China holds tax on luxury

  The Chinese government could do more expensive Ferraris and Prada shoes, but that's probably not stop to spend to buy.

Luxury goods are booming to an important place in the history of consumerism in China. And as part of the tax reform, the country plans this year, with the first luxury tax they could be taken, said Kong Jingyuan, a General in the Commission of Development and Reform. The guidelines for tax reform were published by the Central Government on Friday.

China Daily reported that the luxury goods such as expensive cars and boats are taxed higher.

China National Radio reported that a 20% surcharge on the sale of cars for 1.7 million yuan ($ 277,440) will be added and citing an unnamed source at the China Association of Automobile Manufacturers.

The market for luxury goods in China is surpassing the United States. As it is, it represents about 12% of global sales of luxury, according to a recent report from German bank. Everyone loves China luxury. The demand for premium products is growing, especially in the automotive market, where sales of luxury vehicles are overtaken more developed markets by McKinsey & Company. They expect China Luxury represent 20% of global sales of luxury in two short years.

Chinese consumers are buying frenzy.

According to a Nielsen survey released earlier this month, scored China's consumer confidence index of 108 points, the same as the value for the previous quarter, but 15 points ahead of the global average. A score above 100 points indicates optimism among consumers. The index of the will of consumption in China has recovered to a high level of the new quarter over the same period, the Nielsen survey said.

And then there's the conspicuous consumption. Whether you are on a yacht Ferretti or expensive handbags sales in China Luxury higher percentage than the general retail sales, which rose in April, an increase of about 12% compared to last year.

Luxury goods companies are making great efforts for VIP buyers from China

  What rich Chinese want now? Luxury goods companies are trying everything from auctions for practical advice on how to., The big spenders who have had their fill of shopping in glittering glitzy shopping malls to attract

The need to find an answer has more urgent as the competition heats a breather and sales in China.

This explains why China-based Chow Tai Fook Jewellery Group Ltd. 1929.HK -0.52% goes to great lengths to engage their best customers. The jeweler has over 1,800 outlets, mostly in the People's Republic of China and Hong Kong.

Last weekend, as the jeweler first 200 customers at the Ritz Carlton in Hong Kong for a rally that featured an auction of jewelry auction and dinner. Chow Tai Fook flew over 100 employees with personalities, mostly from the People's Republic of China which are deal.

It was not just high-profile clients. Everyone bought a piece of jewelry worth one million yuan ($ 163,000) or more. They were treated to a wine tasting, an investment speeches and what personal cosmetics. The goal was 15 pieces of jewelry that sell already gone on a six-city tour to generate interest.

At a dinner until almost midnight, the auctioneer Beijing Poly International Auction higher bids took persuaded by the mass of the models went from table to table to offer a close-up view. Chow Tai Fook has partly accepted $ 4,000,000 for his efforts, nearly a quarter higher than it was in 2012, because there are more pieces this year.

"VIP as auction," said Adrian Cheng, Executive Director of Chow Tai Fook. "Previously, customers liked to go to parties around the world. Now they want exclusive preview dinner. Previously, she wanted to visit museums. Now they want to make an artist.'s Experience that they want change."

The challenge for the company of luxury goods is to meet the changing needs of Chinese consumers. More sophisticated tastes, judging by the way people dressed in the event. (There are exceptions: A man wearing a simple t-shirt bought at the event a few pieces of several million yuan.)

This challenge is particularly acute for Chow Tai Fook. The shares have one-third of its value since its IPO in December 2011 lost amid a decline in same-store sales, in part because of the government crackdown on official gifts.

Part of the problem is that the fancy brands are everywhere in China. Gucci, a unit of PPR SA, PP.FR -2.19% has eight stores in Shanghai alone. This is in contrast a number of years, have to fight as a luxury retailer to find good sites.

"We asked for space." Said Francis Gouten of Gouten Consulting, former CEO of Richemont in Asia. The tables were turned on, and the real estate companies are pushing retailers to add more stores as the market is saturated. "Now pray developer brands to be there."

Such as shopping centers to become more mature, they must be new ideas, such as food, social media, and a system of customer relationship management, to allow customers to get involved.

La Maison du Chocolat said sales grow strongly in Hong Kong. Chinese tourists handmade by the texture of the chocolate and French luxury boxes are attracted, Florent Billioud said operations director for Greater China and Southeast Asia.

"You want a differentiated environment, a space that create all the time changes of," said Andrew Keith, president of Lane Crawford, the luxury department store in Hong Kong. "I do not think you can just open a shop and hope that people walk in."

To Harbour City shopping mall in Hong Kong, means putting in the now famous rubber duck of 54 feet, which inflated a sensation caused among Chinese tourists.

There are still some markets, such as the western Chinese cities, where people go to the store. But Beijing, which represents a quarter of the number of dignitaries and more than a quarter of the VIP sales Chow Tai Fook, wholesale exclusivity, including shows jewelery at home want, Mr. Cheng said.

Price and comfort are important. Even billionaires who can afford all sometimes ask, "Can I wear to work and then to a cocktail party Mr Cheng said Chinese are very practical people, and they want to justify their purchases?..

Brand exclusivity is another option. Givenchy offers exclusive products and chose his best discounts, said Sebastian Suhl, CEO.

Creating a unique experience is important for Chinese customers, but more importantly, it's always about the products. "It's back to basics, what they really want and deliver it to them," Cheng said. "It is easier said than done."

New York Fashion Week may be expelled from the Lincoln Center?

  It seems that we were not the only ones frustrated a little bit of the circus Fashion Week at Lincoln

Center.

Local residents and environmental groups filed a lawsuit against New York's Lincoln Center, they demand to

give fashion week and other commercial events, the beginning, the New York Times reports.

The lawsuit alleges that public access to Damrosch Park, Lincoln Center parking limited to a maximum of 10

months each year due to market events, starting with the fashion week in mid-August, when the Big Apple

Circus, the on-site place in mid-October and remained until January, and other fashion week in February. The

park is also rented out for private events and fundraisers. Residents were actually for every action they

take over and now they excited.

The prosecution alleged that $ 32 million from July 2010 license agreement the city of Lincoln Center is not

where it should be back in town, but Lincoln Center diverted.

"These actions are illegal alienation Damrosch Park, in violation of New York State Doctrine New Public

approval and other laws," said NYC Park Advocates, a watchdog group, non-profit, in a statement.

It will be the Fashion Week, which rose from Bryant Park to Lincoln Center in 2010, has to move again? Do

not be so sure.

"The city is waiting for the official notification of the action and look closely," said Kate O'Brien

Ahlers, a spokeswoman York Law Department. "The Fashion Week is an important part of cultural and economic

structure of the city, generating $ 865 million annually, while creating jobs related to fashion."

Signature Gucci loafers celebrates 60 years

  Since Y 1953 Gucci Moccasins Mors was first published, the shoe has been worn by generations of elegant

and famous men of Clark Gable Matt Damon, and has been in the Metropolitan Museum of Art permanent

collection was taken.

In honor of the 60th Anniversary shoes, Gucci has reissued his famous design for Y in 2013 to its wide range

of styles.

More than 45 different cover versions of patent leather crocodile and python and Sweden, and even decorated

with metal studs.

One thing that has not changed is the tubular structure of the shoe, which lacks an insole to the shoe its

foldable, lightweight feel.

Each pair of moccasins horsebit is still in Italy, where he learns 2.5 days handmade construction and is

printed with the year of the original 1953 design inside out.

Subhash Ghai ventures into Fashion with Neeta Lulla

  Subhash Ghai, filmmaker and designer Neeta Lulla teamed India a Fashion Institute. The Whistling Woods -

Neeta Lulla School of Fashion (WWNL) was launched last week.

Through the joint venture, Ghai said: "The fashion industry has become a multi-billion dollar in India with

the fashion business is rapidly gaining visibility and credibility of a profession that was once a niche is

now open to candidates from all. walks of life. Moreover, through the efforts of the Indian designers,

models, makeup artists and photographers, India began to take measures in the field of global fashion. "

Neeta said: "Thanks to our fashion school, we are to give students want an overview and understanding of the

industry in addition to the design, there are many other career options that students can explore -

Modeling, quality control, visual merchandising, marketing, illustration,. fashion design, fashion

photography and fashion journalism, as some of them. "

Mencyclopaedia: Gucci

  Gucci is a company hundreds-of-millions-one who likes to present itself as proven temple sexiness, danger - even sin. Next envy, jealousy, and rush in the sun, the scent of its recently launched Women and Cologne are appointed guilty for men and announced with a film of two actors dressed in leather, man, woman, astride motorcycles stabbing on a street with the Fire in an unlawful finding lined horizontally. On headily fragrant, velvety padded Gucci fashion show in Milan, the designer Frida Giannini is nine collections for both sexes, who are suspicious reliable, luxurious and lascivious: Men are as bohemian adventurer sew fur lined and fitted trousers demanding presents. Women warrior-queen makeup and accessories for their pure gold dresses and jackets-the-neck to navel with whips and heel engraved cocktail.

This Gucci thrill of 21 Century is a very effective selling point and perhaps a kind of replica unconscious - because a few decades ago, Gucci has been the epicenter of one of the wildest modern sagas fashion.

Gucci history began in 1921, when Guccio Gucci, son of a Tuscan hatter in his youth worked his way to London was as a driver and has worked in the kitchen at the Savoy before moving to Italy, opened a leather goods shop in Florence. Aldo (one of his four son) invented the famous double G logo and the family quickly gained a reputation for producing innovative chic luggage. Shortly before the outbreak of the Second World War, Gucci opened a second store in Rome, and after the war, as in the eternal city flooded barely scathed visitors, they took the Gucci bags as souvenirs home. The company has followed in 1952, opening the first of a network of U.S. stores that have found favor with Hollywood men (Clark Gable and John Wayne) and women (Grace Kelly and Audrey Hepburn). While women buy handbags and scarves, favored men's bags and key invention in 1953, a version of the penny loafer with gold buckle jaw. Despite the death of Guccio this year, and the seething simmering tensions between his heirs, Gucci has grown into a global totem for La Dolce Vita. Peter Sellers, Rod Stewart, Sidney Poitier, and Dustin Hoffman were all holders of idle and Samuel Beckett was wearing a unisex Gucci hobo handbag.

This family tensions, fueled by a growing wealth, eventually degenerated. Aldo was imprisoned after Paolo, his ambitious son, condemned the U.S. tax authorities and in 1995, a nephew of Aldo, Maurizio, was killed at the request of his ex-wife.

This year, Gucci became a public limited company under its family shareholders sold their latest editions. Under his ambitious young designer Tom Ford, Gucci's image has been reset by Grace Kelly modern bourgeois his sexed-up model. Processing and drawings by Ford were so successful, in order to acquire that they rejected the "battle of the handbags," in which one of the alpha male millionaires in the luxury industry in France, Francois Pinault has triggered another, Bernard Arnault, the company .

These days, the Gucci brand is sinful run a business diligently. Ford's successor, Giannini, a designer sent remorse led the company's expansion in emerging markets than 60 horse-bit buckle moccasin is so big now in Beijing, the hot in Hollywood as a further. Although these shoes are classic, masculine side of Gucci is very well expressed in his pockets. Where other manufacturers of luxury luggage often justify their prices by polishing their products a little too strong Giannini is not afraid to equip men is pleasantly rough around the edges.

Ascend Integrated Media Victory 3 International Hermes Creative Awards Contest

  Personalized content agency Ascend Integrated Media announces three prestigious awards from the Hermes Creative Awards, an international competition for the media, advertising agencies and marketing.

(PRWEB) 16 , 2013

Agency Ascend Integrated Media LLC personalized content is pleased to announce that it has won two gold medals and a Gold Award in the Hermes Creative Awards competition 2013. The Hermes Creative Awards is an international competition for the media and advertising agencies and marketing. It is sponsored by the Association of Marketing and Communications Professionals.

Hermes Creative Awards this year was one of the toughest competitions on record with nearly 5,000 entries from throughout the United States and many other countries. Ascend completed work on three of its customers and received recognition for all three.

According to the CEO of Ascend, Cam Bishop: "We were delighted to win also for the input of our customers, let alone three We are honored that our work in this prestigious competition recognized This is especially true since the four of us.. competition received trophies in the past year, giving us 7-7 in the last two years. "

Rhonda Wickham, vice president of content also noticed Ascend, "three Hermes Creative Awards this year, a total of Ascend Integrated Media Awards earned more than a dozen national and international creative competitions to 52 in just three years. Equally important, Ascend has for client Working in a wide range of industries and creative work represents the efforts of the team in all creative disciplines, including writing, graphic design, digital media won, multimedia, and mobile media. "

In Hermes creative competition this year, Ascend Integrated Media won awards for the work he has created and produced for the following customers:

        Platinum Award: IMEX America tradeshow newspaper. IMEX is the largest conference and trade show serving the international tourism market. Commercial and Conference IMEX America in Las Vegas in October of each year.

        Gold Medal: American Association Special iPad tablet version of its highly acclaimed book Heart Emergency Cardiovascular Care. At a price of the Apple Store at $ 24.99, can the distribution in the world to extend the shelf of the club in a very efficient manner this book.

        Gold Medal: 2012 International Exhibition MinExpo yearbook of the National Mining Association. The National Mining Association has international MinExpo every four years in Las Vegas and is one of the largest fairs in the world. The 300-page directory contains thousands of listings, maps, exhibition and conference details.

About Ascend Integrated Media - Ascend Integrated Media LLC is a media-inch-agency and marketing services, specializing in custom publishing lounge and event publishing, custom content creation and content integration. Ascend is uniquely positioned to work with associations, non-profit organizations, government agencies and companies that develop and produce the improvement of communications products brand. The company is committed to create, produce and distribute print, digital and mobile content marketing, branding and social media initiatives connected on behalf of the customer.

Suite of products and services fully integrated Ascend includes print and digital edition of the magazine, newspaper publishing, newsletters and e-newsletters, membership directories, product buyers guides, exhibit guides, guidebooks, maps, annual reports, door drop, advertising / sponsorship / exhibition sales agency, information about patient education, website design and management, the development of mobile phone applications, the iPad edition / tablet and account management, social media services text / SMS and targeted programs QR code.