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5 Takeaways for Luxury Brands from Political Celebrity Missteps in China
Luxury brands would do well to heed these situations when celebrities’ political positions had repercussions on the brand they represented in China. Read More -
How Hong Kong Became the World’s Top Luxury Home Market
Christie's International Real Estate CEO explains Hong Kong's rising status as a consequence of the 'significant amount of built-up Chinese wealth.' Read More -
International Low-Cost Carriers Cautious with Expansion in China
The growth of Chinese independent travel holds potential for LCCs, but the market environment for international airlines makes expansion in China difficult. Read More -
China’s Elite Buying Private Jets For Business, Not Pleasure
Today's globetrotting entrepreneurs and executives are more likely to purchase aircraft as practical means of transport rather than as status symbols. Read More -
Chinese Supermodel Ming Xi Pulls Out of amfAR Gala Over Dalai Lama Auction
The Chinese model and former luxury brand ambassador Ming Xi pulled out of the amfAR Gala Cannes to protest the auction of a meeting with the Dalai Lama. Read More -
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Chinese Buyer Drops $50 Million for Bob Diamond’s New York City Penthouse
A Chinese buyer has plunked down $50 million to buy the penthouse at 15 Central Park West that belonged to former Barclays CEO Bob Diamond. Read More -
Hermès to Debut Store in Second-Tier Chinese City to Meet Surging Demand
With sales in Greater China on the rise, French luxury leather goods maker Hermès is set to debut a store in China's second-tier city Changsha. Read More -
China’s Geely Buys Iconic British Luxury Automaker Lotus
The prestigious sports car brand is now part of the portfolio of a Chinese car giant seeking global growth. Read More -
Tiffany Touts ‘Strong’ Sales Growth in China Despite Disappointing First Quarter
The growth is not enough to help Tiffany & Co's Asia-Pacific Q1 performance as Chinese tourist spending in Japan and Hong Kong dwindles. Read More -
How Moody’s Downgrade Will Impact the Luxury Industry in China
Find out why Moody's recent downgrade of China's sovereign credit ratings may not have an immediate impact on the country's luxury industry. Read More
