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A brand of their own

With the mainland now a force in buying luxury goods, they're now eager to develop elite brands that they can be proud of, writes Tiffany Ap

Reading Time:6 minutes
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Stephen Sun, owner of luxury Chinese brand Shanghai Woo.

China's most famous NBA player, Yao Ming, was benched because of a foot injury, cutting jokes filled the internet. Why did Yao's foot break? Because he was made in China.

While the "made in China" label may have conjured up cheap, use-once-and-throw-away products four years ago, as the middle and upper classes emerge on the mainland, so is the market for 100 per cent Chinese-made HK$2,800 shirts, 15,000-yuan (HK$18,900) tea sets and 30,000-yuan silk scarves. The image of originating on the mainland is no longer inextricably intertwined with images of a dirty factory. In fact, there are those who say the "made in China" tag is turning into a boon.

The forerunners of Chinese luxury apparel brands - brands such as Qeelin, Shanghai Woo and Pye - are formulating their own ideas about what modern Chinese luxury should look like. Their footprint has gathered momentum domestically and now is beginning to creep overseas, too, raising the possibility that they could eventually develop into global powerhouses such as Hermes and Prada.

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After all, the Chinese are becoming a tremendous force for luxury consumption, and are developing a taste as sophisticated as any luxury consumers worldwide. China was responsible for 47 per cent of global luxury spending last year, according to Fortune Character China, a media group that covers this sector. The US$102 billion spent on luxury items breaks down into US$28 billion domestically and US$74 billion overseas.

Hong Kong actress Cherie Chung wears a Qeelin Wulu couture necklace during a Qeelin event in Beijing in 2012.
Hong Kong actress Cherie Chung wears a Qeelin Wulu couture necklace during a Qeelin event in Beijing in 2012.
"An obvious choice is luxury," said Sarah Reiter, an international brand consultant who most recently worked at FutureBrand. "Right now, China is the No3 consumer of luxury goods. In 2015, it will be No1. The question is, will the Chinese consumer be consuming Chinese luxury goods or Western luxury goods? ... Right now in goods like food, beauty and luxury, that dollar is going offshore.
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"I've watched inferior products be marketed well at the cost of great domestic products that don't satisfy any of the cues."

A walk down Hong Kong's most famous shopping avenue, Canton Road, proves Reiter's point. It's a parade of Western brands such as Dior, Bottega Veneta, Céline, Louis Vuitton and Balenciaga. Not a single Chinese name to be found.

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