Jing Daily's China Luxury Brief: December 23, 2013

    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.
    Jing Daily

    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 December 23, 2013.#

    1. Menswear, Yachts, And Brooklyn Real Estate: The Top 5 China Luxury M&A Deals Of 2013#

    "With a depth of heritage luxury brands, moderate valuations and lower regulatory hurdles, Europe continues to lead with the largest acquisition activity. However, as the luxury sector continues to consolidate and desirable targets narrow, we will continue witnessing a shift toward American deal flow."

    [Jing Daily]

    2. Apple Signs iPhone Deal With China Mobile#

    "Apple has been looking to boost its sales in China, the world's largest smartphone market, but has struggled amid growing competition from rivals."


    3. Police Search For Chinese Billionaire And French Winemaker Killed In Helicopter Crash#

    "Hong Kong-based Mr Lam and his wife were chief executive and president respectively of Brilliant Group, which originally specialised in rare teas and luxury hotels in China. Their purchase of the chateau was the biggest Chinese investment to date in Bordeaux wine, reflecting a growing taste for luxury vintages in newly-affluent China that has pushed wine prices to record levels."


    4. $8.2 Million Chinese Scroll Accused Of Being Fake#

    "A[n] ancient Chinese scroll, which went under the hammer for $8.2 million at an art auction in New York, has become the focus of an intense debate between the auction house that sold it, the wealthy collector who bought it, and a trio of museum experts who have denounced it as a fake."

    [China Real Time]

    5. 5 Predictions For Outbound Chinese Tourists In 2014#


    "Just as dealers of flashy SUVs that have attained blockbuster status in China are struggling to keep pace with assertive and dynamic customers, purveyors of products in all luxury segments around the world saw massive market disruptions in 2013, under indefatigable pressure from Chinese consumers."

    [Jing Daily]

    6. Battle Of The Christmas Decorations For Hong Kong Malls#

    "From two-storey-high polar bears to giant Disney characters, the southern Chinese city is awash with increasingly elaborate displays as luxury outlets bid to outdo each other and get wealthy mainlanders through the door."



    Kremlin Copy Pops Up In Rural Beijing District

    "China has long been known for reverse engineering the great architecture of Western civilization, from the miniature Eiffel Tower in a Hangzhou housing compound to the English-themed “Thames Town” in Shanghai. Now a local government outside Beijing has built itself an office complex apparently inspired by the Kremlin, home of Russia’s rulers since the days of the tsars."

    [China Real Time]


    French Hairstylist D'agostino Finds Upmarket Niche In Guangzhou#

    "Before moving to China, French hairdresser Mario Bruno D'agostino served European royalty, celebrities, and many of the wealthy and elite, with film star Sophie Marceau and Queen Maxima of the Netherlands among his clients."


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