Jing Daily’s China Luxury Brief

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 13, 2013. 

Lincoln: coming soon to China's showrooms.

Lincoln: coming soon to China’s showrooms.

— BUSINESS & FINANCE —

Fosun’s success tied to diversified growth. The future Club Med owner looks abroad for big profits. (China Daily)

— FILM —

Chinese film and internet video companies sue Baidu in anti-piracy push. They’ve finally figured out that China’s ubiquitous DVD shops are no longer the top choice for accessing pirated movies. (The Hollywood Reporter)

China Image Film Festival kicks off in London. Londoners have the opportunity to watch 20 new Chinese films, which can be hard to come by outside China if they don’t have a foreign distributor. (Xinhua)

— CULTURE —

Zhejiang man gives lover 8.88m yuan in cash as engagement present. Conspicuous displays of wealth clearly aren’t dead yet. (SCMP)

China Guardian hosts 20th anniversary retrospective. The major Chinese auction house is hosting an exhibition at the National Museum of China to celebrate two decades in business (and a booming Chinese auction market). (ArtInfo)

— FASHION —

Cashmere specialist Cucinelli’s Greater China sales rise 16.7 percent. Europe growth was also boosted by Chinese tourists shopping abroad, if you even had to wonder. (Reuters)

— LIFESTYLE —

Enter the hipster: China’s street style evolves. China’s youth are trendier than ever. (China Real Time)

Will Shanghai luxury rides rival those from the United States? “Lincoln, best known for cushy, plus-size vehicles, is expected to unveil on Wednesday a new small sport-utility vehicle called the MKC. It will go on sale starting next year in largely identical versions for in the U.S. and China.” (WSJ)

BMW 4 Series arrives on China market. The luxury auto brand continues its efforts to catch up to Audi. (China Car Times)

Five must-see designs at 100 Percent Design Shanghai. More than 250 brands will showcase their wares this Thursday. (ArtInfo)

China poised for in-car infotainment boom. Chinese luxury car owners are learning there’s no point to a sweet ride without a booming sound system. (The Malay Online)

Lexus reveals spindly CT 200h facelift ahead of Chinese debut. The model will be officially unveiled at the Guangzhou Motor Show. (Auto Blog)

— TECH —

Five ways to make luxury e-commerce work in China. The market certainly has challenges, but there are steps brands can take to improve their chances of success. (Jing Daily)

This week in digital luxury marketing. See what Cadillac, Shu Uemura, Hublot, and more are up to on Weibo and WeChat this week. (Jing Daily)

China’s Vipshop a “portfolio buy” right now. The company posted triple-digit sales and double-digit earnings yesterday. (InvestorPlace)

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