Archive for October, 2012

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Oct
2012
The big debate

Luxury products have always been very expensive in China, initially due to the huge taxes imposed by the government as a means to claw back from those with the cash to buy them in the first place, many of who ...

There has been quite a large amount of press recently here about a French luxury jewellery brand called Matzo Paris entering China with big plans to open 45 stores, and to compete with the likes of Cartier and Tiffany. Their ...

In 2011 over 70 million Chinese travelled overseas, the estimate for 2012 is that this number will increase to over 78 Million. The 2011 figures where 1.2 times that of those from the USA and 3.5 times those from Japan, ...

The Chinese luxury market should never only be considered as the luxury market within China. The simple fact is that luxury consumption by Chinese overseas is far greater than that within China itself, and this itself is a problem the ...

Oct
2012

Shenyang is the capital of Liaoning Province and the largest city and transportation hub in Northeast China. At the core of Shenyang Economic Zone, it has a GDP of 501.7RMB Billion 2010 which is approximately one-third the size of Shanghai’s. ...

Other than artwork, collectors in China have a desire to preserve historical artifacts such as Traditional quadrangle houses With the rapid development of housing in China, many traditional homes have been destroyed without a second thought, and it is only now that ...

The Chinese have always been collectors, and over the past 10 years, this fervor to collect has grown dramatically particularly in the area of art, both Chinese and International. According to the annual report published by the Ministry of Culture, ...

Louis Vuitton opened a flagship store in The MixC in Shenyang in Northeast China, and their first store in Shijiazhuang in Hebei province. Dior also opened its first store in The MixC in Shanyang, and their first jewelry store in ...

Chinese film and music celebrities have been wheeled out at events around the world by many brands including LV and Gucci, all creating good press back in China. The Icons of Heritage a Gucci history exhibition was held in
the Gucci store ...

In the September issue of Luxury Insights China, we talked about the poor results of Burberry and the contradiction with good results from brands such as Prada and Hermes. October was a month of much of the same, and more ...

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