Market study: Ritz Carlton in China
Ritz-Carlton is under the administration of Ritz-Carlton Hotel Company, and it has now over 38,000 employees and over 70 hotel properties. As the world’s first class luxury hotel brand, Ritz Carlton has always promoted its history of tradition ever since it was founded in the 19th century. Due to its association with nobility and luxury, it […]
Market research: Burberry and Coach
Despite the global recession, Chinese consumers’ willingness to purchase luxury goods remains intact. Even when facing the threat of the 2008 financial crisis and its after effects, the demand for luxury goods in the Chinese market is still growing. Over the past few years, many international luxury brands sensed this opportunity for expansion and entered the […]
Market study: Agnès B in China
Agnès B. opened her first shop on Rue du Jour in Paris in 1975. Since then, she has designed clothing for men, women, and children that reflects the spirit of the age by creating a timeless wardrobe that can easily adapt to every personality. Today, Agnès B. continues to design each collection that bears her name, […]
Fashion week in China
CHINA is on the rise, not only economically but also in the fashion world too. 1.China Fashion week China Fashion week is held March 25th -31st for A/W collection and October 25th-31st for S/S collection every year. Shows include high fashion, ready-to-wear, accessories, make-up and styles etc. Each show last up to 30 minutes. China […]
The Bao fa hu in China
How have the Chinese super-rich become super-rich? The Bao Fa Hu is the very large and powerful group of overnight millionaires or billionaires who have little “cultural worth,” . Bao Fa means “explosively rich” and Hu means “group.” Western countries call them “new money”. According to the statistics, the population of Bao fa hu […]
Luxury Brands In China: Luxury Watch and Private Jet
Luxury Brands In China: Luxury Watch and Private Jet For more analysis about luxury brands in China, click here. On June 30 2012, the 159-year-old Swiss famous brand—Tissot held an “inherit classic ·years of accumulation”listing conference in Harbin. Authoritative data shows that in 2010 , the annual consumption of luxury watches was 22.5 billion yuan, accounted […]