Monthly Archives: June 2013

SO HOW MUCH MORE EXPENSIVE ARE LUXURY PRICES IN CHINA?

  Mainland China is known for higher luxury goods prices than anywhere else in the world. So how much more expensive are they? According to a seven-city survey done by China Daily, the results confirms that luxury goods prices in Beijing … Continue reading

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Carmen Busquets has found her new Net-a-Porter

Carmen Busquets   Ever since its launch, Net-a-Porter has been the gold standard in e-tail: the high-end market leader, with a profit margin far ahead of the pack. And ever since then, entrepreneurs have been chasing its market share. Now … Continue reading

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From Fickle To Faithful: Building Loyalty Among China’s Luxury Consumers

From Fickle To Faithful: Building Loyalty Among China’s Luxury Consumers JUN 11, 2013 FASHIONSCOLLECTIVE The spectacular rise of the Chinese luxury market has created unprecedented opportunity as well as, arguably, the greatest challenge for the world’s top luxury brands. Faced … Continue reading

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Changing Tides: Americans Search For Chinese Investment Money When I first visited China in the mid-1980s, the country was just starting to lift its relatively small and poor economy from the Mao era and set out on its historic reforms.  … Continue reading

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LUXURY BRANDS INVITE PUBLIC ‘BEHIND THE SCENES’

Quality, craftsmanship, and exclusivity.  These foundations of luxury are becoming increasingly important as the luxury market becomes crowded. Luxury companies who can capitalize on this, are scrambling to. To that end, LVMH group has revived its initiative to bring its artisans to … Continue reading

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Gung Ho: Beijing business battles to keep staff

Young workers in Beijing like Chu Mingying face family pressure to return home Gung Ho Pizza delivery boys do not walk when they are heading out the doors onto the streets of Beijing: they run. As urban China develops a … Continue reading

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HOW ECOMMERCE IS THE ANSWER TO ‘UNDER-RETAILED’ CHINA

  “China remains an under-retailed country, and customers’ needs are very strong overall,” says Peggy Yu Yu, co-founder of the Beijing-based ecommerce rival to Amazon China, Dangdang, “I live [in] downtown Beijing, and I drive any direction, and one hour … Continue reading

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China-Based Company Locked In Bidding War For Juicy Couture

  Venture Capital Firm’s Proposed Acquisition May Intensify Brand’s China Focus  Juicy Couture’s Beijing flagship in Sanlitun. (Juicy Couture) American fashion label Juicy Couture might soon be prioritizing the China market more than it already has been, as it may … Continue reading

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Life is getting harder for purveyors of luxury in China, but the growth prospects are still fabulous

Beyond bling   “IT WAS an amazing golden age,” reflects Guillaume Brochard of Qeelin, a Chinese jeweller. From 2007 to 2011 many luxury-goods firms enjoyed double-digit annual growth in China, which became their most important market. The first blows came … Continue reading

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CHRISTIE’S OFFERS VINEYARD AQUISITION SERVICE AS DEMAND RISES AMONG CHINESE BUYERS

When one case of Bordeaux is just not enough, Christie’s is combining its fine wine andreal estate segments to help high-net-worth individuals secure their own vineyards. This comes as a response to high demand from customers in China and Hong Kong, according to Luxury … Continue reading

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