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Maximum Rolls Royce sold in China
The tag of being the world’s second largest luxury market on China has been justified as it is the same country in which maximum amount of Rolls Royce is being sold. It is an attempt to satiate the country’s hunger to reign as the supreme power. China is being officially announced as the country that has bought the most Roll Royce in 2011. This move has toppled U.S. from its number one position for the first time. We all know the fact that Rolls-Royce is renowned for building luxury cars for the rich and famous. The leading auto brand has already announced the Year of Dragon Rolls Roycemodel. This latest shift as asserted that China is in top gear to outshine as the country that strives on everything that is the most expensive and luxurious. Though official numbers are not yet out, it is reported that as of June of 2011, Asia Pacific led the world in Rolls sales growth. While sales in North American grew 40%, sales in Asia/Pac grew 170%.
ShanghaiMart, the Exhibition Platform
China also holds the distinction of being the fastest growing luxury market. All the global brands are focusing on China in order to maximize their share of the market. To facilitate this increasing business activity Shanghai Mart has positioned itself as a trade platform that connects the world’s vendors with local buyers. Their orientation is on textile and fabric, gifts and fashion accessories.
Shanghai Mart has very impressive conference and exhibition facilities and tailor-made event planning services. It has the potential of becoming a fashion industry centre. It is one of Asia’s largest permanent international trade marts in Shanghai’s Changning District. Eight Japanese fashion brands are lined up for showcasing their shoes, clothes, bags and jeans designs to the Chinese market during the next three months. It is all a part of the “Tokyo Eye’ campaign to help the Japanese vendors connect with the Chinese luxury fashion trade.
The Mart provides a total of 30,000 square meters of conference and exhibition area. It could be a trade seminar with 20 participants or a trade fair with 20,000 visitors, the Mart handles it equally well. The venue caters for three key industries “” apparel and textiles, gifts and home decor, and building materials.
First International Luxury Club in China
China is the main contributor of growth for the luxury brands. Hence all important global brands are focusing on China to further boost their sales. The authorities in China are also doing their bit to facilitate the growth and make it easier for the global companies to access the markets in China.
The first international luxury club was officially set up recently in Tianjin. It is a port city in northern China which is growing in importance rapidly for business in diverse sectors. The authorities are hoping that this initiative will further enhance the high end business environment of the city. Beijing of course is on way to developing as a fashion centre with increased activity being witnessed by fashion houses from across the world.
Tianjin is working towards growing in importance on the map of the luxury market. The new club is an important and decisive step in that direction. The club will hold its first special sale from Jan. 23 to Jan. 28, and more than 100 top-class international brands, including Cartier and Dior, will debut on the occasion.
The Luxury Wedding & Gift Fair 2011 in Moscow
The Luxury Wedding & Gift Fair 2011 in February will bring together in one place Couture, Jewels, Beauty, Gifts, Venues, and Flowers. In a never before event in Russia, it is an opportunity for consumers from Russia and Russian speaking neighboring countries, business elite, future couples, representatives of the luxury market.
Prestige events have created a special Franco Russian team that specializes in careful and magical organization of ceremonies and parties. Prestige Events have launched their first online VIP magazine dedicated to weddings and celebrations. www.svadbaprestige.ru is a reliable source of information, ideas and advice on trends related to weddings.
The venue of the event is a hotel located on the footsteps of Red Square, Moscow. The vibrant wedding event will have bridal wear, grooms wear, dresses, beauty preparation, accessories, jewelry, cakes, florists, honeymoon, car hire and practically everything you might need for a wedding except for the couple themselves.
Dunhill London Unveils Artistic Web and iPad App
The next thing that would strike anyone after coming across Dunhill is extreme luxury. This time around, the company has launched the Day 8, which is an online platform and interface which will showcase some amazing and inspiring content that the web has to offer.
The entire world of images, articles and films seen through the eyes of Dunhill constitute the brand name. As part of the launch of this unique online interface, they also have unveiled a behind the scenes short movie of the Dunhill “Homes’. It has been illustrated by Chris Dent. The drawings are included in a short movie, which is rather inspiring.
The four Homes of Alfred Dunhill, in London, Hong Kong, Shanghai & Tokyo can also be seen all thanks to the vivid illustrations and drawings used by Chris Dent. Perhaps, the new app and web interface will soon be the place to be seen if you are a budding artist who caters to the luxury market.
Neiman Marcus Inc. CEO, Burt Tansky Planning Retirement
One of the popular names in the luxury industry, Burt Tanksy, who is currently serving in the capacity as that of CEO of Neiman Marcus Inc., is now planning to retire from the corporate world after 49 years of a glorious career path. Mr. Tansky, now age 72, has been associated with Neiman Marcus; a Dallas based Luxury Company for the last 21 years of his career.
Burt Tansky’s reign as the CEO of Neiman Marcus propelled him to the status of a Legend and he became incredibly famous and a well respected authority in the luxury market. However, the few years of his term at Neiman, turned out to be quite difficult for the 72 year old CEO, as he gave his best to keep the company from biting the dust during one of the worst global recessions of the modern times. This economic downturn witnessed a great slump in the luxury market and even led to a net loss of $1 billion for Neiman Marcus. The retirement of Mr. Tansky from the post of CEO will commence on October 6th, 2010 and the position will be given over to Karen Katz.
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