If you think China is still a developing country, this piece of news is going to surprise you. China has overtaken the US to become the world's second largest luxury market.
In 2008, China's super-rich...
China's first International luxury brand, Shanghai Tang has opened its Kowloon flagship store in the former Marine Police Headquarters, one of the oldest surviving government buildings in HongKong.
Fusing current design concepts with innovative Chinese-inspired...
Hurun Report, renowned for its annual China Rich List of tycoons, has recently hosted Shanghai’s Best Presidential Suites Awards.
The awards ceremony was held on 15 June, timed to coincide with the opening of...
Porsche said China may pass Germany as its second-biggest market within three years on rising wages and demand for new Panamera sports sedan.
Porsche unveiled the car at the Shanghai auto show in April, the...
China may become the world's biggest luxury market in some years but cultural challenges to win customers' hearts for certain types of products remain, industry executives said this week.
Champagne house Taittinger said it could...
China will overtake Italy as the second-biggest market behind the United States for iconic sportscar maker Lamborghini within three to five years, the group's chief executive said on Wednesday.
The Chinese associate luxury more with...
Hermes believes turbulence could hit the global luxury goods industry for the next two years and has put some expansion plans on hold, the French fashion and leather goods group said on Monday.
Watches and...
Gucci plans to open two to four more stores this year in China, after opening its 28th on Saturday, undeterred by uncertainty in the global economy as China is set to lead future luxury...
