The China Luxury Briefing is a weekly newsletter from The Luxury Conversation. You’ll receive a weekly bulletin of latest China luxury news across different sectors. Below you’ll find a monthly roundup including updates from each of the weekly briefings during the month. To ensure you’re receiving all of the latest China luxury updates, make sure to sign up for the weekly newsletter here.
FASHION
Tang Wei becomes LOEWE’s global brand ambassador
LOEWE announced Tang Wei (汤唯) as its global brand ambassador. Tang is a actress who became famous in Ang Lee’s movie Lust, Caution in 2007 and has more than 48.4k followers on Instagram.
Tory Burch’s T Monogram pop-up store opens in Shanghai
Tory Burch launched its T Monogram pop-up at Grand Gateway Shanghai in late September. The pop-up showcases the T Monogram and Fall 2022 Ready-to-Wear collections. The brand’s spokespeople Liu Wen (刘雯) and Meng Jia (孟佳) attended the launch event.
Bottega Veneta launches a pop-up store in Chengdu
Bottega Veneta launched a pop-up store at the Sino-Ocean Taikoo Li Chengdu shopping precinct in mid-October. The pop-up focuses on the brand’s 2022 Winter Collection.
Nanushka officially enters into China
Nanushka, the Hungarian high-end fashion brand, opened its first Asian store at Shanghai’s iAPM Mall. It has also launched a Tmall online flagship store.
BEAUTY
USHOPAL acquires luxury skincare brand ARgENTUM apothecary
UK-based skincare brand ARgENTUM apothecary has been acquired by leading Chinese beauty brand group USHOPAL. Last November, ARgENTUM apothecary received a financing round from USHOPAL and fully entrusted the brand’s Asian operations to it. With the help of USHOPAL, the brand is aiming to become a top-three Gen Z luxury beauty brand in China within 12 months.
Shiseido Group launches “The Beautiful Future Garden” sustainability focused campaign
Shiseido China has launched the group’s first sustainability-focused digital campaign “The Beautiful Future Garden.” Seven brands from the group, including Shiseido, Anessa, and Baum, participated in the gamified campaign educating consumers to change behaviours in their day-to-day lives.
Estée Lauder Companies launches Breast Cancer Campaign
Estée Lauder Companies launched a series of activities to celebrate its 30-year commitment to its Breast Cancer Campaign, including pink charity buses, breast cancer research reports and so on. In collaboration with the China Women’s Development Foundation, its unveiled the “Breast Health Care” project to raise awareness around breast health.
HOSPITALITY
Banyan Tree Group launches new hotel brand HOMM in China
Banyan Tree Group has launched its new hotel brand HOMM in China. HOMM’s first hotel in China, Huzhou Xisai Shan HOMM Hotel, opened in the historical city of Huzhou.
Yao Tong becomes IHG One Rewards’ brand ambassador
IHG One Rewards has announced Tong Yao (童瑶) as its new brand ambassador. Tong, an actress, has over 9.3 million Weibo followers. IHG One Rewards also launched a sustainability focused initiative with Ant Group also attended by Tong.
Niccolo Hotels to enter resorts
Niccolo Hotels, the luxury hotel brand of the Wharf Hotels, featuring contemporary chic style is to launch resort hotels. The first resort is expected to open in Nanyan Bay, Wanning city, Hainan province.
RETAIL
The world’s largest single duty-free store to open in Haikou
Haikou International Duty Free City is to open in Haikou on 28 October. At 926,000 square meters it will become the world’s largest single duty-free shop once completed. Over 800 brands, including famous luxury brands such as Balenciaga, Prada, and Cartier have already signed up to a retail presence in the space.
JEWELRY & WATCH
Van Cleef & Arpels’ “The Art of Movement” exhibition in Chengdu
Van Cleef & Arpels held “The Art of Movement” exhibition at Chengdu’s MC House in early October. Over 80 pieces, presenting one of the four themes – Human Odyssey, Living Nature, Elegance and Abstract Movements – were shown.
Cartier’s “BEAUTÉS DU MONDE” jewellery exhibition in Shanghai
Cartier held its “Beautés Du Monde” jewellery exhibition at No.1 Waitanyuan in Shanghai. Over 400 pieces of jewellery were presented across “World Wildlife”, “Mineral World”, and “Cultural World”. Timepieces and other precious creations were also shown at the exhibition.
CORPORATE
National Day holiday sales signal recovery in Shanghai retail
Consumption in Shanghai grew significantly over the seven-day National Day holiday. The city’s total online spending between 30 September and 6 October totalled RMB 25.48 billion (USD 3.58 billion), an increase of 2.9% year on year, according to the Shanghai Consumer Market Big Data Laboratory. Offline spending during the same period reached RMB 40.77 billion with catering, auto, and home appliances all posting robust growth.
China’s biggest annual shopping event Double 11 kicks off, country’s retail sales accelerated growth
China’s biggest annual shopping festival, on November 11, kicked off its presales on October 20. Backed by the large-scale shopping spree, domestic demand is expected to further rebound in the fourth quarter, especially with the consumption upgrading according to analysts.
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