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FW FASHION INT announced the resignation of its auditor, PwC.
FW FASHION INT (02528) announced that due to a failure to reach an agreement with PricewaterhouseCoopers on the revised proposed audit fees for the financial year ending December 31, 2024, PricewaterhouseCoopers has resigned as the company's auditor, effective from December 18, 2024.
Market Chatter: Forward Fashion International Launches Chinese Outdoor Brand in Hong Kong, Macau
Macao and Hong Kong introduce the mainland light outdoor brand "Jiaoxia". Shangjin International (02528.HK): Helping to rejuvenate the membership structure in response to Consumer downgrade.
FW FASHION INT (02528.HK) announced the introduction of the Mainland lightweight outdoor brand "Jiaoxia" in the Hong Kong and Macau markets, and the opening of its first store in Times Square, Causeway Bay; as well as the opening of two stores in Macau at Praça de Santo Domingo and Studio City. FW FASHION INT's CEO, Chan Hang-yi, stated that the "Jiaoxia" brand is positioned as lightweight, suitable for young people and the general public. As for the brands that the group previously introduced, which typically belong to the affordable luxury category, due to the current downgrade in consumer spending, the group is seeking brands that offer better value for money and meet the needs of the masses. Chan Hang-yi believes that the newly introduced brands will broaden the group's member base and benefit the overall company.
Shangjin International (02528.HK) has introduced the coffee brand Cafe Kitsune to the first store in Macau's Lao Foya Department Store.
Sunac International (02528.HK) stated that the company has opened the first store of the well-known coffee brand Cafe Kitsune in Macau, located on the ground floor of the Macau Lafayette Department Store in the Macau Gold and Silver Island scenic resort shopping center. By integrating boutique coffee, simple fashion, and aesthetic culture into Macau life, it is expected to become a popular check-in spot for locals and tourists.
Suntec International (02528.HK) and UFC GYM have signed an exclusive cooperation agreement to open the first fitness center in Macau in the first quarter of next year.
Sing Hin International (02528.HK) announced the signing of an exclusive cooperation agreement with UFC GYM, planning to open the first UFC GYM fitness center in Hong Kong and Macau in the first quarter of next year at the Jin Yin Island World Famous World, covering 0.015 million square feet. UFC GYM is a major brand extension of the global mixed martial arts organization UFC. Since its establishment in 2009, UFC GYM has opened more than 170 branches in over 37 countries worldwide, with over 0.125 million members. Sing Hin International's founder, chairman of the board of directors, and executive director, Fan Rongting, stated that in recent years, "travel + sports" has become the focus of the Macau Special Administrative Region government.
FW FASHION INT: INTERIM REPORT 2024