To mark the reopening of Dior’s boutique at Plaza 66 in Shanghai, Dior is launching a limited-edition selection of iconic pieces in Dior blue, which will be sold exclusively at the Shanghai store.
After London’s most famous department store Harrods changed hands this weekend, new owner, Qatar Holding is considering a Chinese branch.
The company behind the investments of the Qatari royal family bought the store on May 8 for Â£1.5 billion after months of negotiating between Qatar Holding’s CEO, Ahmad al-Sayed, and former Harrods owner, Mohammed al-Fayed.
Now, new projects are on the horizon for the British house, including a new luxury online store and expanding the house name brand beyond souvenirs.
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 for Expo 2010 which begins on May 1.
It opened April 19 as the only luxury hotel on the Shanghai Expo site, offering 400 rooms with views of the pavilions, the Huangpu river and Shanghai skyline.
The French carmaker has just unveiled today the Citroen Metropolis concept which will be premiered at the Shanghai World Fair from 1st of May 2010.
Created by CitroÃ«n‘s international design team – based in Shanghai since 2008 – CitroÃ«n Metropolis will be on show in the French Pavilion at the Shanghai World Fair from 1st May to 31st October, 2010.
The Citroen Metropolis is a big luxury sedan with a wheelbase bigger than both the Audi A8 or Mercedes S-Class and it just so happens to follow the debut of the BMW long-wheelbase 5 series at the Beijing Motor Show.
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 increase of 6.1% from last year.
This growth has occurred against a background of strong economic performance in China‘s economy.
GDP grew by 8.7% in 2009 to RMB 33.5trillion, and the Shanghai Composite Index rose over the same period from 2300 points to 3000, an increase of 30%.
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.
The short film “First Film” is Prada‘s latest collaboratin with avant-garde filmmaker Yang Fudong.
Featuring young men dressed in Prada menswear, the black & white film portays a timeless, dreamlike realm where anything is possible.
The film was shot in Shanghai, according to Prada the film was inspired by the Chinese adage that â€œthe whole yearâ€™s work depends on a good start in springâ€.
After last year’s Moscow extravaganza, Chanel’s head designer Karl Lagerfeld relocated to Shanghai last week to present his yearly Maison d’Arts collection at the label’s freshly inaugurated boutique at the Peninsula Hotel.
As in past years, ‘King Karl’ has documented his creation process meticulously — videos can now be watched on YouTube.
All the videos have been removed from Youtube by Chanel
Beginnings — After a nostalgic black-and-white opening, the ‘Kaiser’ is shown sketching the first drafts for the collection.
Fittings — Models show Lagerfeld the first results of his work.
Fine tuning — Whatever the label’s creative head decides is implemented in Chanel’s Paris ‘ateliers.’
Shooting the movie — Coco Chanel never made it to Shanghai herself, even though she imagined the place as very inspiring.
Lagerfeld tried to capture her relationship with the city in a new short movie, which he can be seen directing here.
More fittings — The collection starts to take shape.
Working overtime — This is where the ‘Art’ in ‘Maison d’Art’ comes from.
Fit for the press kit — Lagerfeld photographs the collection for the press, as always with a little help from his ‘muse du jour,’ Baptiste Giabiconi.
Leaving on a jet plane — Chanel’s staff gets ready for the departure to China.
Shanghai impressions — The team arrives in the metropolis.
Getting ready — This short summary of the actual fashion show also gives you a few glimpses of the backstage scenery.
The show — Lagerfeld’s favorite models including Jessica Stam, Heidi Mount, Freja Beha Erichsen and Abbey Lee Kershaw paraded down the runway in richly embellished creations inspired by Asian art and antiques.
While the clothes didn’t fail to impress, the Kaiser’s ‘yellow-face’ make-up for the girls caused hot debate this week.
Dior has confirmed that filmmaker David Lynch will follow in Oliver Dahan’s footsteps, directing the label’s next Lady Dior ad.
The second ‘episode’ of the campaign, which started with Dahan’s secret agent-inspired chapter earlier this year, was shot in Shanghai this week.
Lynch, the maker of US TV series Twin Peaks and movies such as Mulholland Drive previously directed the ad for Gucci’s signature fragrance.
The Lady Noire Affair by Lady Dior – CHAPTER ONE (directed by Olivier Dahan)
A new report has revealed that Beijing has the maximum number of rich people in China.
The latest Hurun Report on China’s wealthiest people said that there are 143,000 (yuan-)multimillionaires and 8,800 billionaires in Beijing.
Hurun Report, renowned for its annual China Rich List of tycoons, has recently hosted Shanghai’s Best Presidential Suites Awards.
The awards ceremony was held on 15 June, timed to coincide with the opening of the Asia Luxury Travel Market, the regionâ€™s leading showcase for the luxury travel industry.
“Before now China’s luxury consumers have had little idea of Shanghai’s top suites and executive club lounges, despite the fact that hotels spend so much money on them,” says Rupert Hoogewerf, founder of Hurun Report
“We created a scorecard to assess and rank the top Presidential Suites and Executive Club Lounges, many of which are truly outstanding.”
Porsche unveiled the car at the Shanghai auto show in April, the first time it debuted a new model outside of Europe or North America.
“All premier manufacturers are showing good results” in China, Helmut Broeker, Porsche’s China head, said in a June 12 interview in Shanghai.
In June, the 209-room PuLi Resort and Spa will offer all the trappings of an urban resort, including 24-hour butler service, bathtubs with views of the Shanghai skyline, an Anantara Spa and an exclusive lounge for guests of The PuLi Club.
Prices: from $650 (opening specials will be available until the end of September)
Gucci opens it 28th store in China on the 6 June 2009, to mark the occasion Frida Giannini has created a limited edition “Shanghai Dragon Bag”.
A version of the sort after Boston Bag in white with two red Dragons facing each other in a symmetrical fashion and the Gucci signature in the middle, underneath is a bright red column.
Inspiration for the design comes from ancient Chinese Symbolism including the use of prosperous red, a sign of good luck.
The 2009 edition of the China International Luxury Property Show will be held on September 25-27, in Shanghai, supported by LP â€“ Luxury Properties magazine.
For the fourth consecutive year, CILPS will present to Chinese elite and wealthiest investors a selection of exclusive properties for sale from all over the world.
More than 4,000 high profile investors visited the Show last year, confirming the appetite of China’s elite for overseas premium real estate investments, and the growing globalization of the China market.
Despite a slowing market, luxury home prices in Shanghai are likely to remain stable or grow in the second half of this year mainly due to the scarcity of land downtown, says Asia Property Report.
The immense popularity of the Pershing brand on the Chinese market has been reconfirmed for 2009, too.
An awards ceremony was held recently in the elegant setting of the Hotel Pudong Shangri-La in Shanghai, during which Pershing, a Ferretti S.p.A. brand and famous Italian shipyard specialising in the production of luxury yachts, was presented with the important â€œBest Luxury Performance Yacht 2009â€ award, following data issued by the â€œBest of the Bestâ€ survey.
The â€œBest of the Bestâ€ is the most authoritative survey which the Editorial Office of â€œThe Hurun Reportâ€, an important Chinese magazine devoted to the financial world and luxury, has drawn up every year for the past five in order to make an in-depth investigation of the lifestyles and spending habits of the most prominent figures in the Chinese economy.
The editorial staff of Asia-Pacific Boating magazine are now accepting nominations for the Asia Boating Awards, to be held on April 17, 2009, in conjunction with the China International Boat Show in Shanghai.
Readers of LUXUO are invited to submit their favourite boats, builders, places and personalities in 21 categories on a dedicated website with an easy-to-use, online form.
The awards recognize the best in Asian boating. Among the honours are awards for best motor yachts in four size ranges, awards for best sailing yachts, and new to this year, best racing yacht.
LuxuryMart09, an annual luxury business-to-business event will be held in Shanghai next Thursday (January 15th) and is set to welcome over 50 of the worldâ€™s top luxury brands including Bentley, Princess Yachts, Cartier, Bank of China and Relais & Chateaux.
The premier event for luxury brands targeting Chinaâ€™s fast-growing affluent sector, is now in its third year and is the leading annual platform for brands to exchange ideas and collaborate on marketing products and services for high-end Chinese consumers.
China is the worldâ€™s fastest-growing market for luxury brands, expected to rank second only to Japan by 2015.
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” is the leading annual platform for brands to exchange ideas and collaborate on marketing products and services for high-end Chinese consumers.
China is the world’s fastest-growing market for luxury brands, expected to rank second only to Japan by 2015. The country’s “Rich List” includes 1,000 individuals with more than RMB 0.7 billion (USD 1 billion) each in assets and 800,000 millionaires.