Tag Archives: Red Luxury

Kering Introduces Executive Talent Program in China

Finding talent remains a top priority for luxury companies, especially given the severe talent shortage in China. Luxury conglomerate Kering, a big advocate of talent development, has decided to launch its own executive training program in China to ensure it … Continue reading

Posted in E-Commerce, Economy, Luxury | Tagged | Leave a comment

California Malls Woo Shoppers from China’s Lower-Tier Cities

Shopping malls in southern California are going to great lengths to accommodate an important new clientele: tourists from China. According to the Los Angeles Tourism and Convention Board, Los Angeles had 570,000 Chinese visitors last year — double the number … Continue reading

Posted in Economy, Luxury | Tagged | Leave a comment

China’s Super Rich to Rise By 80% in Next Decade

According to a report by Knight Frank LLP, the number of Chinese super-wealthy, those who own more than US$30 million in assets (excluding their main residence), will grow by 80 percent over the next decade , Global Times reports. China will have … Continue reading

Posted in Economy, Luxury, Wealth | Tagged | Leave a comment

HOW BRANDS CAN NAVIGATE CHINESE FASHION BLOGGERS’ ‘RED ENVELOPE’ CULTURE

BY GIULIA LA PAGLIA Han Huohuo, one of China’s most influential fashion bloggers. (Sina Weibo/Han Huohuo) “So what do you think about the brand?” I asked the extravagantly dressed Chinese girl I had just been introduced to at one of Shanghai’s Fashion Week parties. … Continue reading

Posted in Fashion, Wealth | Tagged | Leave a comment

The Four Drivers of E-Commerce Growth in China

The Four Drivers of E-Commerce Growth in China The rate of China’s e-commerce growth continues to take many by surprise. China’s large and growing middle-class are making frequent purchases online. More importantly, they are “developing brand awareness, an increasing proclivity … Continue reading

Posted in E-Commerce, Luxury, Social Media | Tagged | Leave a comment

Retailers Face Double Threat in China’s Top Tier Cities

While China’s retail market continues to expand, retailers are at risk of being squeezed in top tier cities by market saturation and e-commerce. First- and second-tier cities are facing market saturation of luxury goods, say two researchers at Fitch Ratings … Continue reading

Posted in E-Commerce, Luxury | Tagged | Leave a comment

Beijingers Spent $10.5 Billion Online in First Nine Months of 2013

Beijingers are big spenders online. For the first nine months of 2013, online retail sales in Beijing reached 63.73 billion yuan ($10.5 billion), which exceeded the 59.68 billion yuan ($9.8 billion) for the entire 2012. Despite being late to e-commerce, … Continue reading

Posted in E-Commerce, Economy | Tagged | Leave a comment

Five Reasons Why Chinese Luxury Should Go Digital

E-commerce in China is becoming a world of its own. Already, e-commerce sales stand at $283 billion and climbing, an increase of 68 percent in the first quarter and a number larger than the GDP of Pakistan. Now, online luxury … Continue reading

Posted in E-Commerce, Luxury | Tagged | Leave a comment

China’s Mobile Habits

The smartphone phone has fundamentally changed the way consumers shop, from how they evaluate products to how they buy. A new study by Mindshare China and Millward Brown China urges brands to deliver “a seamless branding and retail experience across … Continue reading

Posted in E-Commerce, Social Media | Tagged , | Leave a comment

China’s Most Luxurious Villas

  When name-brand handbags and private yachts aren’t enough, wealthy Chinese turn to exquisite and luxurious villas. Ranked on 6 indices including location, natural resources, architectural design, human values, construction materials, safety and privacy, People’s Daily names the 10 most luxurious villas in … Continue reading

Posted in Economy, Luxury, Wealth | Tagged , | Leave a comment