V Creative Agency - Articles: When It Comes to Luxury Spending, China Takes Gold

Luxury
When It Comes to Luxury Spending, China Takes Gold

The Olympics may be long past, but the results have just been announced for one event that wasn’t even televised: luxury spending. The Chinese spent the most abroad on luxury purchases during the games, $255 per purchase on average. The United Arab Emirates, despite years of training, were outspent by the Chinese by 10 percent.

V Creative Agency - Articles: Chinese Carmaker Takes Stake in Spyker, Plans For A 0,000 Luxury SUV

Spyker

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Car and Driver reports that both Spyker and Youngman will also create a company called Spyker Phoenix to produce a line of luxury cars using the Phoenix technology and platform – a project Saab had been working on before the brand collapsed last year. These cars are expected to be manufactured in China.

While Spyker enters into these plans with Youngman, it is also suing Saab GM for $3 billion in relation to the brand’s demise. Spyker itself has little to bring to a new venture, and as Youngman has outsourced vehicle development to Lotus in the past, the experts are wondering just how this collaboration will work out.

Vanitytours.com

Dubai Party time

Vanitytours.com: By day they hide within an air-conditioned utopia removed from the blistering heat and humidity, but come nightfall Dubai emerges in grand style within a series of club hotspots that have transformed the once-complained about nightlife scene. Fashion revelers have two choices in town including Armani Prive that’s equal parts fashion and billionaire business crowd

V Creative Agency - Articles: Chinese Luxury Baijiu Debuts in the UK for £99 a Bottle

V Creative Agency - Articles: Chinese Luxury Baijiu Debuts in the UK for £99 a Bottle

• 03 AUGUST 2012
• BRANDS & RETAIL

Shui Jing Fang, the oldest distiller of popular Chinese liquor baijiu, sold a controlling stake in the brand to Diageo with the intentions of bringing the 52 percent proof white spirit to the west through a UK distribution deal. Diago now owns 53 percent in Sichuan Chengdu Quanxing Group, the largest shareholder in Sichuan Shui Jing Fang.