“Wanda’s acquisition of Sunseeker is strategic.” Although the private yachting market is in its early stages in China, this industry is growing rapidly. China’s consumption has been growing, with an exceptionally strong appetite in the luxury market. In 2012 China surpassed Japan as the world’s largest luxury market and by 2015 McKinsey & Co. predicts … Read more
Chanel’s Jersey claim rejected by the UK Intellectual Property Office Chanel‘s attempt to trademark its Jersey fragrancefailed after the UK Intellectual Property Office rejected the request following opposition from the government of Jersey (the largest of the Channel Islands, UK). The island’s Economic Development Department objected to the use of the single word “Jersey” as … Read more
Fake products harm the economy, as they damage legitimate business and starve innovation. Counterfeiting activities account for over €200 billion in losses for the world economy and it is estimated that such losses may climb further, according to European Commission‘s latest study “Too good to be true: the real price of fake products”, a report … Read more
China’s wealthiest women reflect the reality of China’s real estate market. The combined wealth of the top 15 wealthiest women in China exceeds US$30 billion, with real estate wealth dominating China’s female billionaires top compiled by Wealth-X. The wealthiest female billionaire in China, Huiyan Yang, vice chairman of Country Garden, is the youngest on the … Read more
Zaha Hadid’s compelling approach to architecture awarded with Veuve Clicquot Business Woman Award Regarded as the ‘Oscars’ of female entrepreneurs and business leaders, the Veuve Clicquot Business Woman Award, now in its 41st year, celebrates entrepreneurial women who have made a signi?cant contribution to business life in the UK. The Veuve Clicquot Business Woman Award … Read more
AutoChina Shanghai 2013 played host to the world debut of Rolls-Royce’s latest Bespoke Collection from the world’s pinnacle super-luxury marque. The Alpine Trial Centenary Collection celebrates an extraordinary moment in Rolls-Royce and automotive history. A century ago this June, four Rolls-Royce Silver Ghosts embarked on the Austrian Alpine Trials, the most arduous test of automotive … Read more