Red Luxury
Chinese Love Giving French Luxury Brands As Gifts
The Hurun Chinese Luxury Consumer Survey 2013 found that French luxury brands are still the most popular among gift-givers, reports China Daily.
The top three brands for women’s...
Chinese Ultra-Rich Desire Stealth Luxury
Prada has China to thank for most of its 60 percent-growth in the first quarter of 2012, and many industry insiders consider it a marker for the country’s maturing fashion sensi...
Shang Xia Bets Big On Bringing Chinese Culture To Luxury
Shang Xia (Mandarin for “up down”) opened its first retail store in Shanghai in 2010. Now it’s ready to expand, targeting big spenders who can afford luxury products...
China’s Boredom with Bling?
China’s new economic concerns aren’t all that’s giving brands like Louis Vuitton, Gucci, and Burberry a headache. “Consumers are still spending in China but they’re spen...
How Much Does it Take to be a Chinese VIP?
It comes as no surprise that to luxury brands, Chinese VIPs are those that spend the most. Reports on just how much vary. McKinsey reports that VIPs drop at least 150,000 renmin...
Hermès Thrives in China, Banks on Exclusivity
French luxury house Hermès saw its sales in Mainland China rise 28 percent during the first six months of this year, according to brand CEO Patrick Thomas, and it seems like the ...
China’s Chic and Wealthy Snubbing Popular Luxury Brands?
Louis Vuitton is in a predicament: the brand is very popular in China, but it may become a victim of its own success. “In China, Louis Vuitton is seen as the brand that even...
