Red Luxury

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The Three Mega Trends in China Luxury

Luxury in China has ceased to be simply the possession and consumption of expensive, or even exclusive products. Now, it is more about self …

China Has the World’s Largest Internet Population, But Is Growth Slowing?

China has the world’s largest internet population at 632 million.<p>According to figures released by the official China Internet Network Information …

Chinese Tourists Are Still The World’s Biggest Spenders

Chinese travelers are still number one when it comes to tax-free shopping, according to the latest study by Global Blue.<p>With a reputation as the …

For Mainland Chinese, Appetite for Hong Kong Shopping is Waning

Mainland Chinese are still traveling to Hong Kong, but their appetite for shopping there has diminished.<p>Reports by the Hong Kong Retail Management …

Stuart Weitzman Tackles Chinese E-Commerce

High-end shoe brand Stuart Weitzman is expanding their global e-commerce presence, and have identified China as one of the prime markets in the world.<p>…

Juicy Couture To Accelerate China Growth as Lifestyle Brand

Authentic Brands Group, who bought the rights to Juicy Couture last year, has inked a long term deal with ImagineX Group to accelerate growth of the …

Shanghai Welcomes ‘Miss Dior’ Exhibit

These days luxury retailers are finding various ways to engage Chinese consumers. Exhibits have become a popular choice.<p>Last Friday, Dior unveiled …

E-Commerce is Booming in China’s Big and Small Cities

The top three cities for e-commerce in China are Shenzhen, Guangzhou, and Hangzhou, according to a recent report from AliResearch, a research …

Chinese Tourists Ranked No. 1 in Spending Globally, But Growth is Slowing

Chinese tourists from the Mainland ranked No. 1 in global duty-free spending in 2013 for the fourth consecutive year, according to Global Blue …

Demand for Diamonds in China Rises 18 Percent

De Beers, the world’s biggest diamond producer, says it expects global demand for diamonds to rise this year due to a resurgent US market and new …

Chinese Designer Yiqing Yin’s Star is Rising in Fashion

Twenty-something Chinese clothing designer Yiqing Yin is making waves in the fashion industry. The designer, who lives and works in Paris, serves as …

Korean Pop Culture’s Considerable Influence on Chinese Shoppers

Korean pop culture has taken China by storm, and it’s having a big influence on Chinese shoppers. The phenomenon, known as Hallyu, includes Korean …

China’s Wealthiest – Where Are They?

China has nearly 3 million high net worth individuals (HNWIs) and most of them are not in the first tier cities. China’s wealthy are located across …

Chinese Consumers’ Infatuation with ‘Britishness’

A recent survey of Shanghai and Beijing consumers found that “Britishness” was a leading factor in why Chinese shoppers are so fond of certain brands.<p>…

Sands Macao Opening 10 Years Ago Changed The World

The future of the global casino business and Macau began on May 18, 2004, the day they broke down the doors at Sands Macao. Ten years later, Sands Macao’s opening still reverberates through business and politics everywhere and has reset the economic development conversation throughout East Asia. …

Carnival Deploys Fourth Ship to China as Leisure Class Grows

Carnival Corp. will dispatch a fourth ship to China next April, escalating the battle for passengers in the fastest-growing cruise market.<p>The …

Art Exhibits Become Fashionable in China

Young affluent Chinese are becoming increasingly interested in art.<p>Shanghai has become an art hub, featuring more than 10 open private and public …

LVMH Enters Chinese Restaurant Business with Acquisition of Crystal Jade

The world’s largest luxury goods conglomerate, LVMH, has purchased the singapore-based Crystal Jade restaurant chain for around $100 million. The …

Starwood to Open 22 Hotels in China in 2014

Starwood Hotels and Resorts continues its rapid China expansion this year through its Aloft, Four Points, Westin, The Luxury Collection, W Hotels, …