Monthly Archives: May 2013

Eye On London: British Heritage Brands Attract China’s Seasoned Shopper

This week, in our “Eye on London” series, Jing Daily will look at some of the brands, designers, hotels and restaurants in the London Luxury Quarter that are turning their attention to China’s sophisticated, seasoned traveler — the type who looks beyond … Continue reading

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E-Commerce Soars in China

HONG KONG — Chinese consumers shop online, using gadgets like smartphones and tablets, more frequently than their counterparts elsewhere, according to a report released Tuesday by the consulting firm PwC. The findings, which are based on a survey of more … Continue reading

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STELLA MCCARTNEY CEO: CHINA IS READY FOR US

After the influx of  couture brands like Alexander Wang and Lanvin have paved the way,Stella McCartney is making big plans for China. Stella McCartney’s CEO and president, Frederick Lukoff, said, “I think [China] is ready for a brand like us. I’m not sure it would … Continue reading

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Why China’s luxury shoppers are spurning Louis Vuitton for Burberry

By Lily Kuo @lilkuo April 17, 2013 What’s haute and what’s not. Getty Images / China Photos A day after Louis Vuitton raised anxieties that China’s wealthy were tightening their purse strings, Burberry posted better-than-expected quarterly sales precisely because of stronger luxury … Continue reading

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China’s Fashion Market In Transition: Winners Emerge As Competition Heats Up

  An Evolving Consumer Landscape Reshapes The Formula For Success      Amid the ongoing discussion on China’s luxury slowdown, many fashion brands are understandably concerned about what this means for their current and long-term potential in China. The immediate effect … Continue reading

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THE RISE OF AFFLUENT CHINESE: 260 MILLION MORE AFFLUENT CONSUMERS BY 2020

  The world’s second biggest economy is set to create 260 million more middle class consumers by 2020, this means 260 million new customers for luxury goods. City dwellers account for the majority of the population. At a press conference … Continue reading

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Bang & Olufsen Opens First “Experience Center” In Beijing

  Danish Audio-Video Maker Targets Consumers Hungry For Brand Heritage, Style A Bang & Olufsen store display. (Flemming Leitorp) It may have reported a net loss of $15.7 million in the three months ending this past February, but that hasn’t … Continue reading

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THE YOUNG AND AFFLUENT ARE DRIVING LUXURY CAR SALES IN CHINA

What is the state of China’s luxury car market? Depending on who you read, it can be up or down. Yet, most agree that the emerging buyers of luxury cars are wealthy and younger. CNBCsays they are young, rich, classy, and … Continue reading

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WHY HAVE FLAGSHIP STORES IN CHINA WHEN ONLINE SALES ARE SOARING?

Online retail sales in China increased 55 percent to RMB 194 billion ($31.5 million) in 2012 and are expected to grow 37 percent to RMB 265 billion ($42.7 million) in 2013, according to Nasdaq. How do we account for the burgeoning … Continue reading

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In Japan, the Rise of ‘Geek Brands’

There are more single or childless Japanese men in their 30s and 40s than ever before. The affluent and well paid among them have the time and money to indulge their most esoteric whims, whether in hobbies or consumer goods. … Continue reading

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