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.
Pernod Ricard has opened the first Martell Experience Boutique at Hong Kong International airport (HKIA) terminal one’s arrivals area. The Martell Experience Boutique is one of only two places in the world to obtain a bottle of L’Or de Jean Martell, according to Jean-Etienne Gourgues. Customers who buy a bottle of L’Or de Jean Martell … 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
The sixth edition of the Prestigious Asia Boating Awards will be hosted this year at the Hong Kong Gold Coast Yacht and Country Club. For the first time ever, the Asia Boating Awards, the top event of the yachting calendar in Asia, will be staged in Hong Kong at the upcoming Hong Kong Gold Coast … Continued
China is expected to be the world’s seventh largest wine consumer by 2013 as the nation’s thirst for vintages continues to grow amid an economic boom. The country will consume around 1.26 billion bottles of wine in 2013, an increase of about 32 percent from 2009, according to findings of Vinexpo, organiser of one of … Continued
Petra Diamonds Limited announced that the 507 carat Cullinan Heritage sold for US $35.3 million, the highest sale price on record for a rough diamond. The diamond was sold on tender in South Africa and was purchased by Hong Kong-based Chow Tai Fook Chow Tai Fook Jewellery Company . The Cullinan Heritage was recovered in … Continued
A company run by Hong Kong‘s best-known entertainment mogul has paid a record 108 million US dollars for a shop in one of the busiest districts. The sale of the 1,212 square foot outlet comes as the city’s government tries to contain soaring property costs due to fears they are getting out of control. The … Continued
A ring with a pink diamond the size of a chickpea was auctioned off for a record HK$83.5 million ($10.8 million) in Hong Kong on Tuesday. “Vivid Pink,” as it’s called, is a five-carat stone flanked by two white diamonds and set in a ring by elite jeweler Graff. It hails from a private collection. … Continued
Michelin has added a cheap restaurant category to its new Hong Kong and Macau guide unveiled Thursday, after critics accused the culinary bible of ignoring the cities’ food-stall culture. Twenty-nine “simple shop” restaurants received star ratings in the guide’s second edition, with its highest three-star rating awarded to a pair of French restaurants and one … Continued
The winners of the 2009 AsiaSpa Awards were announced at a glamorous gala awards ceremony held at Armani Bar Hong Kong last Thursday. The majority of Asiaâ€™s spa destinations won an award, including properties in, Thailand, The Philippines, The Maldives, China, Cambodia and Hong Kong.
The worldâ€™s tallest hotel will open in Hong Kong in 2010 when the Ritz-Carlton, Hong Kong, welcomes its first guests. The 312-bedroom hotel will occupy floors 102 to 118 on the International Commerce Centre (ICC) — currently taking shape on the Kowloon waterfront spanning 484 meters and 118 storeys when completed by the end of … Continued
Hong Kong firm has launched a series of television commercials offering personal loans in exchange for ladies’ luxury handbags. Yes Lady Finance will pay cash-strapped socialites up to 70 percent of the bag’s value with 28 percent annualised interest, the South China Morning Post said.
A Hong Kong developer who sold an apartment for a world record price was Tuesday condemned for selectively numbering the floors on a 46-storey building as a ploy to attract Chinese buyers.
South Korean pop star Rain attended yesterday the grand opening of the IWC Schaffhausen flagship store at the 1881 Heritage Boutique in Hong Kong. IWC Schaffhausen (International Watch Co.) is a famous high-end Swiss watch manufacturer and Rain was personally invited for this grand opening. French soccer star Zinedine Zidane who joined the brand’s army … Continued
Wild Caviar has almost vanished from face of the Earth and the privileged few that are still able to enjoy its delicacy are hit where it hurts most, their wallets. However, Caviar Azovka hopes to revive the rare treat through their precise farming and a strong ambition. “Most of the countries, and their historic producers … Continued
An outsize luxury apartment in one of Hong Kong’s wealthiest neighbourhoods has sold for 439 million Hong Kong dollars ($56,5 million). The five-bedroom duplex suite, near the top of the skyscraper overlooking Victoria Harbor, measures 6,158 sq feet and has a garden of 340 sq feet. Hong Kong luxury home prices and sales have jumped … Continued
Vacheron Constantin recently inagurated its newest flagship boutique in Hong Kong at 1881 Heritage. The upscale Heritage 1881 shopping center is in a historical Hong Kong landmark which for a period of years served as headquarters for the Marine Police. To celebrate, they have also released a very exclusive limited series of 3 “Dragons” watches, … Continued
We have recently had the opportunity to have dinner @ FINDS, Hong Kong’s pioneer of Modern Northern European Cuisine. FINDS is an acronym for Finland, Iceland, Norway, Denmark, and Sweden – the collection of countries that inspired its menus and design. The modernist decor and menu of updated Northern European classics attract a clientele of … Continued
1881 Heritage is the Former Marine Police Headquarters that has recently been rejuvenated and re-integrated as a high-end shopping site in Hong Kong. These buildings were constructed between 1881 and 1920, and declared as monuments under the Hong Kong Antiquities and Monuments Ordinance. The 120-year-old site occupies 12,000 sqm near Victoria Harbour in Tsim Sha … Continued
A single Chinese stamp has sold for $332,000 at Zurich Asiaâ€™s â€œStamps and Postal Historyâ€ autumn auction in Hong Kong Friday. The 1897 Qing dynasty stamp was bought by a Beijing collector and set a new world record for a single Chinese stamp. It is an extremely rare 1897 small one-dollar overprint on a three-cent … Continued