However, I've still learned cool stuff, and I inevitably incorporate my newfound knowledge into something I'm working on whether it is a trend presentation, brand strategy, a retail competitive merchandising analysis, or even new designs.
I think Douglas Adams said it best "
|Lane Crawford Trend Board|
November 19,2010 by Stylites
The legendary Paris department store [Gallery LaFayette], already a favorite of Chinese tourists, will be arriving in Beijing by 2014. They are teaming up with HK retailer I.T. It seems they’ve been thinking about this since 2007. I wonder if the major American department stores like Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman, Barney’s, etc. would do well here....
...Currently, the only department stores of their type are the Swank and Lane Crawford, both from Hong Kong...
...Most of them should be planning their market entry since this is the moment to be chasing the RMB of the bling Beijingers [北京人] described here.... >>Continue Reading
New Members Flock to China's Bling-Bling Club
November 19, 2010 by Michael Jones for Mail & Guardian Online
|Sheraton Beijing Dongcheng Hotel|
The Beijing Auto Exhibition...turned into an orgy of opulence with at least 40 luxury cars being sold for an estimated R150-million.
Starwood Hotels & Resorts [NYSE: HOT] , the owners of five-star brands Sheraton and Westin, recently held its biannual top 100 global leadership conference in Beijing, the first time outside of the United States in its corporate history....Why? Because China is already its second largest market after the US. Its existing portfolio of 62 four- and five-star hotels in China will expand to a whopping 148 in the next five years.
With local property prices having exploded over the past five years -- high-end apartments are going for $10 000 a square metre -- and new government regulation in place to curb speculation,....>>Continue Reading
China Now Starwood's Second Largest Hotel Market
|Le Royal Meridian, Shanghai|
I love this hotel, I spent 3
weeks just in January 2010 here!
"...Van Paasschen ... “demand continues to outpace supply in China, ...consider that China has 171 cities with populations of more than one million, most of which do not yet have a major international branded hotel.
..in 1985, Starwood opened The Great Wall Sheraton Hotel in Beijing, which was the first international branded hotel in the People’s Republic of China.
....Starwood’s growth in China is illustrative of growth opportunities in other markets throughout Asia Pacific, Africa, the Middle East and Latin America. “Many predict that more than 70% of the world’s growth over the next decade will come from emerging markets, which is consistent with Starwood’s skew towards development in these markets.... >>Continue Reading