China’s Love Affair With Luxury Cars

In Beijing, BMW dealerships are giving markdowns of as much as 19 percent on a 3-series car, while some Mercedes dealers are selling the C-Class Elegance model at 20 percent less than the suggested retail price, according to cheshi.com, a pricing guide tracking more than 3,000 dealers in the country. BMW, Daimler and Audi, the…

Chinese Luxury Brand NEO.HERITAGE Spring Summer 2012 Collection

POWERLAND AG (Prime Standard / ISIN DE000PLD5558), leading Chinese manufacturer of exclusive luxury handbags and leather goods and listed on the Frankfurt Stock Exchange since April 2011, has launched its 2012 Spring/Summer Collection named “NEO.HERITAGE” at Hyatt on the Bund Hotel, Shanghai. The fashion show where attended by more than 200 celebrities, journalists from fashion…