announced that it will debut its China-focused “Dragon88″ line at the upcoming Beijing Auto Show, to celebrate the Year of the Dragon. Available only for the Chinese market, 88 special “Dragon88″ models of the V8 Vantage S, Virage, and DBS will be made featuring some Chinese cultural references and iconography.
Luxury brand Montblanc, is opening one of the worldʼs most innovative concept stores, with the launch of its four-storey interactive Boutique in Sanlitun, Beijing. This is the largest Montblanc Boutique anywhere in the world and by far the brandʼs most audacious, creative and technologically interactive concept store yet. Visitors are invited to take an audio-operated [...]
It’s meant to bring riches and power befitting an emperor, but if Western luxury brands have their way the Year of the Dragon will cost their wealthy Chinese customers a fortune instead. Monday is the start of the Year of the Dragon, the most favourable and revered sign in the 12-year Chinese zodiac. The dragon [...]