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:#
A look from Gieves & Hawkes, which is owned by Hong Kong company Trinity. (Women's Wear Daily)
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BUSINESS AND FINANCE —#
Christie's goes through digital renovation.#
Will e-commerce strategies embraced by Christie's, Sotheby's, and China Guardian catch on with Chinese collectors? (China Daily )
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FASHION —#
Trinity profits drop in first half.#
The Hong Kong owner of Gieves & Hawkes and Cerruti "reported a 43 percent drop in first-half net profit." (WWD )
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LIFESTYLE —#
Say goodbye to the giant Chinese tour bus.#
Chinese tourists are becoming increasingly independent. (FT )
Ascott Limited to manage three more properties in China.#
Hefei, Chongqing, and Xiamen locations to open in coming years. (Property Report )
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TECH —#
China market share plunges for iPad.#
Maybe Apple can make them in gold to fix the problem. (Bloomberg )