242
Fashion Jobs
H&M
Visual Merchandiser Manager- Newmarket
Permanent · AUCKLAND
L'OREAL GROUP
Operations & Transport Manager
Permanent · AUCKLAND
ABBOTT
Tpm Contract Manufacturing Manager
Permanent · AUCKLAND
ESSILORLUXOTTICA GROUP
Optometrist - Opsm Rotorua
Permanent · ROTORUA
DANGERFIELD
Online Coordinator
Permanent · AUCKLAND
PUMA
Key Account Manager nz
Permanent · AUCKLAND
L'OREAL GROUP
Key Account Manager
Permanent · AUCKLAND
ESSILORLUXOTTICA GROUP
Retail Associate | Sunglass Hut Manukau
Permanent · AUCKLAND
ESSILORLUXOTTICA GROUP
Retail Associate | Sunglass Hut Dunedin
Permanent · DUNEDIN
ESSILORLUXOTTICA GROUP
Retail Associate | Opsm Rangiora Eyecare
Permanent · CANTERBURY
PETER ALEXANDER
2 x Casual - Sales Assistant - Peter Alexander nz - MT Maunganui
Permanent · AUCKLAND
PETER ALEXANDER
2 x Part Time - Sales Assistant - Peter Alexander nz - MT Maunganui
Permanent · AUCKLAND
LULULEMON
Assistant Manager | Christchurch (Tuesday - Saturday Rotation)
Permanent · CHRISTCHURCH
ICEBREAKER
Icebreaker : Sales Associate, Casual - Wellington Airport Touchlab
Permanent · WELLINGTON
DFS
Personal Shopper
Permanent · AUCKLAND
H&M
Department Manager- Chartwell (Hamilton)
Permanent · HAMILTON
H&M
Store Manager Wellington
Permanent · WELLINGTON
H&M
Sales Advisor- 28h
Permanent · AUCKLAND
H&M
Assistant Store Manager- Sylvia Park
Permanent · AUCKLAND
H&M
Department Manager- Sylvia Park
Permanent · AUCKLAND
LOVISA
Store Manager | nz | Palmerston North
Permanent · PALMERSTON NORTH
LOVISA
Store Manager | nz | Chartwell
Permanent · HAMILTON
By
Reuters API
Published
Apr 30, 2018
Reading time
2 minutes
Download
Download the article
Print
Text size

Lanvin's Chinese owner dials up tourism push with luxury resort

By
Reuters API
Published
Apr 30, 2018

Fosun International Ltd on Saturday launched its Atlantis Sanya luxury resort in a $1.74 billion bet that the sail-shaped development will become an icon in Hainan - China's Hawaii - and a beacon to tourists domestic and abroad.


Lanvin - autumn/winter 2018 - Paris - © PixelFormula


The Chinese conglomerate's 11 billion yuan (1.2 billion pounds) investment in China's southernmost province is in line with the central government's desire to further boost tourism in Hainan, already popular among Chinese holidaymakers.

Fosun, co-founded by Chinese billionaire Guo Guangchang, has been one of the country's most acquisitive overseas dealmakers with French fashion house Lanvin a recent purchase.

But like peers including Dalian Wanda Group and HNA Group, Fosun has faced increased scrutiny by Beijing for debt-fuelled, big-ticket foreign deals and is now pursuing a development path more closely aligned with Beijing's priorities.

Tourism is viewed as key to China’s shift towards a more consumption-driven model of economic growth from an investment and export-led one. Beijing aims to raise the country’s tourism market revenue to 7 trillion yuan by 2020, from 5.3 trillion yuan last year.

Hainan, one of China’s top holiday destinations, has sought to internationalise its tourism sector since 2010 after winning approval from the central government to develop international tourism. But only 1.1 million out of 67 million visitors came from abroad in 2017.

Located on Haitang Bay, one of the major bays in Sanya and known for its 22-kilometre strip of white, sandy beaches, Atlantis Sanya was inspired by Dubai’s Atlantis, The Palm.

The integrated resort offers hotel suites with views of underwater marine life, as well as a water park and a shopping mall.

The resort, owned by Fosun and managed by Kerzner International, occupies an area of 540,000 square metres - equal to 66 soccer pitches - and has 1,314 guest rooms.

“Atlantis Sanya is not only a forerunner of the supply-side reform of the tourism industry, but is also becoming a new landmark of Hainan tourism,” Xu Zhenling, vice mayor of Sanya said at a news conference on Saturday ahead of the resort’s grand opening scheduled for the evening.

She said the resort will also raise Hainan’s profile overseas, as the island province - China’s largest economic development zone - seeks to further open up its economy and focus on developing modern tourism, services and high-technology industries.

Plans to build China’s first Atlantis resort in Hainan, the third in the world, were first unveiled in 2013.

The resort adds to a broad portfolio owned by Fosun Tourism and Culture Group, a key profit growth driver for the conglomerate, which also owns the French Club Med holiday company and a stake in Canadian theatrical production company Cirque du Soleil.

© Thomson Reuters 2024 All rights reserved.