Chinese news portal People’s Daily Online has compiled a list ranking China’s 10 Most Luxurious Cities. The criteria? Living standards of the city’s elite, “internationalness”, designer shopping, and infrastructure. Not surprisingly, Shanghai, long known as the “Paris of the East”, has come out on top.
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. The reopening of the Plaza 66 boutique also coincides with the World Expo and the Dior Cruise 2011 fashion show, which will [...]
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. [...]
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 [...]
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 [...]
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 [...]