Red Luxury
Michael Kors Opens Beijing Store, Plans Further China Expansion
A Michael Kors store has finally arrived in Beijing. The Beijing store is the brand’s fifth store in China, and its largest.
The 2,400-square-foot store, which opened earlie...
Designer Alexander Wang Returns to His Roots, To Open 14 Stores in Asia This Year
Chinese-American fashion designer, Alexander Wang, arrived on the scene with a bang. Last February, he opened his first store on Grand Street in New York. While more cautious desi...
International Luxury Hotels Rebound, Grow in China
The number 8 may be lucky to Chinese in general, but hotel entrepreneurs in particular are pretty happy with 60 at the moment. Occupancy rates for China’s luxury hotels hovered ...
Piazza Sempione Enters China, Targets China’s ‘More Discerning’ Luxury Consumers
Could niche luxury retailers compete with luxury heavyweights such as Louis Vuitton and Burberry in China’s crowded luxury market?
The Italian luxury label Piazza Sempione h...
Luxury E-tailer Shangpin Targets “Untapped” Affluent Chinese Consumers
Beijing-based, members-only e-commerce start-up, Shangpin, is cashing in on China’s growing demand for luxury products. Shangpin, whose name comes from the Chinese characters fo...
Calvin Klein’s Largest Market Outside the US — China
Outside of the US, China is Calvin Klein’s largest market with 50 percent annual sales growth for the past two years. Its China business has pulled ahead of other international...
Curbs in China’s Real Estate Spur Growth in Lower Tier Cities
The Chinese government, says Shuang Ding and Minggao Shen of Citigroup, will sacrifice gross domestic product to curb the property market. “China’s quest to curb property pric...
