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6 Jul

Diane von Furstenberg Returns to Hong Kong After Two-year Hiatus

LONDON — Diane von Furstenberg last week unveiled a recent physical store in Hong Kong at the favored, upscale shopping center Harbour City shopping in Tsim Sha Tsui. The opening of the roughly 1,000-square-foot store marks the brand’s return to the Hong Kong offline retail market after a two-year hiatus. The brand operated a store in Landmark, a luxury shopping center in Central, pre-pandemic. The brand new space comes with a clean and stylish interior design with a flowing glass curtain wall, water mill marble flooring, and gold-plated titanium display racks, showcasing the newest collections. The boutique also highlights DVF’s iconic black-and-white chainlink print and signature graphic. During COVID-19, the land border between mainland China and Hong Kong was shut, which led to sharp declines in retail...
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28 Jan

Andrea Guerra’s Prada Salary Detailed to Hong Kong Stock Exchange

PRADA’S FEES: Andrea Guerra is taking over the chief executive officer’s mantle of the Prada Group and details about his salary were released on Friday in a press release confirming the appointment to the Hong Kong Stock Exchange, where the group is publicly listed.  As an executive director of the board, the previous Luxottica and LVMH Moët Hennessy Louis Vuitton executive will probably be paid a fee of fifty,000 euros a 12 months, which might be subjected to review. As per the employment agreement, the manager’s remuneration, including salary, advantages in kind, pension, health care and TFR contributions, will amount to about 151,180 euros a month in the combination. He may also be entitled to a discretionary bonus and other incentives. Prada granted the...
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23 Dec

Chinese Skin Care Company Chicmax Makes Hong Kong Market Debut

SHANGHAI — Shanghai-based skincare group Chicmax Cosmetic Company Ltd. — known for its popular skincare brands Kans, One Leaf, Baby Elephant, Bio-G and Hanamino — went public on the Hong Kong Stock Exchange on Thursday, becoming the primary Mainland China skincare company to accomplish that. Chicmax opened at 25.20 Hong Kong Dollars, or $3.23, on Thursday, raising 835 million Hong Kong dollar from the deal. Founded in 2002 by Shanghai-based entrepreneur Yixiong Lv, Chicmax is widely known for its anti-aging brand Kans, the botanically inspired facial mask brand One Leaf and the Baby Elephant skincare brand for moms and youngsters. In keeping with data from the consulting agency Frost & Sullivan, in 2021, Chicmax Cosmetics ranked 14th place in retail sales in China,...
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