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UPDATE: Luxury Stores Are Reopening In France, With No Chinese Tourists In Sight
French luxury stores are reopening, but without their biggest spenders—Chinese shoppers. So, who can they turn to now? Read More
As Troubled Western Luxury Brands Cry ‘Blame China,’ We Look Deeper
Apple follows Tiffany & Co., LVMH, and Richemont as firms that since October have specifically invoked problems in China’s economy for their lower-than-expected results or growth forecasts. Read More
Could Alibaba Be the First Trillion-Dollar Company?
Citron Investing's Andrew Left, who is known as a Wall Street Bear, endorses Alibaba shares on the eve of its fourth-quarter earnings release. Read More
Report: Selection, Experience, and Economy Weigh on Chinese Luxury Consumer Choices
While price is an important factor for Chinese luxury consumers, several other key considerations have been driving their shopping choices in 2015. Read More
Priorities For Rich In Shanghai: Wealth Management, Art & Philanthropy
According to the recent "Shanghai Wealth Report 2012," published by the Hurun Report and Australia's Gao Fu Wealth Management, Shanghai, mainland China's financial center and a rising star on the global business scene, now has 370,000 residents worth at least 6 million yuan (US$949,710). Read More
Art News: Sunflower Seeds Hit New York, Art Outperforms Stocks, Chinese Art In Tokyo
A roundup of news from the Chinese art world, where domestic collectors are expected to continue flocking to art as an investment amid rising inflation and a shaky property market in 2012. Read More-
Chinese Investors Expected To Continue Fueling Art Market In 2012
Following up a banner year in which the country's art market exceeded 200 billion yuan (US$31.75 billion), continued diversification away from China's stock market and real estate sector is expected to fuel the market in 2012. Read More -
More Luxury Brands Rolling Dice With Hong Kong IPOs, But Who’ll Benefit Most?
Despite an IPO environment described by the BBC this summer as "faltering," nearly six months after debuts by the likes of Samsonite and Prada, it seems that high-end brands are still lining up to list on the Hong Kong stock exchange. Read More -
Shanghai Jahwa Group Restructures To Take On Foreign Cosmetics Giants
Recently, the Shanghai Jahwa Group, parent company of cosmetics maker Shanghai Jahwa United Co., announced plans to transfer a 9 percent stake, worth around 5 billion yuan (US$765 million), to the Shanghai Chengtou Corporation and the Shanghai Jiushi Corporation. Read More -
Will Prada Go Through With Hong Kong IPO?
Rumors are flying that Prada may be considering an IPO in Hong Kong rather than its home base of Milan, attracted by the prospect of a higher price in the red-hot Asian consumer market. Read More
