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PwC predicts that china's luxury goods market will leap to the top of the global ranking by 2030.
PwC predicts that by 2030, China will become the world's largest individual luxury goods market with a market size of $148 billion. Intergenerational wealth transfer, new customer development, the rise of experiential luxury goods, hainan's high growth potential, and the improvement of online and offline services will all drive this growth.
Bvlgari CEO: The luxury goods market in China is expected to recover within two years.
Bvlgari CEO Jean-Christophe Babin stated that with the rebound of the Chinese economy, the Chinese luxury goods market may recover within the next 24 months.
Emperor Watch & Jewellery Unit to Lease Hong Kong Shop for Five Years
Emperor Watch&J (00887.HK) plans to lease the underground shops at the Shangai Commercial Banks Building in Central, Hong Kong.
On September 24th, Grong Hui announced that Emperor Watch&J (00887.HK) revealed that on September 24, 2024, its indirect wholly-owned subsidiary Emperor Watch&J (Hong Kong) Limited, as a lessee, signed an intention letter with the landlord regarding the property. The property is located at Shop A, Ground Floor, 1st Floor, and Basement Storage Room of Shanghai Commercial Banks Building, 12 Queen's Road Central, Central, Hong Kong. The lease term is five years and will be used for retail operations. The total rental amount for the entire lease term under the intention letter is approximately 91,200,000 Hong Kong dollars, excluding management fees, gratuities, ground rent, and utility fees.
EMPEROR WATCH&J: 2024 Interim Report
EMPEROR WATCH&J To Go Ex-Dividend On September 3rd, 2024 With 0.0065 HKD Dividend Per Share
August 22nd (Beijing Time) - $EMPEROR WATCH&J(00887.HK)$ is trading ex-dividend on September 3rd, 2024.Shareholders of record on September 4th, 2024 will receive 0.0065 HKD dividend per share on