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.
Hilton’s second-quarter revenue increased by 18.75% YoY, and its net income attributable to shareholders rose by 11.68% YoY.
In the European region, sales surpassed North Asia, making it the top market, while the mainland China market demonstrated strong recovery in the second quarter.
SYoung Group reports revenue growth recovery and a significant 72% surge in net profit.
In H1, mainland China resumed growth, with sales increasing by 53% year-on-year.