Gilt’s Chinese Vipstore.com Introduces New Concepts in Luxury to China’s Consumers

BEIJING, May 23, 2011 /PRNewswire-Asia/ — While Gilt is already a household name among online shoppers in the US, the brand, although a relative newcomer to the Chinese market, is already off to a vigorous start. China, with the world’s most vibrant market for luxury goods due to its soaring middle-class – already at 50 million and still growing – has a healthy appetite for the better things in life and remains the country with the largest potential for the brand.

In 2011, China has experienced a huge increase in sales of luxury products, placing the country first in terms of speed of growth in the sector. The country is expected to see a year-over-year increase of 25% to 11.5 billion euros in sales of luxury goods this year, according to the Luxury Goods Worldwide Market Study recently released by US-based Bain & Company. In tandem with the rapid overall increase in consumption, tastes, attitudes and demands among Chinese consumers when buying luxury goods are experiencing tremendous changes. Forecasts show the country’s online sales of luxury products increased by 30% to between US$4 billion and US$6 billion in five years. The development of luxury e-commerce is clearly on a fast track. Read more

JONES Magazine Launches Nationally This Week and JONESMAG.com Gets a Twenty-ten Makeover with New Site Design

NEW YORK, April 23 /FashionNews/ — The NorthStar Group is pleased to announce the official national launch of JONES Magazine. In addition to the launch of the magazine, the newly redesigned website JONESMAG.com has gone live, providing readers an interactive 360 degree experience.

JONES Magazine initially launched as a regional publication in 2005 under the creative direction of founder and Editor-in-Chief Tracey Ferguson. “The magazine appeals to stylish and chic multicultural women and serves as a premier shopping guide,” shares Ferguson, who is thrilled about JONES becoming a national brand. From fashion to food to distinctive travel destinations to the best in home design, JONES is the go-to guide for a sophisticated consumer. Read more

ASUS-Lamborghini VX3 Presents Impassioned Luxury

No compromise on style and no mediocrity on performance. Every detail, regardless of size, is borne out of this spirit.

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TISSOT REVS UP ITS PARTNERSHIP WITH BRAND AMBASSADOR DANICA PATRICK

WEEHAWKEN, NJ · May 16, 2008 /PRNewswire/ – Premier Swiss watch brand Tissot is proud to announce the partnership renewal of its brand ambassador racing star Danica Patrick. She endeared herself to the world when she made history by becoming the first woman ever to win a race in the sport of U.S. open-wheeled racing by clinching her victory in the Japan 300. For the watchmaker, Danica Patrick has always been a champion. In 2005, Patrick became the first female U.S. “Ambassador” for Tissot. In anticipation of the Indy 500 and to pay homage to Danica, the watch company is proud to announce that it will sign a two year contract extension with the IndyCar® Series Star on Friday May 16, 2008 demonstrating both its pride and commitment to this empowering icon. Read more