Week In Review: September 17-21, 2012

In case you missed them the first time around, here are some of Jing Daily’s top posts for the week of September 17-21: Sotheby's HK Contemporary Asian Art Auction (Oct. 7): Top Lots To Watch On October 7, Sotheby’s is set to hold its much-anticipated Contemporary Asian Art auction in Hong Kong, following up its successful Spring Auction series in Hong Kong, during which blue-chip Chinese contemporary art pushed totals for that segment to HK$211 million (US$27.2 million) — the second highest total for a various-owner sale of contemporary Asian art. With the attention of the global art auction world firmly on the Greater China market at the moment, observers are eager to see whether economic turbulence has dampened collector enthusiasm or if the fundamental motivations of this buyer class (hedging against inflation, amassing portable assets, diversifying away from cash, rising connoisseurship) remain intact. Ferragamo Partners With Xiu.Com To Launch Official China Online Store Following the likes of recent entrants like Zara and DSQUARED2 as well as “early adopters” like Armani into China’s crowded yet booming e-commerce market, it was announced this week that Salvatore Ferragamo will launch an official China online store with luxury e-tailer Xiu.com (走秀网) on October 11. In a major coup for the luxury e-commerce hopeful, Xiu’s partnership with Ferragamo will give it a much-needed credibility boost at a critical time, particularly against domestic rivals like Shangpin and Omei. (The latter of which recently announced a partnership with Macy’s.) The Three Rules Of Social Media Crisis Management There is one rule of thumb to consider when taking your brand on a journey into the world of social media: If you’re not able to dedicate a portion of your company’s resources (be it in-house staff or the money to outsource) on social media management, don’t even bother. Why? Because social media can ruin your brand much more quickly than it can help build it. Crisis management is the most critical pillar of a genuine social media strategy, and yet it remains the most overlooked by companies. As the founder of an online sales and marketing agency myself, I have been following three golden rules to maintain our reputation (and those of the brands that we promote) among consumers under any circumstances – that is, unless we really drop the ball! Artist Yi Zhou & Gripoix Launch Capsule Collection In London (Interview) Shanghai- and Paris-based Chinese multimedia artist Yi Zhou, who has been involved in projects like Phillip Lim’s “4 X 3.1″, Nicola Formichetti’s “Nicola’s” Pop-Up, Persol’s “8 Days of Persol” ad campaign, and Chanel’s “Little Black Jacket” exhibition, recently collaborated with French couture jewelry house Gripoix on their first capsule line. Famous for creating pieces for Chanel, Gripoix’s new 11-piece Yi Zhou ”Pineapple’s Secret” collaboration incorporates semi-precious metals and the intricate glass casting process pâte de verre to dramatic effect. Introducing The Flavors Of Greece To China: The Fat Olive This May, Shanghai-based Greek-Australian chef and restaurateur David Laris (previously on Jing Daily) opened the latest and largest location of his flagship restaurant, The Fat Olive, in the city’s Jinqiao neighborhood. Complete with an on-site bakery, main dining area, upstairs and downstairs terraces, a cocktail lounge, two bar areas, a games area and a retail space selling a selection of artisanal groceries, the roll-out has been among Laris’s most ambitious efforts to date.

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Week In Review: September 17-21, 2012