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Luxury in Asia

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The total revenue generated by in the travel and hospitality industry by tourists from China continues to grow in 2018. The United Nations World Tourism Organization (UNWTO) estimates that spending from Chinese tourists overseas now represents 21% of the global tourism spending. Interestingly, Chinese traveller spends on average more per person per trip than tourists from any other country in the world. source: Luxe Digital The impact of Chinese tourists on the luxury industry is thus remarkable. Hotels, restaurants and retailers all need to adjust their offering if they want to attract these new consumers. In a new report, Luxe Digital identifies four essential trends that are reshaping the luxury Chinese tourism abroad. Luxury brands and marketing leaders need to understand these new trends of they want to attract and engage with their Chinese consumers. Four critical trends shaping the Chinese tourism segment First, the profile of the Chinese traveller…

New World Development, a leader in property, retail and hotel development, last year announced its plans for Victoria Dockside, a $2.6 billion, 3 million square foot art and design district, on the promenade of Hong Kong’s Tsim Sha Tsui waterfront. Set to fully open in 2019, the mixed-use development will offer Grade A office space, an ultra-luxury Rosewood Hotel, Rosewood Residences, and premier art, design and leisure experiences with views of Victoria Harbor and Hong Kong Island. But in April, 2018, Victoria Dockside’s newest event, #MakeWaves, is set to begin. It will take place at the K11 ATELIER, a creative workspace in the new Victoria Dockside neighborhood, set to reinvigorate the area, and create a top destination for both Hong Kong residents and its 60 million annual visitors. K11 Atelier is the first office tower under the K11 brand, whose office space opened late last year. The luxury hotel and…

LUXBA Group, Hong Kong’s leading luxury fashion brand management and distribution house, recently announced a new collaboration with Italian luxury footwear label Sergio Rossi. The new partnership focuses on accelerating Sergio Rossi’s growth in the complex China market, while also strengthening LUXBA Group’s presence in the fashion industry. Luxury brands associated with LUXBA gain invaluable insights on how Chinese millennials and Gen Z’s consume, and what they desire in luxury brands. Founded by entrepreneur Adrian Cheng in 2007, LUXBA Group is an all-encompassing fashion, lifestyle, brand management, and distribution company based in Hong Kong and Shanghai. The new collaboration allows Sergio Rossi to leverage LUXBA Group’s unique expertise to penetrate the retail industry as it reaches the Chinese millennial and Gen Z audience. “I’m thrilled to be working with the Italian luxury brand Sergio Rossi and offering our sprawling network to further its growth in China,” said Adrian Cheng, founder…

If there has ever been a country defined by wealth and power, in both positive and challenging ways, it is Azerbaijan. Though independent now, the country has been occupied by multiple conquering hordes: those of Cyrus The Great, Alexander The Great, the Seljuks, the Mongols, the Persians, the Russians, the Ottomans and the Soviets. But since 1991, Azerbaijan is free, and exceptionally wealthy due to their vast oil and gas reserves. The country is on the western tip of the Caspian Sea, and is literally at the crossroads between Western Asia and Eastern Europe, as it borders Russia to the North; Georgia and Armenia to the West and Iran to the South. It is generally Muslim, also with deep roots in Zoroastrianism and Fire Temple worship. To Understand the Design, Understand The Baku Flame Towers History This précis of Azebaijani history is a necessary precedent to understanding the architectural design…

LOUIS XIII Le Salmanazar A landmark creation and decanter at the peak of art is unique in its mastery, size and stature, the creation called for over 20 master crystal-craftsmen to handle the over 15 kilos of crystal. With skills drawing from this elite body of artisans and their combined expertise worked together through the blaze of the furnace to the calm atelier, each aspect from the dentelles to the fleur-de-lys stopper, all molded by the master crystal artists, choreographed and executed with finesse. To accomplish this great challenge, that only masters could create, LOUIS XIII turned to Baccarat, creators of the first LOUIS XIII decanter. With only one in existence, who will be the one to own this rare and awe-inspiring masterpiece? “Innovation is written in the legacy renowned for rising to the greatest challenges and utmost heights. Today LOUIS XIII creates a decanter so rare there is only…

In this tech-dependent digital age, one of the biggest trends in the wellness industry is still technology. Some locations offering future focused treatments includes… Virtual Reality Facial above Barcelona’s skyline Spa technology has become increasingly sophisticated, this includes the 43 The Spa at Hotel Arts Barcelona who is offering a new dimension in beauty experience with its Mindful Touch facial at 43 The Spa. Complemented by an immersive virtual reality video inspired by the concept of mindfulness, guests are mesmerised in a state of thoughtful awareness that helps them clear their mind from everyday stress, and into a space of beauty and tranquillity. The Mindful Touch is an innovative and trailblazing venture within the spa sector, in which the results of the 360º experience combines Natura Bissé’s effective facial with virtual reality, mindfulness and the power of touch. With wrap around views of Barcelona city and the azure of the…

The entrepreneur and business innovator, Adrian Cheng has made a significant investment in Moda Operandi – the only online luxury fashion retailer to provide consumers access to collections straight from the runway. The injection of capital is led by Cheng through his two investment vehicles, K11 Investment and C Ventures. The latter is a new investment fund launched in October 2017 to build a global ecosystem of Millennial and Generation Z-focused brands and platforms. The investment in Moda Operandi plays into Cheng’s wider vision to unite culture-orientated brands into a powerful portfolio that connects the worlds of fashion, art, and creative media, to service the demands of next-generation consumers. Cheng’s investment comes at a time when the Chinese consumer market is transforming. The emergence of the BAT Generation (the millennial and Gen Z generations shaped by the three Chinese Internet and E-commerce giants, Baidu, Alibaba and Tencent) has created a…

Kaigai is a Tokyo-based wine auction house and wholesale distributor of rare and fine wines. The company was part of a larger organisation as a wine division since 1964 and became a stand-alone company to focus on the fine and rare wines since 1991. It is one of the leading wine auction house in Japan with an extensive track record as a wine distributor and auction house. The company holds auctions twice per year, once in the Spring and once in the Fall. Kaigai Fine Wine Asia will also be hosting a series of wine dinners and unique experiences for the discerning individual. Kaigai Fine Wine Asia was recently acquired by a consortium of Asia-based investors. The company will then be under the management of Tokyo-based Mr. Tetsutaro Muraki, who will serve as President and CEO, and Hong Kong / Singapore based Mr. Kevin Cheng, who will be managing the…

Adrian Cheng, the young Chinese cultural entrepreneur, melds East and West so well: he was born in China, completed his higher education at Harvard, is under 40 (born in 1979.) He is the grandson and designated heir of one of Hong Kong’s and China’s most influential business families, and is set to inherit a large part of the family empire that include the Chow Tai Fook jewellery chain and New World Development group, among others. The family’s controls companies with a total market value of $25 billion. But his interests and goals appear more extensive and diverse than just managing an empire that his forbears created. Hi interests involve the arts, creating a new, young, Chinese cultural identity, partially through the invention of the K11 Art Malls. These are curated platforms for young Chinese artists to display their work. The Art Malls are spaces for those viewers and visitors to see…

The various features of furniture sometimes have practical and straightforward names, words that are easily understood. If a chair has four curved ‘legs’, or ‘arms’ that are covered in upholstery, we know what that means. We can associate those words with features on objects in our own home and easily visualise what that chair may look like, without seeing it. However, many other terms used to describe the anatomy and physical characteristics of furniture and decorative objects do not relate to everyday words or aspects of the human form like legs and arms. Rather, they draw from Classical architecture, ancient art techniques, and languages such as Latin or French. It is these terms that define what is special about a particular object and help distinguish its individuality and fine craftsmanship. Allow the images below to aid you in connecting meanings to such names.  —– Asian Influence —– Chinoiserie The word…

As a country with a global reputation for cheaply manufactured goods, China is now making moves to shake off its ‘Made in China’ label and show the world its capacity for innovation, creativity and ingenuity. That said, China’s fashion industry is caught in a contradiction. China is one of the largest producers of fake luxury goods, while at the same time boasts the single largest market for luxury retail in the world. This contrast has become the perfect breeding ground for a multi-faceted and diverse shopping culture to arise. Repression of Expression | Understanding the Roots of Modern Chinese Fashion To understand where China’ s fashion industry is headed, it is crucial to first understand more about China’s past ‘fashion’ standards. Up until the early ‘90s, China had virtually no brands or self-expression to speak of. Due to high inflation and a weak economy, Chinese people were relatively poor, only spending money…

Land ownership is one of the most ancient proofs of wealth. However owning contemporary luxury real estate is not only an attribute of good living, but also a great investment tool and market indicator, which hints at global property trends and reveals economic and political outlooks. The UHNWIs (Ultra High Net Worth Individuals) wouldn’t spend dozens of millions of US dollars for property they don’t find promising, would they? Last year the top segment of growing luxury property markets was dominated by cities in China, New Zealand, Canada and Australia, while oil-dependent markets such as Moscow and Lagos were down at the bottom, according to Knight Frank’s fresh Prime International Residential Index (PIRI). The index ranks luxury property prices in 100 key locations worldwide. In 2016, the value of urban luxury property increased on average by 2.4% year-on-year, while beach or coastal property slipped marginally by 0.5%. Average prices on…

Travellers know hotels manufacture their own bath and beauty products, their own signature scents, and occasionally their own bathrobes, but a show-stopping, runway-worthy collection of apparel is something quite rare. The Sanchaya is about to cultivate that rare ground. The estate introduces The S’YA collection — 20 items ranging from silk yao boxy tops, retro single mesh singlets and silk cotton sleeveless shirts, to silk linen flair shorts, rib cotton brought trousers, and cotton twill skinny jeans. Natalya Pavchinskaya, the founder of The Sanchaya, a luxurious beachfront resort situated next to Singapore on Indonesia’s Bintan Island, said her debut apparel line marks a contemporary yet classic take on smart casual and sporty wear. “The Sanchaya wants to go home with you; not merely in your memory bank, but in your suitcase, too,” said Pavchinskaya. “I wanted to design a collection for true travellers at heart so they could recapture, in…

Monegasque yacht builder Dynamiq has joined forces with Studio F.A. Porsche to create an exclusive series of all-aluminium superyachts imbued with Porsche DNA. The world famous industrial and transport design studio, lead by Managing Director Roland Heiler (a Member of the Board at Porsche Design Group) has created both the exterior and interior styling of the entire range. The first 35-metre Dynamiq GTT 115 Hybrid is already under construction in Viareggio, Italy, while 100- and 85-foot models are in development and will be presented later this year. The Spirit of a Sportscar on the High Seas “Taking the spirit of high-performance sportscar styling to the high seas, the Dynamiq GTT 115 is designed to appeal to car lovers and forward-thinking yacht owners who appreciate the advantages of speed, style and our philosophy of intelligent performance,” says Roland Heiler. The sporty exterior design by Studio F.A. Porsche matches the yacht’s noteworthy…

Phillips in Association with Bacs & Russo is honoured to host a first-of-its-kind horological exhibition in Geneva that pays tribute to one of the most revered collectors’ watches of the late 20th and early 21st centuries: The automatic Rolex Cosmograph Daytona. Illustrating its historical importance, noted collector, authority and scholar Pucci Papaleo – widely recognized as “Mr. Daytona” – is producing a highly anticipated tome to be released in the Fall of 2017 titled “Daytona Perpetual”. Dedicated to some of the rarest and most beautiful examples of the model, and with photography by the eminent Italian watch photographer, Fabio Santinelli, images from “Daytona Perpetual” will be on display during the Phillips international travelling exhibition along with a selection of 30 important and exceptional automatic Rolex Daytona watches. A prototype of “Daytona Perpetual”, to be officially launched in November 2017, will be prominently displayed. The opening of the international exhibition will…