Hong Kong kicks off big-money auction series

A series of auctions of high-end goods from fine wine to Imperial Chinese ceramics goes into full swing this weekend in Hong Kong, as the city challenges the dominance of New York and London. The multi-million-dollar auctions are looking to cash in on the vast wealth of China’s growing number of millionaires keen to show … Continued

Prada considers Hong Kong IPO

Italian luxury goods company Prada is set to file a listing application for a Hong Kong IPO that could be worth almost $2 billion, Reuters reports. The Milan-based company, known for its colorful Miu Miu dresses and Prada handbags, planned to list in Hong Kong at the end of June. Prada would be only the … Continued

Ritz-Carlton Hong Kong Opens

The world’s highest hotel opened its doors in Hong Kong on Tuesday, offering unrivalled panoramic views of the world famous Victoria Harbour. Towering some 490 metres (1,600 feet) above the bustling, chaotic streets of the Southern Chinese city, the Ritz-Carlton Hotel is making a grand comeback after temporarily closing in 2008. Visitors peered out of … Continued

Top 10 most expensive streets in the world 2011

Hong Kong’s Severn Road, a winding street of mansions and tony apartments, is still the priciest address on the planet. For the second year running, Financial News has determined that properties on Severn Road cost more per square foot than those anywhere else. Properties on Severn Road were valued at US$78,200 a square meter (about … Continued

China’s middle class stampede for luxury handbags

It could be a queue for a pop concert, a top nightclub or even the opening night at the theatre. But the hundreds of people lined up in a Hong Kong street are actually waiting to bag a bit of luxury. “We’re looking for new handbags,” says student Celeste Law as she queues patiently alongside … Continued

Luxury watchmakers follow the money to Asia

A measure of any Asian businessman is the time he keeps and, far more importantly, the watch he wears to mark it. A handshake can be soft or firm but will likely soon be followed by a glance to the wrist to see the watch wrapped around it, especially in China. A heavy slab of … Continued

China biggest luxury goods market by 2020

China will be the world’s biggest luxury goods market by 2020 as its economy booms and an emerging middle class spends a growing chunk of their cash on high-end items. Over the next decade, Chinese consumers — including a surging number of billionaires — will account for 44 percent of global spending on goods such … Continued

Hong Kong airport lounge tops world’s best

The Wing airport lounge at Hong Kong International Airport has been chosen as the best in the world by guidebook publisher Frommers. In a guide compiled for USA Today, Frommer’s picked the world’s top ten executive lounges, putting Cathay Pacific‘s 4,500 square meter facility in first place. Reserved for Cathay’s first and business class passengers, … Continued

Louis Vuitton – Art for baby

Louis Vuitton and Yana Peel hosted an “Art for Baby” opening reception on 18th January 2011 at Espace Louis Vuitton Hong Kong. The “Art for Baby” exhibition brought together in celebration of the Asia launch of the highly-acclaimed book by the same name. It showcases the 20th century’s most prolific painters from America, Europe and … Continued

La Brasserie – Best French Restaurant in Hong Kong

This traditional, Parisian-style brasserie French restaurant has already had an established following in Hong Kong. You can enjoy signature dishes like, Bouillabaisse, Steak Tartar, French Mussel, Crepe Suzette or the Souffle! La Brasserie differentiates itself from other French restaurants in Hong Kong by featuring old-world dishes rarely available in the city such as pressed duck.

China’s top design hotels honored

The cream of China’s hotel industry has been selected by a Chinese publication, with the top gongs going to properties in Hong Kong, Shanghai and Hangzhou. The China Best Design Hotel Awards were awarded last month in Shanghai, with three exclusive properties coming top of the list — The Mira Hong Kong, the Waldorf Astoria … Continued

Swarovski Crystal Christmas Tree in Hong Kong

In celebration of the festive season, Swarovski presents the 30-metre high outdoor Crystal Christmas Tree at Statue Square in Central, Hong Kong. Inspired by urban effervescence, and a landscape dominated by skyscrapers and buildings with a seemingly endless number of windows, the Swarovski Crystal Christmas Tree towers over 30 metres high. Rhombus-shaped mirrors in silver … Continued

Cartier Hong Kong Flagship Store Opening

Cartier, the number one luxury jewelry brand in China, continues to ramp up its presence in the Asian country with the opening of yet another flagship on Friday. The new store, which spans 900 square meters (9,687 square feet), is housed inside the Prince’s Building — an upscale shopping center in Hong Kong. The three-story … Continued

Hong Kong Ritz-Carlton To Be Tallest Hotel

The date has now been set for the opening of the “world’s tallest hotel”. Visitors to Hong Kong will get a view of the city no one has ever seen before. From March next year, the Ritz-Carlton, Hong Kong will have its home in the 102nd to the 118th floors right at the very top … Continued

Most Expensive Bottle of Wine Ever Sold at Auction

Three bottles of Chateau Lafite’s 1869 vintage each sold for a record price of HK$1.8 million ($230,000) at a sale in Hong Kong last saturday. All three were bought by the same Asian telephone bidder, said Sotheby’s, which offered almost 2,000 bottles of Lafite shipped directly from the cellars of the chateau in Pauillac, near … Continued

The Miele Guide Ranks Asia’s Top 20 Restaurants

Singapore and Hong Kong dominated a list of Asia’s best restaurants, but Malaysia made it into the elite ranks for the first time, an annual survey showed. Singapore restaurant Iggy’s moved to the top spot from being #2 last year, according to this year’s ranking of Asia’s top 20 restaurants by The Miele Guide. L’Atelier … Continued

Airline lounges – who has the best?

Last week, Hong Kong-flag carrier Cathay Pacific unveiled its new lounge at Hong Kong International airport, promising a “new level of comfort and convenience.” “The Cabin” is spread across 1,339 square meters and designed by Foster and Partners to be “contemporary, refreshing and dynamic.” Passengers can choose between 5 zones designed for different purposes, including … Continued

No stop to rise of Asian millionaires

The ranks of Asia-Pacific millionaires are likely to continue growing faster than those from developed countries as regional economies led by China and India power ahead, a report said on Tuesday. The study on high-net-worth individuals (HNWIs) — defined as anyone with investable assets of at least one million US dollars — was issued by … Continued

Veuve Clicquot launches QR Code campaign

Veuve Clicquot is giving champagne lovers something new to do with their phones with the launch of the Veuve Clicquot QR Code in Hong Kong. A quick refresher on QR codes for the uninitiated. QR codes are a very useful tool for pointing people to more information about your product. You take a photo of … Continued

The Mira Hong Kong x Lindt Chocolate Mooncake

Coco, the cafe-patisserie at The Mira Hong Kong, is collaborating with Lindt Chocolate to create this year’s mooncakes for the Mid-Autumn festival. These chocolate mooncake come in four sophisticated flavours (sour, sweet, bitter and spicy) boxed in designer packaging to reflect Coco’s couture roots.