China News Brief
    July 16, 2013

    Baidu's foray into the mobile market, a reported luxury exodus from the Bund, and Inter Parfums' new license deal are among today's top stories.

    Welcome to Jing Daily‘s China Luxury Brief: the day’s top news on the business of luxury and culture in China, all in one place. Check out today’s stories below:


    Baidu makes major app store acquisition. "#

    Baidu Inc., owner of China’s largest search engine, agreed to buy app store 91 Wireless for $1.9 billion in its biggest announced acquisition to gain a greater share of the mobile user market," reports Bloomberg .

    Tech In Asia#

    features an insightful "Open Letter to WeChat"#

    by Jeremy Webb of Ogilvy Public Relations, which outlines the ways in which WeChat can continue to serve as an instrumental marketing tool  for brands in China.

    Beauty & Health

    Dove adjusts its "Real Beauty" ad campaign for China.#

    BrandChannel discusses how Dove is tailoring its popular U.S. campaign for China , contrasting it with the decidedly different decision by other brands to market on POCO's "Beauty Camera" app.

    Inter Parfums inks fragrance license deal with Shanghai Tang.#

    Inter Parfums’ new Hong Kong subsidiary, Inter Parfums USA Hong Kong Limited, signed a 12-year exclusive worldwide license agreement to "create, produce and distribute fragrances and related products under China’s leading luxury brand, Shanghai Tang," says the Moodie Report .


    Many luxury brands are leaving the Bund.#

    "Over the past two years, the once luxury hub of Shanghai, if not all of China, the historical buildings along the Bund area have been losing a galaxy of brands, including Patek Phillipe, Giorgio Armani and Dolce & Gabbana," reports China Daily .

    Beijing Capital Airport issues new retail space.#

    The new area is available in the departures hall airside domestic zones in Terminal 2 .


    MoMA curator Doryun Chong named chief curator of Hong Kong's M+ museum.#

    The museum is slated for completion in 2017 , and has already held several high-profile mobile exhibitions.

    Real Estate

    Real estate sales at a halt in Ordos. "#

    Apartment sales have come to a virtual halt in the central district , real-estate agent Zhang Wei says."