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.
    Givenchy has expansion plans in store for China. (WWD)

    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 7, 2013.#

    Givenchy has expansion plans in store for China. (WWD)


    What luxury products will sell the most in China next year?#

    According to a new survey, beauty and apparel are the only categories Chinese consumers say they will spend more on in 2014. (Jing Daily)

    Bitcoins are becoming increasingly popular in China.#

    The anonymous digital currency would be great for those who want to be stealthy about luxury purchases. (Bloomberg)

    Chinese investors splash out on Australia's Gold Coast.#

    As with many locations across the world, real estate is being snapped up at a rapid rate. (Brisbane Times)

    Digital Luxury Group partners with The House Worldwide.#

    The creators of the World Luxury Index have teamed up with global communications network The House Worldwide to provide specialized digital luxury marketing advice. (PR Newswire)

    — CULTURE —#

    Romeo and Juliet#

    set during the Cultural Revolution hits Seoul.#

    And the play is, remarkably, a collaboration between the National Theater Company of Korea and the National Theatre of China. After South Korea, the show will be presented in Hong Kong. No word on the mainland, as the topic is probably too sensitive for censors. (China Real Time)

    — FILM —#

    China wants its movies to be big in the United States.#

    Executives expressed the wish at the U.S.-China Film Summit going on this week. (NYT)

    Li Bingbing takes the pulse of the China-Hollywood relationship.#

    The upcoming Transformers: Age of Extinction star spoke to a full crowd at the U.S.-China Film Summit about her views on the future of cooperation. (Asia Society)

    — FASHION —#

    Givenchy to continue expansion in China.#

    At present, China comprises 18 percent of the fashion house's revenue as it makes plans to increase profits from direct retail. (WWD)

    Abercrombie & Fitch focuses store expansion on China.#

    The company currently has seven stores in place, and plans for 11 by the end of the year. (WWD)

    Australian designers look to China for potential profits.#

    Although Australia isn't a huge player on the global fashion stage, its fashion industry hopes to make headway with its Asian neighbors. (BRW)

    Brand heritage is key for Dior in China.#

    The brand's Esprit Dior exhibition shows off its French history in Shanghai. (The Australian)

    — LIFESTYLE —#

    Macau casino operator Galaxy Entertainment profits rise on higher spending.#

    An improved rail connection, increased hotel supply, and new attractions are among some of the reasons more Chinese visitors are flocking to the global gambling center. (Bloomberg)

    Volvo CEO considers exporting "luxury" cars made in China.#

    It looks like Chinese owner Geely is still pushing ahead to make high-end Volvos for the China market despite its mid-range image abroad. (WSJ)

    — TECH —#

    Lenovo profit beats analyst estimates on smartphones and PCs.#

    The Beijing-based company saw a 36 percent rise in net income for the third quarter. (Bloomberg)

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