Luxury in India and China
Dorothy Michaels checks the news about luxury goods in India and China for you and reports on the best articles she finds because....you don't have time.
Wednesday, May 24, 2006
Competition skyrockets in crowded Indian airline industry - Asahi Shimbun
|Competition skyrockets in crowded Indian airline industry|
... is bolstered by Indias remarkable economic growth, which has been as high as 6 to 8 percent in recent years. Air travel is no longer an impossible luxury for ...
Fast moving goods again - Hindu Business Line
Hindu Business Line
|Fast moving goods again|
Hindu Business Line,'India'-
... A couple of years ago people chose to buy consumer durables, luxury goods and ... consumer goods, not only in urban areas but more so in rural India,' the analyst ...
Financial Times to Host FT Business of Luxury Summit in Las Vegas (SYS-CON Media)
Financial Times to Host FT Business of Luxury Summit in Las Vegas (SYS-CON Media): "The Financial Times said today it will host its second annual FT Business of Luxury Summit from June 5-6 at the Ritz- Carlton Resort in Las Vegas. The meeting will mark the first U.S. gathering under the FT's planned series of annual conferences focused on the fast- growing $186 billion global luxury goods market. Last year, some 400 executives, investors, and securities and retail analysts"
On global catwalks, a new face that's hot-Asian (People's Daily)
On global catwalks, a new face that's hot-Asian (People's Daily): "Former Miss China Du Juan has proved her appeal in her native Shanghai. But how well does her charm translate to the catwalks of New York?"
Rich in China face growing challenges (Northwest Herald)
Rich in China face growing challenges (Northwest Herald): "It is not easy to be rich in a communist country. Chen Tianqiao earned his first billion dollars at age 30, after his Shanda Interactive Entertainment Ltd. went public on the Nasdaq Stock Market and its shares quadrupled within seven months."
Sunday, May 21, 2006
Get peek at global fashion trends - Fort Wayne Journal Gazette
|Get peek at global fashion trends|
Fort Wayne Journal Gazette,'IN'-
... s Bazaar, a company called Authenta has developed software that allows luxury handbags ‘to ... The newest shopping trend in China is for groups of women to band ...
A fake story with real moral value (The Star Online)
A fake story with real moral value (The Star Online): "BEIJING: As he held a photograph of a red Ferrari two weeks ago, EU Commissioner for Justice, Freedom and Security Franco Frattini screamed: ‘Look at this car. Of this model, Ferrari has produced only six cars. This is the seventh one, produced in China.’"
The book on business: Book sheds light on the business of 'knockoffs' (Pittsburgh Post-Gazette)
The book on business: Book sheds light on the business of 'knockoffs' (Pittsburgh Post-Gazette): "Maybe your budget doesn't allow for purchases of Hermes silk scarves, Louis Vuitton handbags or Rolex watches. But that doesn't mean that you wouldn't welcome the chance to own these luxury goods if you could afford them."
Saturday, May 20, 2006
Consumer affluence lifts China retailers (International Herald Tribune)
Consumer affluence lifts China retailers (International Herald Tribune): "China's retail sales rose at the fastest pace in more than a year in April, according to government figures released Monday, as rising incomes left consumers with more money to spend on electronics, jewelry and clothing."
Next Wave of Camera-Wielding Tourists Is From China (New York Times)
Next Wave of Camera-Wielding Tourists Is From China (New York Times): "For the first time in history, large numbers of Chinese are leaving their country as tourists, resulting in an unparalleled explosion in Chinese travel."
Luxury brands LVMH, Chanel to dress up India (Express India)
Luxury brands LVMH, Chanel to dress up India (Express India): "LVMH of France, Lladro Commercial of Spain, a leading retailer in porcelain figures and Chanel SA, the French owner of high-end perfumes and accessories have sought the government nod to set up joint ventures in India in retail trade."
Monday, May 15, 2006
Louis Vuitton to open 3 new stores in China - China Daily
|Louis Vuitton to open 3 new stores in China|
The worlds leading luxury brand, Louis Vuitton Malletier, will open three new stores in China this year, company officials said in Beijing recently. ...
Global luxury brand to expand business in China
Global luxury brand to expand business in China
Audi denies split from parent in China - Xinhua
Thursday, May 11, 2006
China's economic growth rosier than forecast (The Philadelphia Inquirer)
China's economic growth rosier than forecast (The Philadelphia Inquirer): "China's sizzling economy will grow 9.5 percent this year, the World Bank said in a forecast released yesterday, up from its earlier figure of 9.2 percent."
FORTUNE: Why there are no Wal-Marts in India (Fortune via Yahoo! Finance)
FORTUNE: Why there are no Wal-Marts in India (Fortune via Yahoo! Finance): "Walk into the Big Bazaar store in Inderlok, a lower-middle-class neighborhood in Delhi, and you can see the business opportunity as clearly as you can see the merchandise. Electronic equipment is displayed alongside women's panties, bags of rice are spilling out of packing cases, tennis balls are piled next to handbags."
Wednesday, May 10, 2006
Wynn Macau launches Dedicated Reservation Hotlines - ASIATravelTips.com
|Wynn Macau launches Dedicated Reservation Hotlines|
... that we are now accepting reservations for our first Resort Hotel in Macau, China. ... to position Wynn Macau as the market leader in the luxury segment consistent ...
Steve Wynn Honored by Time Magazines TIME 100 Issue
Shangri-Las will spring up here and there - Daily News & Analysis
|Shangri-Las will spring up here and there|
... Two more properties — a resort and a business luxury hotel - will throw open their ... The group had entered India with a management contract for Kanishka, the ...
CNL Hotels sells two Wyndham properties
Monday, May 08, 2006
Aqua Restaurant Group in Hong Kong to launch Luxury Chinese Junk - ASIATravelTips.com
|Aqua Restaurant Group in Hong Kong to launch Luxury Chinese Junk|
... luna was first conceived out of the Aqua Group’s fierce commitment to Hong Kong at a time when many in the restaurant business were heading north into China. ...
New hotel in city - Shanghai Daily
|New hotel in city|
... This is part of their expansion plans in China. ... This will be the second luxury brand hotel of Ritz-Carlton, the first one is Portman Ritz-Carlton, Shanghai ...
The Ritz-Carlton Shanghai, Pudong Set to Open Early 2010, Located ...