Super-sports-car maker Lamborghini surprised audiences at the 2010 Beijing Auto Show with a highly exclusive edition of the MurciÃ©lago LP670-4 SuperVeloce. The LP670-4 China Edition is no different than normal models in term of technicalities, but it comes with a bespoke black and orange stripe and can be had with a special grey color. The … Continued
Sunseeker China has sold a sublime Sunseeker 80 Yacht to Chinese snack food giant Want-Want Group (whose Chinese characters signify prosperity). The purchase reflects the exceptional quality of lifestyle associated with the blossoming Chinese yachting industry. Recognised by Forbes Global as one of the finest companies in the world with a revenue stream below $500 … Continued
2010 has seen a flurry of new hotels opening in Shanghai ahead of the start of the World Expo, which runs for six months from May 1. Marriott, Peninsula, InterContinental and Fairmont are amongst the brands joining Shanghai’s luxury market. InterContinental has opened the new Shanghai Expo hotel as the city completes its final preparations … Continued
By most measures, the self-styled “Chinese Riviera” on Hainan Island has a long way to go before catching up to Cannes, St. Tropez or Nice. But the organizers of Hainan Rendez-Vous at the island’s Sanya resort did their part to boost the area’s image this past weekend, hosting an extravaganza of private jets, vintage and … Continued
The Hurun Research Institute published the 2010 Hurun Wealth Report today for the second consecutive year. The report analyses the number and distribution of China’s wealthy across the nation’s major cities and provinces. The report shows that there are 875,000 people with more than RMB 10million (EUR 1.1M / USD 1.47M) in China today, an … Continued
CNN posted an interesting video today about the growing number of mainland Chinese shoppers flocking to Hong Kong to buy luxury goods, much to the enjoyment of Hong Kong retailers and international luxury brands alike.
Picture a world where the champagne never stops flowing, the music never stops playing, the jewels never come off and the parties never end… Now throw in haute cuisine aboard mega yachts, flights aboard gilded private jets, exclusive luxury property launches and private previews of the latest couture collections. Stir up the action with a … Continued
To celebrate the Universal Exhibition in Shanghai, Chanel is launching the Chanel Shanghai accessories collection inspired by the delights of China. This limited-edition collection, which includes bracelets, necklaces, handbags and earrings, will debut at Chanelâ€™s five mainland boutiques this May.
To commemorate Bottega Venetaâ€™s opening of a new boutique in Taipei, the luxury designer will come out with a limited edition knot handbag. Named the Taipei Knot, this handbag will available exclusively through the new store; only 50 will be produced. Sporting shades of york, cigar, and truffle the patchwork of the handbag comprises 25 … Continued
Prices for antiques in China have risen sharply over the past five years and now galleries all over the world over are waiting for the nation’s cashed-up collectors to spread the wealth overseas. Speaking on the sidelines of the Netherlands’ Tefaf Maastricht, New York gallery director James Hennessy said that internationally things were looking up … Continued
China‘s seemingly unquenchable thirst for wine has ousted America as Bordeaux’s number one client outside Europe, latest figures showed Friday. With overall exports down a large 23 percent in 2009, vintners are now looking to the East to drain their cellars. “China has become our first client outside the European Union,” said Alain Vironneau, president … Continued
Shanghai Tang is the first luxury brand from China with a mission to revitalize Chinese sartorial heritage by combining Shanghainese tailoring traditions with innovative modern shapes that are easily wearable in the urban landscape today.
China’s ever-growing taste for luxury goods is extending into the culinary world — and that’s good news for Jean-Marie Vallier, who runs a duck farm and foie gras factory outside Beijing. Two years ago, French group Euralis — the world leader in foie gras production — invested 2.7 million dollars in the facilities, aimed at … Continued
The 4,000th Murcielago was recently completed at the Sant’Agata Bolognese factory where Lamborghini celebrated the occasion. Lamborghini only made 2,900 models of the previous V12 model, the Diablo, over eleven years of production. The lightweight 670-hp Lamborghini Murcielago LP 670-4 SuperVeloce, carrying series number 4,000, will be delivered to the company’s showroom in Hangzhou.
Wang Jing was all smiles as she strolled out of a Cartier boutique in Singapore after blowing close to 5,000 US dollars on a watch and a ring. “It’s something I have always wanted, and besides, the economy isn’t looking too bad at the moment,” the Chinese tourist in her early 30s, in Singapore for … Continued
The Chinese Government has started to roll out plans to turn the southern island of Hainan into what is being called a “global destination” and the private sector has been quick to rally to the cause. New resorts, visa-free entry to tourists from more countries, duty-free shopping for everyone and the possibility of more sports-betting … Continued
A survey just released in China has lifted the lid on the nation’s obsession with luxury brands and identified just where consumers are spending their money. The 2009 21st Century Deluxe Report (www.21deluxereport.com — in Chinese only) says that China’s love affair with luxury shows no signs of abating. According to one Professor Lu Xiao … Continued
LuxuryMart09, the premier event for luxury brands targeting China’s fast-growing affluent population, is to be held in Shanghai on January 15th 2009. Now in its third year, LuxuryMart09 is expecting to welcome around 250 senior executives from 120 top brands to attend the prestigious B2B matchmaking event at the Pudong Shangri-La. The “luxury brand summit” … Continued
China now has more super rich than Japan, mostly entrepreneurs benefiting from the country’s surging economic growth. According to a survey released by Capgemini and Merrill Lynch on Sept. 25, at the end of 2007 China boasted more than 6,000 people worth more than $30 million a piece, excluding their principal residence. Japan only had … Continued