Japanese Luxury Cosmetic Brand Launching New “DQ” Line Throughout Mainland To Reach Emerging Urban Areas The DQ line will range in price from 160-360 RMB ($23-$53). Image courtesy Shiseido Over the past few years, the luxury market in China has fragmented in interesting ways, with companies of all sizes trying new ways to transform China’s expanding…
Week In Review: March 1-5
Jing Daily’s Top Posts For The Week In case you missed them the first time around, here are some of Jing Daily’s top posts for the week of March 1-5: Wang Jin – "Knocking at the Door" (1995) New Art Funds Diversifying As Market Confidence Increases; Increasing Percentage Of Chinese, Asian Artists Apple Apple’s China…
Hong Huang: “As Long As The Chinese Have Spending Power, They’ll Be Interested in Domestic Designers”
Hong’s Beijing Boutique, Brand New China, Opened In August 2010 Hong Huang's boutique, Brand New China (BNC) at Sanlitun Village in Beijing (Image: City Weekend) This summer, Jing Daily covered the opening of Brand New China (BNC), a boutique at Beijing’s Sanlitun Village founded by Hong Huang (洪晃), a popular media figure, publisher and blogger….
Store Openings: Yohji Yamamoto Looks East As Alexander Wang Sets To Open In New York
Yohji Yamamoto’s Y-3 Opens in Beijing, and Alexander Wang to Open First Flagship in Old Yohji Yamamoto Space The fifth free-standing Y-3 location opened last Friday in Beijing Yohji Yamamoto’s financial problems are not new, as he filed for bankruptcy and abruptly closed his flagship store on Grand Street in New York a little over…
Beijing’s Little-Known, Tradition-Infused High Fashion
Celebrities, Wealthy Beijingers Flock To Designer Zhang Binqiao’s Boutique At 15 Guanghua Road Designer Zhang Binqiao Jing Daily has previously looked at the growing interest (or “re-interest”) in traditional Chinese clothing in China, noting that clubs based around dressing in ancient Han Dynasty style (Hanfu) have popped up in a few cities and home-grown fashion…
When (And How) Will China Create A World-Class Brand?
Chinese Upstarts “Don’t Realize It Takes Years To Create A Luxury Brand,” Says Christian Blanckaert High-end, Hermes-sponsored Shang Xia's first boutique, at Hong Kong Plaza in Shanghai Although international luxury brands are plagued with challenges in mainland China, from uneven consumer education and poor buyer loyalty to 0ften low profit margins, the sheer size and…
Will Prada Go Through With Hong Kong IPO?
Rumors Began Circulating Earlier This Year Prada's potential Hong Kong IPO could be a game-changer Once again, rumors are flying that Prada may be considering an IPO in Hong Kong rather than its home base of Milan, attracted by the prospect of a higher price in the red-hot Asian consumer market. We heard similar rumblings…
Burberry Buys Out Chinese Trading Partner, Aims At Unifying Brand
British Brand Ends 20-Year Partnership With Kwok Hang Holdings Burberry hopes to have over 100 franchises in China within the next five years The Guardian reports today that Burberry has bought out its Chinese trading partner, Kwok Hang Holdings, for £70 million (US$107.65 million) as part of the brand’s restructuring efforts. According to the article,…
Lane Crawford To Open 3 New Mainland China Locations By 2014
HK-Based Department Store Recently Hosted Phillip Lim Event In Beijing High-end department stores like Lane Crawford are thriving in cities like Beijing This week, the Hong Kong-based retailer Lane Crawford announced plans to open three new locations in mainland China by the end of 2014. According to new Lane Crawford head Andrew Keith, the company…
Will Chinese Luxury Shoppers Embrace The “Logo-Less” Trend?
New Collections By Louis Vuitton, Gucci, Chanel Eschew Conspicuous Logos For More Understated Look Will Chinese shoppers still shell out for a "logo-less" LV bag? (Image: LVMH) This week, Britain’s Telegraph reported on the recent luxury industry trend towards subtler, “antibling” collections that minimize conspicuous logos in favor of more low-key designs. According to the…