Superyacht Management Services Centre Planned for Hong Kong

Hong Kong Cruise and Yacht Industry Association (HKCYIA) has reached a partnership agreement with China Merchants Industry Holdings (CMI) for the establishment of a superyacht management services centre in Tsing Yi Island. HKCYIA’s Kara Yeung (third left) and Euroasia Dockyard management at the signing ceremony witnessed by lawyers of Stephenson Harwood Located at the Yiu Lian and Euroasia dockyards, […]

Japan’s High-end Retailer Takashimaya Exits China

In “Chinese Whispers,” we share the biggest news stories about the luxury industry in China that have yet to make it into the English language. In this week’s edition, we discuss: Takashimaya liquidates China business Chanel Beauty to sell on Alibaba’s Tmall Moda Operandi’s new Managing Director of China Takashimaya’s notice in Chinese. 1. Takashimaya […]

Kering Wants to End Violence Against Women

In Francis Fukuyama’s Trust: The Social Virtues and The Creation of Prosperity, the author explains the correlation between social trust and economic success. Fukuyama asserts that societies with rampant individualism and mistrust undermine economic progress. Broadly, Western societies have entered a dark age of skepticism, where individuals have become suspicious of good deeds and positive […]