Posts Tagged japan
China Tops US As Bordeaux’s Top Export Market Outside Of Europe
Amid one of the worst years for the Bourdeaux wine industry in recent history, which saw American and British buyers discouraged by the global financial crisis and a strong euro, in 2009 China surpassed the United States to become the region’s largest export market outside of Europe by volume.
Read Full Story »Luxury “Created In China” May Come Sooner Than You Think
With China surpassing the United States last year to become the world’s second-largest luxury market, Chinese luxury consumers have become industry darlings. However, it’s no longer just the top European luxury brands who have their sights set on these buyers.
Read Full Story »Sotheby’s Contemporary Asian Art Auction: Top 10 Lots To Watch
In preparation for the wide-ranging Contemporary Asian Art auction on April 5, which includes pieces by top Chinese artists like Ai Weiwei, Zeng Fanzhi and Cai Guo-Qiang, here are Jing Daily’s “Top 10 Lots To Watch.”
Read Full Story »Rupert Hoogewerf: Wealthy Chinese Are Country’s “New Nobility”
Everyone seems to agree that wealthy individuals in China are “mad for luxury,” and that they’re spending millions per year on it, but what exactly are they buying?
Read Full Story »Chinese Luxury Shoppers Outspend Japanese 2-To-1 At South Korean Malls
After a year in which the number (and profligacy) of Chinese tourists increased at Korean luxury malls, travelers from mainland China now account for twice as many sales per capita as Japanese tourists.
Read Full Story »10 For â10: Expert Opinions On The Year Ahead (Part 2 of 2)
In Part Two of “10 for 10,” we include a bonus six experts sharing their predictions for the Year of the Tiger.
Read Full Story »China “Saves The Day” For Struggling Luxury Industry
This week, the Boston Consulting Group released the results of their survey of over 2,500 Chinese consumers, projecting that China should overtake Japan to become the world’s largest luxury market within five to seven years.
Read Full Story »Shiseido Experiments With “Affordable Luxury” In China
The Japanese cosmetic company joins a growing list of luxury brands taking a two-tiered, exclusive/accessible approach to tap into China’s smaller cities and inland regions.
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