Category Archives: luxury

China´s rich travel further – Rupert Hoogewerf

The Antarctic and the Maldives are just two of the travel destinations preferred by China´s rich, who increasingly book their own trips. Those are just a few of the conclusions of the Hurun Chinese Luxury Traveler 2015, a 40-page report on the travel trends of the Chinese luxury high net worth individual, Hurun founder Rupert Hoogewerf tells Mice News.

Luxury bag sets record price – Wei Gu

Some luxury brands have been slashing prices to keep their Chinese customers. But as a fuchsia Hermès Birkin bad with diamonds sets a record price in Hong Kong, WSJ wealth editor Wei Gu wonders in Marketwatch whether luxury goods are really in the doldrums.

Chinese do not see Apple as a luxury watch maker – Tom Doctoroff

Apple expects to make a blast with its watches, just as it did with iPhone and iPads. But success in the China market is not that obvious, says marketing expert Tom Doctoroff in Bloomberg. They will have to prove themselves, he says.

Apple watch: a winner among luxury buyers – Rupert Hoogewerf

Apple´s watch got a lackluster welcome worldwide, but luxury industry watchers in China expect the new device will make a blast in the China market. China Rich List founder Rupert Hoogewerf explains in the International Business Times why the watch is so attractive.

Why the Apple watch will be a hit in China – Shaun Rein

Apple´s latest iPhone has been a huge success in China, after the company had more problems entering the China market earlier. But the Apple Watch is going to be a success, expects business analyst Shaun Rein, according to Bloomberg.

The new generation of Chinese art collectors – Wei Gu

WSJ wealth editor Wei Gu gives into the lives of a new generation young art collectors in China, with deep pockets, no fear to start in the high numbers, and focusing on global art, not only Chinese art. In some cases the offspring of first generation art collectors, they influence also the taste of their parents.

Why Paris is the best shopping city for Chinese – Rupert Hoogewerf

Many cities try to lure massive spending Chinese tourists, but Paris is year after year the winner, also when it comes to what they spend per capita. China Rich List founder Rupert Hoogewerf explains the magic of France´s capital in the Jakarta Post, and the challenges for competitors.

Luxury sales only drop slightly, despite anti-corruption drive – Rupert Hoogewerf

China state media framed the last week´s Hurun Report on the luxury industry a success for the anti-corruption struggle of president Xi Jinping. But the rich cut back their spending only marginally, and Hurun founder Rupert Hoogewerf calls 2014 even a “banner year”.

The upward mobility of Chinese wealth – Tom Doctoroff

Branding expert Tom Doctoroff explains how luxury shopping is expanding in China. Wealth is branded, unlike in the past. Most millionaires in China are self-made, and they are learning how to behave, he tells in GQ.

In two years, China has more billionaires than the US – Rupert Hoogewerf

The number of dollar billionaires in China will be larger than those in the US in two years time, estimates China Rich List founder Rupert Hoogewerf in GQ. Why China is the growth market of the future