Latest News for: Asia pacific luxury

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BSP changes FX rules for foreign investments to make them easier

Manila Bulletin 22 Apr 2024
They're known for luxury car sales and maintenance in China and the Asia Pacific region, and BYD Global City marks their first foray into the Philippine automotive market.
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Bunye: BSP changes FX rules for foreign investments to make them easier

Sun Star 21 Apr 2024
They're known for luxury car sales and maintenance in China and the Asia Pacific region, and BYD Global City marks their first foray into the Philippine automotive market.
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Gucci owner Kering issues profit warning after China sales slump

The Observer 20 Mar 2024
“This performance primarily reflects a steeper sales drop at Gucci, notably in the Asia-Pacific region,” said Kering, whose other luxury names include Saint Laurent, Balenciaga and Alexander McQueen.
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Gucci sales to plunge 20% in first quarter on Asia slowdown

The Irish Times 20 Mar 2024
Kering warned that sales at Gucci have plunged about 20% in the first quarter due to a steeper-than-expected decline in the Asia-Pacific region, widening the gap between the French luxury company and its stronger rivals.
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Ovolo goes global with SLH

TravelDailyNews 29 Feb 2024
Mark Wong, Senior Vice President Asia Pacific, Small Luxury Hotels of the World, expressed passion about the partnership, stating, “We are elated to welcome Ovolo Hotels back to the SLH membership.
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Stellantis posts record profit, revenue in 2023

Detroit news 15 Feb 2024
Stellantis made $6.995 billion (6.519 billion euro) in Europe, $2.542 million (2.369 million euro) in South America, $2.686 million (2.503 million euro) in the Middle East and Africa and $539 million (502 million) in China, India and Asia Pacific.
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Okura Nikko Hotels, Japan and Two Properties Abroad Awarded Five Stars by Forbes Travel Guide 2024

Enid News & Eagle 13 Feb 2024
... suites and luxurious rooms ... Forbes Travel Guide is the gold standard for luxury hospitality ratings worldwide ... MACAU UNITED STATES THAILAND JAPAN NORTH AMERICA ASIA PACIFIC SOUTH KOREA CALIFORNIA.
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Senate advances Ukraine aid over conservative blockade

The Hill 11 Feb 2024
Senate Republican Leader Mitch McConnell (Ky.), speaking right after Schumer, warned that failing to support Ukraine would put America’s allies at risk by giving China a “green light” to project power in Asia and the Indo-Pacific.
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Hermes posts record annual sales and net profit

The Manila Times 09 Feb 2024
Hermes said sales rose by 14.5 percent in Japan and 12.9 percent in the rest of the Asia-Pacific region, with the group opening its 33rd store in China, a major market for luxury brands.
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China’s tepid rebound has left luxury shops relying on U.S. demand

Detroit news 09 Feb 2024
Hermes International, the French luxury group, topped earnings expectations but singled out Asia-Pacific excluding Japan as its weakest region ... Even so, there’s no indication firms will reduce their ambitions for Asia’s biggest economy.
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China’s tepid rebound has left luxury shops relying on overseas demand

Detroit news 09 Feb 2024
Hermes International, the French luxury group, topped earnings expectations but singled out Asia-Pacific excluding Japan as its weakest region ... Even so, there’s no indication firms will reduce their ambitions for Asia’s biggest economy.
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Hermes celebrates record profit with staff bonuses

The Peninsula 09 Feb 2024
Hermes said its sales climbed 14.5 percent in Japan and 12.9 percent in the rest of the Asia-Pacific region last year, with the group opening its 33rd store in China, a major market for luxury brands.
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The Okura Tokyo Accepted into Global Luxury Travel Group Virtuoso®

Enid News & Eagle 08 Feb 2024
The Okura Tokyo’s acceptance into Virtuoso gives it direct relationships with the world’s leading leisure travel agencies in North and Latin America, the Caribbean, Europe, Asia-Pacific, Africa and the Middle East.
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The Okura Tokyo Named Five-Star Hotel, Okura Fitness & Spa Named Four-Star Spa and Nouvelle ...

Enid News & Eagle 08 Feb 2024
Forbes Travel Guide (FTG), the only global rating system for luxury hotels, restaurants, spas and ocean cruises, announced its 2024 Star Awards yesterday in Atlanta, GA ... UNITED STATES JAPAN NORTH AMERICA ASIA PACIFIC GEORGIA.
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