Search results for: “art market”
-
Chez Dior: Dior launches its biggest boutique in Taiwan, the fifth largest Asian market.
Dior’s newest boutique in Taipei In Taipei, but unmistakably chez Dior Tower 101 in Taipei (Taiwan) is the location of the biggest Dior boutique ever. Taiwan is the fifth largest Asian market after Japan, China, South Korea and Hong Kong. Dior chose the Taipei 101, of the most recognizable towers in the world with a…
-
French organic vineyards: “For us, it’s not marketing, it’s our philosophy”
Chateau Guiraud 2011 awarded the official biological farming (AB) logo French organic vineyards doubled between 2007 and 2010 and then increased again 28 percent between 2009 and 2010 to reach 50,268 hectares (124,214 acres). These vineyards were run by 3,945 producers, up by 30 percent between 2009 and 2010, who made some 322 million euros…
-
Neiman Marcus invests $28 million in Chinese e-commerce luxury market
Top U.S. luxury retailer enters Asian e-commerce market in partnership with Glamour Sales Holding (HK) Top U.S. Luxury Retailer Neiman Marcus Group announced a non-controlling strategic investment in Glamour Sales Holding (HK), a privately held e-commerce company. This will be the company’s first move into the fast-growing luxury retail market in China. “We are taking…
-
Booming luxury markets helped Hermes to report record profits
Hermes luxury handbags and silk scarves were sold in 2011 like hotcakes. Hermes reported a record year in 2011 with a 40.9-percent rise in net profit which helped push up its shares 3.01 percent in early trading, informs AFP. Hermes reported record sales, and a net result of 594.3 million euros ($787 million). The luxury…
-
Watchmakers to design intricate watch movements for the neglected female market
Converting women to grandes complications $21 billion Swiss watchmaking industry intends to transform the neglected female market into a lucrative customer base. From a market mostly dominated by simple quartz watches under $1,100, Swiss watchmakers at the Baselworld fair said they were now taking pains to design new collections of mechanical watches for women, especially…
-
Top 10 Artists by auction revenue
Top 10 Artists: Zhang Daqian, Qi Baishi, Andy Warhol, Pablo Picasso, Xu Beihong, Wu Guanzhong, Fu Baoshi, Gerhard Richter, Francis Bacon, Li Keran Having emerged as the world’s strongest art marketplace last year, it comes as no surprise to find China’s two leading artists now holding the top two places in Artprice’s global ranking of artists by auction revenue.…