China News Brief
    August 06, 2013

    Givenchy's new Shanghai flagship, high-end coconut wine, and migrant workers taking over the top of a luxury mall are among today's top stories.
    Givenchy's new store in Shanghai's IAPM mall. (Givenchy)

    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:#

    Givenchy's new store in Shanghai's IAPM mall. (Givenchy)


    Hunan luxury mall becomes migrant workers' abode.#

    "Twenty-five luxury villas built on top of a Chinese shopping mall have become migrant workers’ residences after authorities declared them illegal." (AFP )

    CULTURE —#

    The world's second tallest building had to be superlative at something.#

    The elevators at Shanghai Tower will be the fastest in the world, traveling at 40 mph. (Shanghaiist )

    FASHION —#

    Givenchy has a new flagship store in Shanghai.#

    The location "in the new IAPM luxury mall is the largest and offers the latest ready-to-wear collections for men and women along with luxury bags and accessories." (Fashion United )


    New Emirates private jet service sees China as major market.#

    The company is looking not only to the Middle East and Europe, "but also in the rapidly growing Chinese, Indian and Russian markets." (The Age )

    Are Chinese tourists actually the new "ugly Americans"?#

    China Daily thinks not. (China Daily )

    China's 10 best-selling wines online are almost all French,#

    with a few Italian labels. (The Drinks Business )

    The next big drink in China: coconut wine?#

    "Vacal Vino de Coco is the brainchild of Filipino-American George Vacal Paraliza, and claims to be the first premium coconut wine, known locally as 'tuba', to be made in the Philippines." (The Drinks Business )

    TECH —#

    WeChat is now the fifth most-used smartphone app in the world#

    , beating out Twitter. (Shanghaiist )