Monthly Archives: September 2013

Christie’s First Auction in Mainland China

      Christie’s International held it first auction in mainland China on September 26, at the new Shanghai Free Trade Zone. Sales totaled 168,883,500 (CNY), including Buyer’s Premium. Bloomberg reports that the small sale is more of a test run for … Continue reading

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Asia ‘to take over half luxury goods market’

Asia will rebound to account for more than half of the luxury goods market within a decade, driven by rapid growth in household incomes, according to the Economist Intelligence Unit. China’s appetite for luxury clothing and accessories has spurred sales … Continue reading

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1.05M Chinese Millionaires Want Good Health Most

Hurun Research Institute last week released the GroupM Knowledge-Hurun Wealth Report 2013 that analyses China’s wealthy people broken down according to their regional distribution across China, as well as their investment, consumption preferences, and how they use the media. This … Continue reading

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Prada Says China Still Giving a Boost to Sales

BY REUTERS 8 AUGUST, 2013 Prada F/W 2014 Campaign | Source: Prada MILAN, Italy — Italian fashion house Prada appeared to brush off luxury industry concerns about slowing growth in China, saying demand from the country helped to drive an 11.6 percent rise … Continue reading

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Tesla starts taking pre-orders in China, makes a new home on Weibo

Electric car maker Tesla (NASDAQ:TSLA) has quietly started taking pre-orders for its Model S sedan in China. Tesla China general manager Kingston Chang announced this on his personal Sina Weibo page late last night (here), and now an official Tesla … Continue reading

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If you’ve ever wondered which luxury brands are preferred by China’s sports stars, a comprehensive 50-photo slideshow on Chinese website should lay all questions to rest. Discovered by Abe Sauer at Brand Channel, the images shine light on the ostentatious taste of the … Continue reading

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