The Luxury Brand Market in China

China’s love of contemporary culture and expensive brand labels has seen a nation of Chinese tourists heading overseas toward London, New York and Paris for global fashion hotspots. Luxury brands such as Chanel, Rolex and Lacoste have captured the hearts of China’s post-80s generation who see western culture as a beautiful and glamorous lifestyle. At […]

Another $14.1 billion VW plans to spend in China with its joint venture partners.

Volkswagen’s No. 1 ambition: How it plans to rule the world Ferdinand Piech, right, chairman of Volkswagen AG’s supervisory board, and Martin Winterkorn, Volkswagen’s CEO, have led the planning to make the company the world’s largest automaker. By HARALD HAMPRECHT on 3/29/2011 When Ferdinand Piech celebrates his 74th birthday on April 17 in his villa […]