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. Look below for the top stories for November 8, 2013.#
— BUSINESS & FINANCE —#
Why "role model" marketing works for luxury in China.#
Recent social media marketing campaigns have been eschewing celebrity brand ambassadors in favor of creative professionals sharing their success stories. (Jing Daily)
Luxury tax likely to be discussed at third party plenum.#
The government has been discussing it for years and hasn't gone through with it yet, as tariffs already make prices quite high. (Reuters)
Hong Kong's status threatened by poor customer service, survey says.#
Ruder Finn's recent China Luxury Forecast said that mainland tourists have a lot to complain about when it comes to luxury shopping service in Hong Kong. (SCMP)
— FILM —#
Hong Kong offers key gateway to China.#
According to industry experts at a recent American Film Market panel, filmmakers spend too much time trying to get past the mainland quota and not enough looking to Hong Kong as a way to tap the China film market. (The Hollywood Reporter)
Skiptrace chases China co-production crossover dream.#
The action comedy featuring Jackie Chan, Fan Bingbing, and Seann William Scott hopes to win big in both U.S. and China markets. (Variety)
U.S. and China film markets reach unprecedented level of cooperation.#
China's high-profile presence at the American Film Market is only set to grow in the future. (The Hollywood Reporter)
— FASHION —#
Hermès sees strong China growth.#
The company's co-CEO said the brand continues to do “exceptionally well” in China as it reported revenues. (WWD)
Richemont rules out disposal of businesses as growth picks up.#
The company said a slump in Swiss watch exports to China is reversing. (Business Day)
— LIFESTYLE —#
Club Med sees surge in Chinese visitors as it awaits Fosun takeover.#
The iconic French resort is expanding rapidly in China, but its takeover by a Chinese resort conglomerate has been delayed. (Jing Daily)
China remains biggest market for Jaguar Land Rover, and is expected to "widen the lead."#
Expanding sales caused Tata Motors to beat earnings estimates. (Bloomberg)
Shanghai firm to develop upmarket Chinese resort in New Zealand.#
"The resort is set on more than 1,000 hectares looking over the Pacific Ocean and includes a vineyard and a 18-hole golf course as well as the main resort lodge and associated villas." (Xinhua)
What China likes best about Scotland.#
Scotch and salmon are two big draws. (CNBC)
Californian wines: China's latest crush?#
Wealthy Chinese are hunting for both vintages and vineyards. (CNN Money)
Chinese travelers take to the high sea.#
The country's cruise industry is growing rapidly. (The Malay Online)
China Auto Logistics to have its third-quarter conference call.#
The top seller of imported luxury vehicles will discuss its Q3 sales on November 15. (MarketWatch)