Red Luxury

In China, Contemporary Art is Chic

Red Luxury H — Fri, 03 Feb 2012 20:23:34 +0000

It’s a good time to be doing business in China – particularly if your business is art. While the financial crisis may be inhibiting creativity throughout the rest of the world, China is a place where young, contemporary artists can thrive. China is now home to almost half of the world’s 100 top-earning contemporary artists. Chen [...]

Urban Men Drive China’s Fashion Market

Red Luxury H — Thu, 02 Feb 2012 19:58:20 +0000

Seventy-six percent and rising: that’s how many Chinese urban males bought clothing in 2010, with 24 percent regarding clothes as “important purchases”, according to Chinese market researchers CTR. The trend continues as global consultants Frost & Sullivan predict that sales will hit 539.9 billion yuan ($81.7 million) by 2013, with an annual growth of 15.8 [...]

Understanding China’s Big Spenders

Red Luxury H — Wed, 01 Feb 2012 19:03:00 +0000

Why are China’s big spenders so difficult to figure out? In China, the only thing that may be more important than being rich is looking rich. There are two Chinas and the Chinese – particularly the middle class riding between them both – have developed a sense of urgency to distinguish themselves from the [...]

Lamborghini SUV Debut At Beijing Auto Show Rumored

Red Luxury H — Tue, 31 Jan 2012 20:54:20 +0000

The auto world is agog with whispered rumors sparked by Lamborghini. All portents indicate that the luxury motor company has a new concept version of a Lamborghini SUV and will be sending it into production, and which will ultimately be debuted in Beijing’s Auto Show in April. Lamborghini’s chief, Stephan Winkelmann, says a four-door model would [...]

Spring Festival Reveals China’s Travel Preferences

Red Luxury H — Mon, 30 Jan 2012 17:58:09 +0000

Now that China’s week-long Spring Festival holiday has wrapped up, analysts are gleeful to discover travel– both domestic and foreign – are on the up and up. We are seeing some travel trends emerging during this holiday with more Chinese travelers wanting slower-paced leisure holidays that they can savor rather than the hustle and bustle shopping [...]

Aston Martin Opens Shanghai Flagship, More Showrooms For 2012

Red Luxury — Fri, 27 Jan 2012 20:14:29 +0000

Aston Martin continues to invest in China growth. The company is making significant investment with the opening of its largest flagship showroom located in Shanghai’s Pudong district. The showroom has space for nearly 18 Aston Martins and includes a lounge, café, fully equipped service center, Aston Martin sales area and merchandise display and more. The new showroom [...]

Making Chinese Tea Posh in Paris

Red Luxury H — Thu, 26 Jan 2012 21:43:08 +0000

“Right now everyone is talking about the rise of China. In my opinion, Chinese tea should be the symbol of that rise, much as Louis Vuitton bags and Porsche or Ferrari sports cars are,” said Lin Rongxi, deputy general manager of Eight Horses Tea Co Ltd. The company, along with four other tea producers from [...]

Ferragamo to Enter 7-8 New Cities, Remains Confident in China

Red Luxury H — Wed, 25 Jan 2012 16:44:58 +0000

China’s economic growth is poised to weaken to 8.5 percent this year from about 9.2 percent in 2011, according to the median estimate of economists in a Bloomberg News survey. In the fourth quarter of last year there appeared to be a “gradual softening in consumption” in China’s luxury industry, Bain [...]

Luxury Banks on The Dragon

Red Luxury H — Tue, 24 Jan 2012 15:39:35 +0000

The Year of the Dragon roared into China on Monday. To celebrate the Chinese New Year, luxury companies the world over have created exclusive pieces that can be considered nothing short of art. Western luxury goods makers, ranging from watches and handbags to cars and mobile phones, are hoping the auspicious Dragon will bring [...]

Happy Year of the Dragon

Red Luxury — Sat, 21 Jan 2012 21:21:34 +0000

Wishing You A Happy and Prosperous New Year Red Luxury