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  • September 17, 2014
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  1. Comment - Insight & Opinion

    Has luxury peaked in mainland China?

    Posted May 21st 2013, 03:35pm by Jonathan Edwards

    ... to the consulting company Bain, the market for luxury goods in China grew by 233 per cent between 2007 and last year. This astonishing rate of growth couldn’t last forever, but apart from this natural ... luxury goods came into effect in October of last year and resulted in luxury sales slowing in the December quarter. Traditionally, officials often bought luxury goods, such as watches and bags, ...

  2. Business - Comment - LAI SEE

    Luxury crackdown brings fear of flying first class in China

    Posted Aug 29th 2014, 01:11am by Howard Winn

    ... recently. Song said he had no objections but felt pay should be under review by the board of directors and be linked to company performance. This may not be such a good thing for him at this stage ...

  3. News - China - CHINA

    Luxury brands still reaping big rewards in China

    Posted Feb 18th 2013, 04:31pm by Ernest Kao

    ... Ernest Kao The profit margins of global luxury goods retailers on the mainland are so substantial they are shocking, according to an industry insider. A report aired on CCTV on Sunday, ... luxury goods taxes. “The profits [luxury brands] are making in the China market will scare you to death!” said Lu Xiaoming, former head of luxury label Montblanc’s China operations. Many believe ...

  4. Business - Money

    Wealthy Chinese love French luxury goods

    Posted Mar 11th 2013, 07:32pm by Anna Healy Fenton

    ... Researcher Rupert Hoogewerf said, “This year, there is a clear trend towards gifting more modestly-priced top luxury goods.” Top 10 brand choices for wealthy Chinese men when giving presents are: 1. ... is no exception. The Hurun Research Institute’s Hurun Report Chinese Luxury Consumer Survey 2013 reveals the lifestyle and brand preferences of China's wealthy consumers, and is intended to uncover ...

  5. Comment - Insight & Opinion - A GOOD WEEK FOR ...

    A Good Week for..., July 13, 2014

    Posted Jul 13th 2014, 03:25am by STAFF

    ... British-made luxury cars. This is partially because of a rise in the number of billionaires- to 1,645, according to Forbes magazine. Rolls-Royce spokesman Andrew Ball noted that the luxury market ...

  6. News - China

    Chinese student in France sick of buying luxury goods for other people

    Posted Jan 22nd 2013, 02:07pm by Amy Li

    ... on China's social media, including Sina Weibo, China's popular twitter-like service. In a humorous tone, Li wrote about his side job of buying luxury goods for friends in China, and complained ... Li Yuandong, 23, remembers buying 10 Burberry scarfs, two Burberry handbags, two Louis Vuitton handbags and some luxury perfumes in one day in Paris without blinking an eye. “Then I blew ...

  7. Comment - Insight & Opinion

    The nature of surging sales in luxury goods

    Posted Oct 19th 2012, 12:00am by ANTOINE DANCHIN

    ... Antoine Danchin Antoine Danchin says nature provides clues to sector's robust growth despite global downturn Why surging luxury goods sales should turn heads Despite the global economic crisis, sales of luxury goods are surging worldwide. Why? While marketing has contributed to the rise, the market's robust growth is actually rooted in biology. Discussions about ...

  8. Comment - Insight & Opinion - A GOOD WEEK FOR ...

    A Good Week for..., September 14, 2014

    Posted Sep 14th 2014, 04:39am by STAFF

    ... Harvard University The American institution received a shot in the arm- a US$350 million donation from a foundation set up by Hang Lung Group chief Ronnie Chan Chi-chung and his brother, Gerald. The money will go to its school of public health, which will ...

  9. Business - Comment - LAI SEE

    SFC's civil action against Citic is a good first step

    Posted Sep 13th 2014, 04:47am by Howard Winn

    ... Howard Winn The decision by the Securities and Futures Commission to take action against Citic comes as a welcome surprise. It's welcome because this case has been hanging around for way too long, and it's a surprise as Lai See always believed t ...

  10. Business - China Business - MR. SHANGKONG

    Hotlines spring up for China VIPs to buy luxury goods amid anti-graft drive

    Posted Jul 22nd 2013, 12:00am by George Chen

    ... their best to avoid visiting the luxury goods shops in Tsim Sha Tsui when they travel to Hong Kong, for example. Instead, they call VIP hotlines and whatever they want can be delivered to their hotel ... services editor. Mr. Shangkong appears every Monday in the print version of the SCMP. Like it? Visit facebook.com/mrshangkong Shanghai VIPs don't dare enter luxury-goods shops now ...




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