Xi’an Taikoo Li to be Completed in Stages by 2025.
In the second quarter, PUMA’s sales increased by 11.1% year-on-year to 2.121 billion euros, and the Asia-Pacific region achieved growth of 24.4%.
This year, Shiseido Company has introduced a new mid-term strategy called “SHIFT 2025 and Beyond.”
Strong rebound in mainland China’s tourism demand, evident recovery of Joy City Real Estate’s three high-end hotels.
In the fourth quarter, The Wharf (Holdings) will introduce its third hotel brand.
By 2025, Hugo Boss is confident in achieving a revenue of 5 billion euros and a minimum EBIT (Earnings Before Interest and Taxes) of 600 million euros, with an EBIT margin of at least 12%.
CEO Bjørn Gulden stated that Adidas is expecting to achieve profitability in the years 2025 and 2026.
After the resumption of domestic tourism, there has been a release of vacation demand.
Hang Lung Properties and Hang Lung Group’s property rental income increased by 5% and 4%, respectively, reaching HKD 5.237 billion and HKD 5.523 billion.
The Greater China region recorded a remarkable 24% year-on-year growth, which, when calculated at a fixed exchange rate, increased by 31%. This growth played a pivotal role in leading the Asia-Pacific region to achieve a further 13% overall increase.
