NEWS
regular Royal Selangor celebrates 125
years in business Royal Selangor, a family-run business and now the world’s largest pewter company founded in Malaysia in 1885, recently celebrated its 125th anniversary by uniting more than 30 members of its international sales teams and market support staff to enjoy a heritage trail in Kuala Lumpur and Penang, tracing the history of tin mining and the development of pewter. Guests from around the world fl ew into Kuala Lumpur to join members of the Yong family, descendants of Royal Selangor founder Yong Koon. Yong Yoon Li, Yong Koon’s great grandson and general manager of Royal Selangor International commented: “This marks a great milestone for Royal Selangor and is a wonderful opportunity to celebrate its heritage and vision. We look forward to an exciting future with the opening of new international stores and stunning collections that showcase our expertise in pewter design and craftsmanship.” Highlights included visiting Royal Selangor’s award winning Visitor Centre in Kuala Lumpur, one of Malaysia’s top three tourist attractions, popular with famous faces including Prince Edward and Mel Gibson. During their visit the group tried the ‘School of hard knocks’ pewtersmithing workshop in which they experienced making their own pewter bowl, a unique souvenir piece. The group also visited historical sites in Penang including the Khoo Kongsi temple, one of the grandest temples in the country and a popular historical attraction, as well as the iconic Cheong Fatt Tze Mansion, winner of the 2000 UNESCO ‘Most Excellent’ Heritage Conservation Award.
www.royalselangor.com
Chinese super-rich now outspend
For Every Body expands exports
For Every Body Ltd, based in rural Shropshire has continued its expansion in export sales.
The main focus since being established in 2008 has been to
grow UK distribution with a reactive approach to Europe. The leading soy brand already has a strong presence in Scandinavia with distributor Filip & Alexander.
In the last six months it has expanded its party plan division with Zen & Senses based in Belgium. Koenraad Ronsman, CEO of Zen Senses, says: “For Every Body has proved an excellent trading partner, with its focus on the natural market and the benefi ts of soy based products, we are planning of expanding our specialist party plan operation over the coming months and are investigating working in the UK with For Every Body”. Meanwhile, For Every Body has just signed a retail contract
with Herco of the Philippines to sell its products, this follows on from the major success with Bath, Body and Beyond the major US retailer. Paul Travis, managing director says: “Whilst export was not a major objective of the UK company it now surprisingly accounts for over 20% of the sales in 2010 and a welcome growth area. We are now proactively looking for distributors and major retailers specifi cally in Europe. ‘Organic Living’ continues to be our fl agship range as this was created with the European fragrance trends in mind.” Tel: 01952 457408
www.foreverybody.biz Home & Gift Stand: D30
8 gifts today
Russians A study of shopping trends in Mayfair boutiques has found that Chinese shoppers are now outnumbering Russians as the Chinese economy continues to boom and the ultra-rich develop a taste for international luxury goods. The study by FDKG, a consultancy fi rm that helps UK luxury goods businesses to develop a foothold in the Chinese market, found that Chinese luxury goods shoppers are now outnumbering Russian shoppers by a factor of almost 15:1. Russians, in fact, came fourth in the study, after Chinese (in fi rst place), Americans and Japanese. 58% of luxury goods retailers polled said that Chinese were the most frequent visitors. Only 4% of retailers said that Russians were now their most frequent visitors.
The study underlines the growing importance of the Chinese economy internationally and the Chinese consumer to businesses with international aspirations. Ken Grant, managing director of FDKG, said: “The Ruble has given way to the Yuan as the most
signifi cant emergent tourist currency. The strength of the Chinese economy, which is growing at 9% per annum, is now having a measurable impact abroad, with many luxury goods retailers and manufacturers benefi ting passively from the enormous spending power of the Chinese ultra-rich. With UK economic growth likely to be fragile for some time, there are huge opportunities available for the businesses that have the wherewithal to enter this incredibly lucrative market.”
www.fdkginsight.com/reports/marketreports.htm
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CONTRIBUTORS
Malcolm Naish
malcolm@lemapublishing.co.uk Mark Naish
mark@lemapublishing.co.uk Paul Hughes
phughes@lemapublishing.co.uk Mark Horsnell
markh@lemapublishing.co.uk Paul Naish
paul@lemapublishing.co.uk Richard Vickers
rick@lemapublishing.co.uk Graeme Thomas
graeme@lemapublishing.co.uk Ali Mafi
Brian Wiseman Rachel Parkin Jeremy Piercy
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