Hong Kong is welcoming a new kind of post-pandemic Chinese tourist, who instead of splurging on luxury items now opts for more low-key activities. Getting their cues from influencers on Xiaohongshu, an Instagram-like app, many take selfies on streets with quirky names or dense residential complexes, while others pose outside a police station that has been prominently featured in classic Hong Kong movies.The changes in travel habits, brought on by a younger generation of social-media users, comes as the Chinese economy weaken, with younger people in particular adjusting their consumption patterns as youth unemployment remains highคำพูดจาก สล็อตเว็บตรง. Consumers across th…
Savills said that across Britain there could be a decline of up to 40 percent from 2017 until 2021 in development activity of retail, office and industrial property, with up to 50 percent delayed in central London.“This would definitely be Brexit-related – a mix of lender, developer and occupier risk-aversion,” Head of Commercial Research Mat Oakley told Reuters.
Returns for investors, primarily made up of the rents they receive and the growth in the value of the asset, will rise by just 0.4 percent this year, compared to an increase of 13.2 percent in 2015, Savills said.There would be a slow recovery over the next few years with returns increasing by 1.4 percent next year, 5.3 percent in 2018 and 7.8 percent by 2021, it added.”We were forecasting a declining total return more…
The package of sanctions — which needs to be approved unanimously by European Union countries — also includes measures aimed at preventing Moscow from circumventing an oil price cap.The 27-nation bloc has already imposed 11 rounds of sanctions on Russia since its all-out invasion of Ukraine in February 2022, including hitting its key oil and gas exports.คำพูดจาก สล็อตเว็บตรง
Russia’s economy has been dented but not devastated by the sanctions, and the Kremlin is still managing to massively increase its military spending.The latest measures are designed to further cut off income to Russia’s war chest by targeting its lucrative diamond exports, worth some $4 billio…
Although niche happenings two centuries ago, over the decades, fashion weeks have evolved to become must-see events followed by a huge number of people thanks to their openness to embracing digital technology. This has been amplified by the pandemic, and by the emergence of the metaverse. These days, fashion moves from the catwalk to our wardrobes in one short step, making fashion weeks more influential than ever, despite their environmental impact.With this in mind, the Fashion for Good Museum is staging an exhibition entitled “Fashion Week: A New Era,” running until October, which looks at the evolution of fashion weeks and their different forms, from the intimate salons of the 19th century to the present day — and even beyond, since this show is also about the fashion weeks of the f…
The material is produced by re:newcell, a company that H&M as a group has supported since its inception. It uses discarded textiles and is able to “replace forest raw material, in commercial quantities, without compromising on the quality”. And the whole process that recycles the cotton and viscose fibres adds further to the circularity of Circulose because it uses a closed loop system for water and chemicals powered by renewable energy.คำพูดจาก สล็อตเว็บตรง
H&M’s Investment Manager for Sustainable Fashion at the group’s investment arm CO:LAB, Erik Karlsson, said re:newcell’s work “perfectly aligns with our vision to become fully circular”.Although thi…
The European Commission earlier on Tuesday said it had raided several companies and an association in the fragrance sector in some EU countries n concerns of a cartel in the supply of fragrances and fragrance ingredients while its UK counterpart also said it was investigating similar possible anti-competitive practices.The European Commission did not name the companies, the association or the European Union countries where the dawn raids occurred in line with its usual policy. It said the fragrances are used in consumer products such as household and personal care products.คำพูดจาก สล็อตเว็บตรง
“The Commission has concerns that companies and an association in …
Charles Li, the Hong Kong Exchanges and Clearing Ltd’s CEO, also told a Reuters Breakingviews event that what made Hong Kong great was “one country, two systems” – the framework under which the former British colony returned to Chinese rule in 1997.”I think local listed companies with local exposure are going to take a very big hit. They already are taking a big hitคำพูดจาก สล็อตเว็บตรง. That’s going to continue,” Li said.
HKEX posted an 8% drop in profit in the third quarter, its steepest slide in nearly three years, as investor sentiment was hit by months of political unrest that pushed the Asian financial hub into recession for the first time in a decade.Hong Kong-…
Rapidly weakening growth in the world’s second-biggest economy since the second quarter prompted authorities to step up their support steps, with Wednesday’s batch of data indicating the stimulus is starting to gain traction although a property crisis and other headwinds continue to pose risks to the outlook.Gross domestic product (GDP) grew 4.9% in July-September from the year earlier, data released by the National Bureau of Statistics showed, versus analysts’ expectations in a Reuters poll for a 4.4% increase but slower than the 6.3% expansion in the second quarter.
On a quarter-by-quarter basis, GDP grew 1.3% in the third quarter, accelerating from a revised 0.5% in the second quarter and above the forecast for growth of 1.0%.”It seems that all of that stimulus is finally begin…
This acceleration is thanks, in large part, to Chinese consumers, whose domination of market demand continues to grow. China currently accounts for 31% of total demand, but this figure should increase to 34% by 2020, with more than 60% spending outside of China. This has also been decisive, in addition to the return of European consumers, who account for 19% of the market, according to Deutsche Bank’s study. Luxury consumers have been tempted by more attractive products and standardized prices. Geographically, major spending on luxury products occurs in Europe (33%), followed by the Americas (32%) and China (13%).
Furthermore, more than half of demand is generated by tourism, a real market driver, with region-dependent variations: 58% in Europe, 55% in Asia, more than 20% in th…