Jing Daily’s China Luxury Brief: January 13, 2014

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 industry news from January 13, 2014.


Today’s stories: 

Low-Key Looks Catch Eye Of Chinese New Year Shoppers

Chinese models Liu Wen (L) and Sui He (R) on the runway at Rag & Bone's Fall 2013 show.

“With the continuing crackdown on corruption and the resulting reduction in luxury sales growth on the mainland, the luxury industry within China will undoubtedly not see the extravagance that Chinese New Year once brought, with lavish banquets featuring showy gifts of logoed watches and handbags.”

[Jing Daily]

How Google Helps Asia’s Largest Airline Target Outbound Chinese Travelers

China Southern Airlines hopes to make Guangzhou a hub for outbound tourists. (Flickr/Luccio.errera)

“Google China relocated from the mainland to Hong Kong in 2010 after hacking attacks and much government censorship, but it has secured a new foothold in China of a different sort by striking a technology deal with the largest airline in Asia, China Southern Airlines.”

[Jing Daily]

What we’re reading: 

China Military To Stop Buying Foreign-Branded Cars, Xinhua Says


“China’s military will stop buying foreign-branded vehicles as part of a campaign to promote frugality and reduce waste, the Xinhua News Agency reported.”


Chinese Shoppers Abroad To Boost Ferragamo’s 2014 Sales


“Travelling Chinese shoppers snapping up leather goods will drive sales growth in 2014 at luxury group Salvatore Ferragamo, its chief executive said on Sunday, before it showed a menswear collection aimed at promoting its Italian heritage.”


Infiniti Says It Expects To Repeat Last Year’s 50% China Growth

landing_end“’We expect to see continuous growth from our business in China,’ Johan de Nysschen, president of Infiniti, said in Beijing on Jan. 11. ‘I would not at all be surprised to see if the current 50 percent annual growth may well be repeated during 2014.’”


BMW Expects Low Double-Digit China Sales Growth In 2014

The BMW 5 series from the BMW Brilliance joint venture, which was recently recalled.

“BMW expects 2014 China sales growth in the ‘low double-digits’ after posting 20% last year, it said on Monday. China has overtaken the U.S. as the German luxury car maker’s largest market.”


Which U.S. Coffee Chain Could China’s Goubuli Be Looking To Buy?

Starbucks“Zhang Yansen, chairman of closely held Chinese bun maker Goubuli, has been in the Chinese press this week saying he is in the final stages of negotiations to acquire a well-known American coffee chain, without disclosing the name. He gave some hints though: It has hundreds of shops in 40 countries spanning the U.S., Europe and Asia.”

[China Real Time]

Luxury Cars Drive UK Exports To China

Wunderman Shanghai's "Evoque My Style" campaign for the Range Rover Evoque. (Wunderman Shanghai)

“British exports to China are rising at a blistering pace and are poised to overtake those of France for the first time in the modern era, driven by sales of Range Rovers and other luxury cars to the country’s new rich.”


Australian Open: Venus Out, Li Na Through

LiNaTennis“China’s Li Na breezed through the opening round of the Australian Open on Monday, taking just over one hour to defeat Ana Konjuh of Croatia 6-2, 6-0.”

[Scene Asia]

‘Titanic’ Replica To Be Showpiece Of China Theme Park

titanic“The Chinese version of ‘the unsinkable ship,’ with a price tag of 1 billion yuan (RM500mil) and an expected opening date in 2016, will be built at least 1,500km from the nearest ocean in the central province of Sichuan.”

[The Star Online]