The Sinocism newsletter is compiled by Bill Bishop, and republished here with permission.
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On October 1st of 2012 the Chinese government implemented a ban on using public funds to purchase luxury goods. That sort of begs the question of why public funds would be used to purchase luxury goods in the first place. In many other parts of...
In the latest sign of fickleness in the formerly faithful Chinese luxury shopper, exports of Swiss watches to key Asian markets fell sharply in September.
China's voracious appetite for luxury goods is starting to wane, and companies like Chow Tai Fook Jewellery Group and Burberry are seeing slower sales there.
NEW YORK, June 28, 2012 (GLOBE NEWSWIRE) -- Omni Ventures, Inc. (OTCQB:OMVE), a leader in consumer brands and owner of PRVCY Couture, Inc., is pleased to announce that the PRVCY Couture brand will be entering the Chinese Luxury Market, an emerging
A fight between government departments over China's luxury tax could benefit luxury brands, leading to the creation of zones where the taxes are lowered.
Hong Kong's stock exchange is preparing for the listing of a major Chinese luxury goods brand, in a sign that large IPOs are returning after a period of market uncertainty.
Kleiner Perkins China (KPCB China) and private equity firm Warburg Pincus have put $100 million in Chinese online retailer Xiu.com. The company just raised $20 million from Kleiner earlier this year.
Xiu.com was founded in March 2008, and offers...
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