Forget boat cabins — it’s all about mah-jong tables, karaoke and spas!
Global yacht-builders adapt to the new market in CHINA, hoping to cash in as the country’s multimillionaires look for new ways to spend their wealth.
Forget boat cabins — it’s all about mah-jong tables, karaoke and spas!
Global yacht-builders adapt to the new market in CHINA, hoping to cash in as the country’s multimillionaires look for new ways to spend their wealth.
Burberry has worked with Chinese messaging service WeChat on an ongoing innovation partnership, which has seen the two companies team up for some innovative digital-IRL crossover experiences.
DON’T MISS: BURBERRY FÊTES NEW SHANGHAI STORE
In February, the Autumn/Winter 2014 Womenswear show debuted a series of responsive journeys, instantly personalising the show experience.
In April 2014 in support of the Burberry London to Shanghai event, users were invited to join Burberry on a rich interactive journey between the two cities, and then experience the event first hand via a series of immersive panoramas.
This film explores some of the highlights so far soundtracked by “You Can’t Stop the Rain” by Ed Harcourt.
The Shanghai Film Corp breaks into the world’s top five IMAX partners after commissioning 19 more cinemas able to host the super large-screen format.
SFC will up its total count of IMAX sites from 3 to 22, with “a significant number” set to complete by the end of 2015, according to the IMAX corp.
The Canadian firm had previously seen “Transformers: Age of Extinction” make its world premiere using IMAX format at the Hong Kong Cultural Center.
By July 20, Michael Bay’s blockbuster had passed a Chinese box office of $306 million, a hefty contribution towards its growing global cumulative of $889m, making use of Chinese actors and locations as well as Hollywood stars and North American landscapes.
But IMAX isn’t the only game in town; the state-run China Film Group Corporation presides over the home-grown DMAX format. Although a DMAX screen’s minimum size is slightly smaller than its older rival, DMAX can boast of lower installation costs and therefore lower ticket prices for cinemagoers.
This latest move demonstrates how important China remains to IMAX, whose Chinese branch is minority owned by two domestic investment partners, while the territory has become IMAX’s second-largest overall.
BMW said Wednesday it will increase the number of models it builds in China from three to six in the coming years to meet growing demand.
BMW currently produces three models in China, the BMW 5 Series sedan, the BMW 3 Series sedan and the BMW X1.
However, “we are strengthening our focus on meeting the needs and aspirations of our Chinese customers,” said board member Friedrich Eichiner.
“This is why we are going to produce even more models specially tailored to the Chinese market. We are going to double our range of locally produced models in the future — from three to six,” Eichiner said.
The new models will include a completely new entry model below the 3 Series and a variant of the BMW X3 specifically developed for China.
Over the last five years, BMW has invested more than two billion euros in its Chinese plants, “and we will continue to invest in China,” Eichiner said.
It has two production sites in Dadong and Tiexi and “over the next two years, we are going to step up the capacity of the two plants from 300.000 units to a combined total of 400,000 units per year,” he said.
BMW also plans to extend its joint venture with Chinese automaker Brilliance China Automotive until 2028.
The Chinese market for private cars should grow by an annual average 8.0 percent until 2020 when overall sales would reach 22 million vehicles.
Burberry has opened a new flagship store in Shanghai, its largest in China so far and the first to feature the Burberry Beauty room concept.
Located in the city’s Kerry Centre in Shanghai’s Jing An district, it’s the British brand’s eighth location in the city. Open from Monday, the store will get an official launch with an event on April 24 designed to bring London to Shanghai with an immersive digital Burberry experience.
Inspired by the global flagship at 121 Regent Street in London, the space was designed to incorporate the best of British craftsmanship and materials, with a design concept developed by Chief Creative Officer Christopher Bailey.
The store is set over three floors that mix digital and physical displays, including a dynamic illuminated facade on the outside and over 40 video screens on the inside providing an immersive audiovisual experience.
With the full Burberry lines in-store, there’s a dedicated watch area (below), and the first in-store Burberry Beauty room (above) in China.
The technical magic also include RFID chips woven into pieces that trigger mirrors to turn into screens and showcase exclusive content like fashion shows and product videos.
Shanghai-based fans can celebrate with exclusive men’s and womens ready-to-wear pieces and accessories, which will be available from April 25.
The stretched luxury off roader will become the first ever diesel-electric hybrid car to go on sale in China when deliveries commence at the end of the year.
From the outside, the new Range Rover on display at the Beijing motor show is pretty much identical to the standard long wheelbase model and as such offers rear passengers an extra 186mm of legroom and with the upgraded seating package, seats that can recline to 17°.
However, under the hood things are very different. A 3.0-liter SDV6 diesel engine has been mated with a 35kW electric motor and the result is a 26 percent reduction in CO2 emissions — 169g/kg — and a combined cycle fuel economy of 6.4 l/100 km (44.1mpg).
When working in tandem, the engines produce 340PS (335.4bhp) which isn’t bad at all, but what is very impressive is the fact that the torque on tap, 700Nm (between 1,500 and 3,000rpm), is equal to that offered by the petrol-powered V8 version of the car.
And for anyone serious about off-road performance, torque and horsepower trump top speed and 0-100km/h acceleration every time.
Therefore potential buyers will be happy to learn that Land Rover has been able to pack in the new powertrain while retaining all of the Range Rover’s defining capabilities. It will come with the same class-leading terrain response and all-wheel drive systems found on the non-hybrid version and will retain its wading depth of 900mm.
But for when the car is on, rather than off-road, the Range Rover can travel at 48km/h (30mph) for a distance of 1.6km on just electric power before the diesel engine fires up again and, like on a number of new hybrid supercars, the electric motor is used to fill in gaps in acceleration and response from the diesel engine so that progress is always smooth.
The hybrid powertrain is coming to market following grueling real-world tests. In 2013 Land Rover drove a fleet of hybrid Range Rovers from Solihull in Birmingham and across central Asia to Mumbai, India.
And after the 16,000km trip the cars were stripped down, data gathered and the systems fine-tuned, ready for consumers.
The global order book for the Hybrid Range Rover opens in May with first deliveries scheduled before the end of 2014.
The Rolls-Royce Pinnacle Travel Phantom was created to celebrate China’s love of travel and to showcase the levels of craftsmanship the company can offer through its bespoke design studio.
The new Bespoke Collection car boasts an opulent two-tone exterior finish of Madeira Red and Silver Sand with complementing tones of leather and lambswool dressing the seats, roof liner and covering the floors.
The seats and rear cushions are further embellished with a specially designed motif, stitched in smoke grey thread.
But as impressive and cosseting as all of that is, it is nothing compared to the marquetry that adorns the instrument panel and other cabin surfaces.
The individual pieces of different colored wood veneers have been precision laser cut and then painstakingly assembled by hand to create the image of a train speeding across a landscape, leaving plumes of smoke in its wake.
In all, there are 230 individual pieces of marquetry adorning the cabin, from the front fascia to the rear passengers’ picnic tables. The incredible woodwork is complemented by some serious needlework too as the motif blends into the fabrics dressing the doors thanks to 24,633 individual stitches.
Ford Motor launched its luxury Lincoln car brand in China on Thursday, just days ahead of Beijing’s auto show in the world’s largest car market.
The company will begin sales in the autumn in seven cities with the Lincoln MKZ, a midsize sedan, and the Lincoln MKC, a small sports utility vehicle.
By 2016, three other Luxury vehicles will have joined the line-up: a midsize SUV, an “all-new” full-size sedan and a large SUV, the Lincoln Navigator.
The Lincoln vehicles will be sold through an independent network of 60 dealers in 50 cities across China by 2016.
A Lincoln team studied the new luxury automotive customers in China for the past three years and found they were underserved and their tastes were quickly evolving toward seeking luxury as a way to express individuality.
Customers will be able to visually explore the entire array of Lincoln models, colors and features, configure their desired vehicle, and view a life-size image of the customized vehicle both inside and out before making a selection.
Citroën’s premium brand DS, which is marketed exclusively in China, has just introduced its first SUV. Slated to premiere at the next Beijing Auto Show, the DS 6WR is directly derived from the Wild Rubis concept.
The DS 6WR is equipped with the same fascia seen on the DS 5LS, as well as aluminum roof rails that run down into the body at the rear.
Among the new technologies featured in the SUV is Grip Control, which is designed to provide optimal traction on any type of terrain without requiring the use of 4-wheel drive, thus limiting fuel consumption and CO2 emissions.
Two four-cylinder turbo-petrol engines – the e-THP 160 and THP 200 — will be offered in China, both matched with six-speed automatic transmissions.
The DS 6WR will be the third DS model to be built in China. It will be introduced there by end of the year, with Europe expected to follow in 2015.
The first Disneyland theme park resort in mainland China is to set to get an adjacent luxury shopping compound.
The Shanghai Shendi Group announced a venture with luxury outlet chain Value Retail this week, Want China Times reports.
‘Shanghai Village’ will be located next to Shanghai Disney Resort, which is set to open its doors at the end of 2015.
Located in the city’s Pudong district, the outlet will benefit from the transport links connecting the metropolis to the resort, and will aim to attract luxury bargain hunters.
The 50,000 square meter site will stock a variety of luxury Asian and International lifestyle brands with collections selling at discounted prices.
Value Retail’s existing ‘Chic Outlet Shopping’ concept villages in Europe include boutiques from designer labels such as Alexander McQueen, Burberry, Dior, Gucci and Prada, among others.
The compound will be the second Chinese outlet for the chain, which is planning to open its inaugural Asian site, Suzhou Village, in May 2014.
The Shanghai Disney Resort will feature a Magic Kingdom theme park and two themed hotels when it opens next year.
The car, which will be exclusive to the brand’s Chinese customers, will be the centerpiece of BMW’s stand at the Beijing auto show.
Based on the long-wheelbase 7-Series luxury executive sedan, the Horse Edition offers a host of personalization options, including a number of individual paint finishes, and to help it stand out from the crowd, the exterior will also be augmented by elements from the company’s M division.
So, equipment and aerodynamic additions focused on increasing handling, performance and its sporty nature.
BMW promises a host of “high-class” interior details which will be open to personal interpretation but will include, as standard, specially embroidered leather seats featuring the Chinese character representing the Horse.
Now in its 13th year, the Beijing International Automotive exhibition officially opens its doors to the public on April 20.
A rare Ming-era wine cup broke the world auction record for any Chinese porcelain on Tuesday, selling in Hong Kong for $36.05 million (HK$281 million) to Shanghai tycoon Liu Yiqian, Sotheby’s auction house said.
The tiny white porcelain cup, decorated with a colour painting of a rooster and a hen tending to their chicks, was made during the reign of the Chenghua Emperor between 1465 and 1487.
Nicolas Chow, deputy chairman of Sotheby’s Asia, described the cup as the “holy grail” of Chinese art. “There is no more legendary object in the history of Chinese porcelain. This is an object bathed in mythology.”
The chicken cup represents the pinnacle of Ming-era porcelain production. That period in terms of porcelain production was really the peak of material refinement. Emperors of later Chinese dynasties were so enamoured by the design that the chicken cup was copied extensively.
“When you buy a chicken cup… you don’t just buy the object, you’re buying centuries of imperial admiration for these objects,” he said.
According to the World Watch report, a new survey from the Digital Luxury Group, China’s most popular watch brands are all European.
The top three models are Omega’s Constellation and De Ville models, and Cartier’s Ballon Bleu (from €3,410 up to over €50,000).
The report was based on data shared for the first time by Baidu, China’s leading search engine. According to Baidu Vice President, Liang Zeng, “Watches are part of the fastest growing luxury segments in China right now.”
It’s luxury watches which get the most attention, with prestige category brands leading with 23% of global interest, as well as accounting for 41.5% of total demand in China. Baselworld 2014 takes place March 27-April 3.
Jaguar has announced football icon David Beckham will be joining the British manufacturer as a brand ambassador for China.
David Beckham will become the face of a high-profile marketing campaign, including print ads shot by renowned fashion photographer Peter Lindbergh.
China is fast becoming Jaguar’s most important and competitive market and the choice of Beckham, arguably the most recognizable British star across the Asian continent, could prove to be a very shrewd move.
“David Beckham is a Briton whose achievements mean he has global popularity and he is someone who embodies contemporary British style and sophistication. He is a truly modern, British individual with a genuine passion for design, innovation, performance and driving,” said Jaguar Land Rover China managing director Bob Grace.
Described as a long-term partnership, the deal will see Beckham appear in a series of print and TV ads screened exclusively in China, starting with the campaign to launch the Jaguar F-Type Coupé in the country.
It’s not the Beckham family’s first brush with Jaguar Land Rover. In 2012, Victoria Beckham designed and launched in China a special limited edition Range Rover Evoque at the Beijing Motor Show.
San Pellegrino and Acqua Panna have published their list of the top 50 restaurants in Asia for 2014, with top honors going to David Thompson, the chef of Nahm in Bangkok, Thailand.
Lauded for reviving centuries-old Thai recipes with a contemporary and sophisticated flair, chef David Thompson doesn’t shy away from the punchy, bold flavors that characterize Thai cuisine — garlic, shrimp paste, chilies and lemongrass — but rather distills the flavors into elegant and memorable curries, salads, soups and relishes.
The list is compiled by a group of 900 international leaders in the restaurant industry, that includes food critics, chefs and restaurateurs.
Here are the top 10 restaurants in Asia:
1. Nahm, Bangkok, Thailand
2. Narisawa, Tokyo, Japan
3. Gaggan, Bangkok, Thailand
4. Amber, Hong Kong
5. Nihonryori Ryugin, Tokyo, Japan
6. Restaurant Andre, Singapore
7. Waku Ghin, Singapore
8. Ultraviolet, Shanghai, China
9. Lung King Heen, Hong Kong
10. 8 1/2 Otto E Mezzo Bombana, Hong Kong
For the full list, visit www.theworlds50best.com/asia/en.
Shanghai Tang debuts a new campaign for its splendid Spring/Summer 2014 collections against the backdrop of a luxurious white villa in the hills.
The contrasting colours of picturesque environment accentuate the story of a jet-setting couple on a sophisticated summer vacation.
The eroded cliffs, luscious plants and gleaming white architecture provide the perfect setting for Shanghai Tang’s latest collection, resonating with its sheen textures, refined tropical print and bold contours.
Inspired by the golden age of Hollywood, the campaign features Chinese supermodels Bonnie Chen and Zhao Lei with perfect styling and vivid lighting.
Through the lens of photographer Richard Bernardin, they bring to life the elusive glamour and sophistication of modern Chinese aesthetic with Shanghai Tang’s collections for Spring/Summer 2014.
The Spring/Summer 2014 collection will be available at all Shanghai Tang Boutique outlets in Hong Kong from February 2014 onwards.
Find out more about this year’s campaign: www.shanghaitang.com
China has surpassed France and Italy to become the biggest consumer of red wine in the world, a new study finds.
China drank 1.865 billion bottles of red wine last year (or 155 million nine-litre cases), contributing to a 136% increase in consumption over 5 years.
For comparison, France consumed 150 million cases, while Italy consumed 141 million cases, according to new research released this week.
The report was commissioned by Vinexpo, a Bordeaux-based wine industry conference, and conducted by the International Wine & Spirit Research, an independent research firm for the liquor trade.
What’s more, red wine consumption in China almost tripled between 2007 and 2013, while it decreased 18% in France and 5.8% in Italy.
Experts attribute the interest in red wine in China not only to the purported health benefits of red versus white but also to the color’s cultural significance.
In China, the color red represents good fortune, strength and luck, making it the ideal drink to serve at banquets and parties, the report points out.
More than 80% of the wine consumed in the country is also produced domestically, placing China as the fifth largest wine producer in the world.
Electric carmaker Tesla Motors said its flagship vehicle will have the same pre-tax price in China as in the US, after Chinese media criticised foreign companies for charging higher prices in the country.
The Tesla Model S sells for $81,070 in the US and the company will receive the same sum for it in China, the world’s biggest auto market.
Nonetheless the sticker price for the premium car will start from 734,000 yuan ($121,370), with the difference accounted for by $36,700 in taxes imposed by the Chinese government and shipping costs of $3,600, it said.
Tesla said the Chinese market could have absorbed a higher price for its cars and attacked rivals for charging more.
“We know that our competitors will try to convince Chinese consumers that our relatively lower price tag means the Model S is a lesser car, when the real reason their car costs more is that they make double the profit per car in China compared to the United States or Europe,” Tesla said.
Foreign brand vehicles have performed well in the China market, helped by perceptions of higher quality and better recognition, making the country a critical market for global automakers.
Tesla has received more than 200 pre-orders for its Model S and Model X in China, state media reported, but analysts say the company will face challenges from the slow development of the country’s electric car market.
Tourists from around the world seem to be increasingly demanding when it comes to what they expect from their hotel, and many are looking for their experience to come with personalized treatment.
And according to an international survey carried out by Intercontinental Hotels Group (IHG), tourists from emerging countries are among the most exacting.
In a survey of 7,000 travelers, IHG found that in addition to demanding the high quality amenities typically offered by a global hotel chain, guests also expect their hotel to be relevant in terms of local lifestyles and customs.
Furthermore, the survey revealed that a majority of guests expect hotels to provide personalized services tailored to their individual preferences.
Overall, 59% of travelers surveyed say that their stay will be “significantly more comfortable” if personalized services are offered, while more than one out of two people say that such services make them feel more respected.
Expectations vary by age group. While the 18-34 set would like to be offered personalized content during their stay, traveling seniors (aged 65 and up) expressed a desire for healthier food and drink options.
The survey indicated that travelers from emerging markets have a stronger desire for personalized services than travelers from more developed nations.
Over 60% of Chinese (64%) and Brazilian (62%) travelers expect a hotel to customize their experience according to their personal needs, compared to just 43 percent of Americans and 42 percent of Britons surveyed.
For travelers from emerging markets, which IHG refers to as the “new global explorers,” this form of personal attention is seen as a sign of respect.
“62% of Chinese travelers, 54% of Brazilian travelers and 46% of Emirati travelers agree that personalization makes them feel respected compared to 39% of travelers from all countries surveyed,” states IHG’s report.
Finally, the survey also revealed some preferences according to nationality. British travelers are fond of surprises, Americans would like to be able to choose their check-in and check-out times, while the Chinese are keen on interactive applications for finding local points of interest.
Russians, meanwhile, expressed a desire for tourist guides in their language.
China’s super-rich might have cut back on spending by 15% last year, but the country has not lost its appetite for luxury brands.
According to the Hurun Report Chinese Luxury Consumer Survey 2014, Chinese millionaires prefer to wear Cartier jewelry, Patek Philippe watches and Hermès accessories, while the wardrobes of the wealthy are stocked with Armani outfits for the men and Chanel for the women. Burberry was the children’s clothing brand of choice among the privileged demographic.
When it came to choosing a car, the Rolls Royce Phantom and the Mercedes-Benz S-class are the top choices for executive vehicles, while the Audi Q7 and the Land Rover Range Rover are deemed the best SUVs.
Around 40% of the super-rich now own a yacht — a 10% increase since last year. The favorite brand is Ferretti. Meanwhile Gulfstream, the Embraer Legacy 650 and the Dassault Falcon 7x are the most popular business jets.
Chinese millionaires are most likely to drink Royal Salute whisky, Martell or Hennessy Cognac XO, although Macallan is the single malt whisky of choice and Louis XIII is the most popular imported spirit.
Moutai is the Chinese spirit of choice amongst luxury consumers. When it comes to champagne they’ll take a glass of Perrier-Jouët over Moët, and smokers will opt for a Chunghwa cigarette or a Davidoff cigar.
The top choice of private members’ club is the Chang’an Club in Beijing and the preferred luxury hotel brand is the Shangri-La. When flying business or first class, the country’s millionaires chose Air China for domestic trips and Singapore Airlines for international travel.
The Hurun report surveyed 393 mainland Chinese millionaires between June and December 2013 with a wealth of RMB 10 million or more ($1.6 million).