The French luxury goods conglomerate Kering scored a major PR-success by returning two bronze statues, looted by foreign troops from the Beijing Summer Palace in 1860, to China, business analyst Shaun Rein tells in the Washington Post. The bronze heads of a rat and rabbit were given to China’s National Museum in Beijing.Read More →
The world’s most successful luxury tycoons can be found in Paris, like Bernard Arnault of LVMH and Liliane Bettencourt of L’Oreal. Most of the luxury goods market is funded by Chinese shoppers, tells Hurun China rich list founder Rupert Hoogewerf in the People’s Daily.Read More →
Getting in favor of China’s rich is easier for some brands than others. Retail analyst Paul French explains in Business Week why the plan to make champagne a hit, like cognac is already, might not work in the Middle Kingdom.Read More →
The UK might be lagging when it comes to attracting average Chinese tourists, the country is certainly successful in attracting the wealthy section of the Chinese. Key driver were the Olympics, estimates Hurun rich list founder Rupert Hoogewerf in the Telegraph.Read More →
Bag-seller Gucci bought a majority share in Chinese jeweler Queelin to enter a new segment of the luxury market. A smart move, says business analyst Ben Cavender in Business Week, as jewelry might be the next big thing for Chinese consumers.Read More →
Are you still planning to buy overpriced military JSF fighters and other equipment in the US? Perhaps you should have a look first in China, writes Military analyst Wendell Minnick, who attended the Zhuhai ninth biennial Airshow China, in Defense News.Read More →
Getting things right for China’s ultra rich is becoming an art in itself. Hurun rich list founder Rupert Hoogewerf tells on the website Elite Traveler a few of the secrets on this most lucrative market – if you get things right.Read More →
Australia is one of the favorite destinations for 40 percent of the Chinese tourists, even beating France and the US. Retail analyst Paul French of Access Asia explains in InsideRetailing why.Read More →
Australia scores high among China’s rich, not only as travel destination, but also as place to live, notes China Rich List founder Rupert Hoogewerf in The Sydney Morning Herald, after the release of a new report.Read More →
France is the top destination of luxury traveler, followed by the US and Australia. The Maldives, Switzerland and Dubai are the fastest growing, tells Rupert Hoogewerf, founder of the rich list in the Shanghai Daily.Read More →