Welcome to Jing Daily‘s Weekend Sound Bites: a rundown of what industry influencers were saying about the week’s top stories on the business of luxury and culture in China.#
The newly opened Shang Xia boutique in Beijing. (Timothy Coghlan/Maosuit)
—FRIDAY, 10/4 —#
“They prefer Shang Xia over Hermes, realizing the potential of their own creatives, and are ready to invest in local products.”
-Gilles Auguste, author and consultant of Luxury Talent Management, regarding the recent shift among younger Chinese toward approval of hybrid "created-in-China" brands like Hermès-owned Shang Xia. (Global Sources)
—THURSDAY, 10/3 —#
“Champagne is always at home with delicate seafood dishes and with crisp, deep-fried foods. Therefore, it goes well with dim sums because they’re a mixture of flavours and textures – some delicate and steamed (usually seafood), some more robust or fried (like pork buns).”
-Zach Yu, wine expert at Hong Kong’s Ming Court restaurant, on the most scrumptious wine pairings for Chinese cuisine. (The Drinks Business)
—WEDNESDAY, 10/2 —#
“It was a huge decision for me, but I felt the old job could not help me achieve my self-actualization goals.”
-Hazel Wang, a 26-year-old Shanghai resident, representing the new attitudes of China's millennials. A growing segment of the workforce, many Chinese companies are now making attempts to overhaul the workplace to suit the demands of this new generation of young Chinese professionals. (China Real Time)
— TUESDAY, 10/1 —#
“Both sides think they know the other side so well, but in fact, it is mostly based on false assumptions from what they see on soap operas.”
-Hsieh Chun-yi, the film director behind Apolitical Romance, a Taiwanese romantic comedy that pokes fun at China-Taiwan relations. (China Real Time)
— MONDAY, 9/30 —#
“It is clear that Asian customers are younger, savvier and the future face of luxury spending – companies realise that they need leaders who understand them inside out. And executives just don’t have that knowledge without time on the ground.”
-Floriane de Saint Pierre, fashion industry executive "headhunter," on the need for Chinese nationals at higher level positions in order to be truly in touch with the evolving luxury desires of the mainland. (FT)