Posts Tagged ‘China’

LuxuryLab Daily Digest

Posted by Lauren Proctor on October 4, 2009

Rolling Sculpture Beats Gold as Values of Collector Cars Soar (Bloomberg)
Stephen Serio, a Waltham, Massachusetts classic-car dealer, expects the 1966 Ferrari 275GTB on his lot to sell for about $810,000. Five years ago, the same car sold for $500,000.

Leather, a Cat and a Big Party (Wall Street Journal)
A look at the Paris spring shows of Balenciaga, Azzaro, Christian Dior and Lanvin.

Prime Tables Do Not Await at Per Se, Babbo, Packed Restaurants (Bloomberg)
Getting a prime-time table at some of Manhattan’s most expensive — and popular — restaurants hasn’t gotten much easier at a time when a lot of Americans are eating chicken nuggets by the bucket.

Hong Kong’s Luxury Living Draws Mainland Chinese (AFP)
Mainland Chinese once fled to the slums of Hong Kong’s Kowloon to escape poverty, war and communism but many mainlanders in the district these days are seeking swimming pools and harbour views.

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Hong Kong’s Luxury Living Draws Mainland Chinese

Posted by Lauren Proctor on October 4, 2009

Mainland Chinese once fled to the slums of Hong Kong’s Kowloon to escape poverty, war and communism but many mainlanders in the district these days are seeking swimming pools and harbour views. (AFP)

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LuxuryLab Daily Digest

Posted by Lauren Proctor on September 27, 2009

India: The Epicentre for Western Luxury Brands (The Economist)
Consider the latest catwalk collections at the most recently concluded Indian fashion weeks. Notice anything different?

Business Drying Up for Luxury Phone Makers (Wired)
Got a few grand to spare for a $3,000 phone? Yeah, we didn’t think so. Nobody does — and that’s a problem for the makers of luxury phones, such as Motorola, Bang & Olufsen, LG and Vertu.

China Luxury Market Revenue Expected to Break $5 Billion (Alibaba)
According to a recent report released by Goldman Sachs, the sales revenue of China’s luxury market is expected to break $5 billion this year, enjoying the largest growth pace compared to other parts of the world.

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China Luxury Market Revenue Expected to Break $5 Billion

Posted by Lauren Proctor on September 27, 2009

According to a recent report released by Goldman Sachs, the sales revenue of China’s luxury market is expected to break $5 billion this year, enjoying the largest growth pace compared to other parts of the world. (Alibaba)

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LuxuryLab Daily Digest

Posted by Lauren Proctor on September 24, 2009

E-Commerce Is Getting Chinese to Loosen Their Purse Strings (New York Times)
For all the talk that the Chinese are spending too little, business is booming for the country’s online retailers, heralding the emergence of young, affluent consumers who will reshape the global economy over the next decade.

The Rich Expect to Get Richer Next Year (Wealth Bulletin)
Nearly 80% of the world’s wealthy expect to grow their wealth in 2010, according to new research revealing remarkable confidence among the world’s wealthy.

Halogen Paves The Way for Ivanka to be Queen of Brand Tweet (Halogen Network)
Ivanka Trump’s followers have doubled since the Digital IQ Index mentioned Trump Hotels (tweeting as @ivankatrump) as a “luxe expemplar.”

Luxury Retailers See Rents Drop Globally (CBS News)
The average price to rent space in some of the world’s most exclusive shopping districts dropped by the largest amount on record last year, a global survey has found.

CEO of Richemont’s Lange & Soehne Steps Down (Reuters)
The head of watchmaker Lange & Soehne, part of Swiss-based luxury goods group Richemont (CFR.VX), has stepped down due to differences of opinion over strategy, the German watch brand said.

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E-Commerce Is Getting Chinese to Loosen Their Purse Strings

Posted by Lauren Proctor on September 24, 2009

For all the talk that the Chinese are spending too little, business is booming for the country’s online retailers, heralding the emergence of young, affluent consumers who will reshape the global economy over the next decade. (New York Times)

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LuxuryLab Daily Digest

Posted by Lauren Proctor on September 15, 2009

US Twitter Usage Surpasses Earlier Estimates (eMarketer)
In 2009, there will be 18 million US adults who access Twitter on any platform at least monthly. That represents a 200% increase over 2008 levels. Usage will reach 26 million US adults in 2010, a further 44.4% climb.

Luxury Brands Look to China (Harvard Business)
With the future of our global economy still uncertain, more and more executives are looking to China, specifically to the Chinese consumer — who just might be able to lift the global economy out of recession.

W Hotels Worldwide Breaks New Ground with Fashion on a Global Level (Travel Daily News)
W Hotels Worldwide, the hotel category buster and leading industry innovator, unveiled a unique, multi-layered strategy that links the W brand with the global fashion industry while bringing its passion for fashion to life in W Hotels globally.

Six Social Sites Every Fashion Marketer Should Know (Advertising Age)
How a notoriously closed culture is adjusting to social media.

Affluent Singapore Attracts Luxury Retailers in Force (Reuters)
Luxury fashion brands are wafting into Singapore in droves, betting on the city-state’s ambitions of becoming a playground for Asia’s super-rich as it recovers from its worst-ever recession.

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Luxury Brands Look to China

Posted by Lauren Proctor on September 15, 2009

With the future of our global economy still uncertain, more and more executives are looking to China, specifically to the Chinese consumer — who just might be able to lift the global economy out of recession. (Harvard Business)

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LuxuryLab Daily Digest

Posted by Lauren Proctor on September 13, 2009

Driven to Extremes (WSJ Magazine)
Can China single-handedly save the luxury car industry?

Mobile Marketing Done Right (eMarketer)
Ms. Pasqua spoke with eMarketer about what makes for effective mobile marketing.

A Storied Name in Jewelry Makes a Comeback (New York Times)
Fabergé, jeweler to the last Russian czar and creator of the legendary Imperial Easter eggs, made a comeback of sorts Wednesday when it presented its first jewelry collection in more than 90 years, even as other luxury goods makers are bracing for a tough year.

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Driven to Extremes

Posted by Lauren Proctor on September 13, 2009

The economic slowdown has slammed the brakes on the fortunes of high-end car makers around the globe. BMW, the world’s largest luxury-maker, which posted a 19.5 percent drop in first-half unit sales, is leaving the prestigious Formula One motor-racing series this year. (WSJ Magazine)

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