{"id":778646,"date":"2023-08-17T10:06:44","date_gmt":"2023-08-17T14:06:44","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lofficiel-global-successfully-acquired-the-philippines-business-to-add-one-more-country-to-direct-owners-model-on-a-worldwide-basis\/"},"modified":"2023-08-17T10:06:44","modified_gmt":"2023-08-17T14:06:44","slug":"lofficiel-global-successfully-acquired-the-philippines-business-to-add-one-more-country-to-direct-owners-model-on-a-worldwide-basis","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lofficiel-global-successfully-acquired-the-philippines-business-to-add-one-more-country-to-direct-owners-model-on-a-worldwide-basis\/","title":{"rendered":"L\u2019Officiel Global successfully acquired the Philippines business to add one more country to direct owner\u2019s model on a worldwide basis"},"content":{"rendered":"

<\/p>\n

L\u2019Officiel Global successfully acquired the Philippines business to add one more country to direct owner\u2019s model on a worldwide basis<\/b><\/p>\n

PARIS–(BUSINESS WIRE<\/a>)–
\nAMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD) jointly (altogether known as \u201cAMTD\u201d) announced that the franchisee operating the L\u2019Officiel\u2019s Philippines business, including both digital and social platforms as well as prints of L\u2019Officiel and L\u2019Officiel Hommes, has been successfully acquired by AMTD.<\/p>\n

\nPhilippines represents another country in South East Asia in which AMTD has successfully transformed and developed into a direct owner\u2019s model to deliver a global brand\u2019s unity and consistency under the L\u2019Officiel brand which carries an over 100-years of heritage from France as one of the oldest fashion media globally.<\/p>\n

\nAMTD announced the roll-out of the AMTD World Media and Entertainment Group (“AMTD WME”) earlier with L\u2019Officiel being a predominant media IP and global businessuser of WME. The continued expansion of direct owner\u2019s model globally as well as the escalated focus into more counties and cities in Asia on top of the currently comprehensive footprint in China, Korea, Singapore, Malaysia, Vietnam, Thailand, Philippines, etc., have all contributed to further strengthening of the L\u2019Officiel brands into a new era under AMTD\u2019s global ownership.<\/p>\n

\nDanyl Geneciran, Editor-in-Chief for L’Officiel Philippines, commented, \u201cTimes have changed in fashion publishing and L\u2019Officiel rises to this challenge by continuing to bring value to its readers. With AMTD\u2019s acquisition of L\u2019Officiel Philippines, this positions the Brand not just as a fashion platform, but as a leader in the realm of modern media innovation. I look forward to being part of the AMTD family and evolving the way the team works through ideas.\u201d<\/p>\n

\nDenise Lau, Head of Strategy and Partnership of AMTD WME, and Asia Managing Director of L\u2019Officiel Inc. SAS, commented, \u201cWe extend a warm welcome to the Philippines team on behalf of L\u2019Officiel Global. We are confident that the ongoing implementation of the direct owner\u2019s model on a global scale will significantly enhance our global IP\u2019s brand values and consistency. Under AMTD ownership, we are committed to consistently deliver exceptional services and innovative ideas to our esteemed clients.\u201d<\/p>\n

\nAileen Soh, Managing Director \u2013 South East Asia of L\u2019Officiel Inc. SAS, commented, \u201cWe are happy to announce that L\u2019Officiel Philippines is now under the direct owner’s model. The L\u2019Officiel SEA team is committed in supporting L’Officiel Philippines and rolling it into our L\u2019Officiel Asia network to deliver our combined solutions to every client and brands.\u201d<\/p>\n

About AMTD Group<\/b><\/p>\n

\nAMTD Group is a conglomerate with core business portfolio to span across financial services, digital solutions, media and entertainment, education and training, and premium assets.<\/p>\n

About AMTD IDEA Group<\/b><\/p>\n

\nAMTD IDEA Group, formerly known as AMTD International Inc. (NYSE: AMTD; SGX: HKB) represents a diversified institution and digital solutions group connecting companies and investors with global capital markets. Its comprehensive one-stop business services plus digital solutions platform addresses different clients\u2019 diverse and inter-connected business needs and digital requirements across all phases of their life cycles as well as hospitality and VIP services. Through our unique eco-system \u2014 the “AMTD SpiderNet” \u2014 AMTD IDEA Group is uniquely positioned as an active superconnector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com<\/a> or follow us on Twitter at @AMTDGroup.<\/p>\n

About AMTD Digital Inc.<\/b><\/p>\n

\nAMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France. Its one-stop digital solutions platform operates four main business lines including digital solutions services, digital media, content and marketing services, digital investments as well as hospitality and VIP services. It is the fusion reactor at the core of the AMTD SpiderNet ecosystem and empowers and integrates the various digital businesses within its ecosystem. For AMTD Digital\u2019s announcements, please visit https:\/\/ir.amtdigital.net\/investor-news<\/a>.<\/p>\n

Safe Harbor Statement<\/b><\/p>\n

\nThis press release contains statements that may constitute \u201cforward-looking\u201d statements pursuant to the \u201csafe harbor\u201d provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as \u201cwill,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201caims,\u201d \u201cfuture,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201clikely to,\u201d and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD Digital Inc., are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD Digital Inc. with the SEC. All information provided in this press release is as of the date of this press release, and AMTD Digital Inc. does not undertake any obligation to update any forward-looking statement, except as required under applicable law.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230817083645\/en\/<\/a><\/span><\/p>\n

\nFor AMTD IDEA Group:
\n
IR Office
\n
AMTD IDEA Group
\n
EMAIL: ir@amtdinc.com<\/a><\/p>\n

\nFor AMTD Digital Inc.:
\n
IR Office
\n
AMTD Digital Inc.
\n
EMAIL: ir@amtdigital.com<\/a><\/p>\n

KEYWORDS:<\/b> Europe Philippines Asia Pacific France<\/p>\n

INDUSTRY KEYWORDS:<\/b> Digital Marketing Social Media Publishing Media Content Marketing Communications General Entertainment Entertainment<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

L\u2019Officiel Global successfully acquired the Philippines business to add one more country to direct owner\u2019s model on a worldwide basis PARIS–(BUSINESS WIRE)– AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD) jointly (altogether known as \u201cAMTD\u201d) announced that the franchisee operating the L\u2019Officiel\u2019s Philippines business, including both digital and social platforms as well as prints of L\u2019Officiel and L\u2019Officiel Hommes, has been successfully acquired by AMTD. Philippines represents another country in South East Asia in which AMTD has successfully transformed and developed into a direct owner\u2019s model to deliver a global brand\u2019s unity and consistency under the L\u2019Officiel brand which carries an over 100-years of heritage from France as one of the oldest fashion … <\/p>\n

Continue reading “L\u2019Officiel Global successfully acquired the Philippines business to add one more country to direct owner\u2019s model on a worldwide basis”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-778646","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nL\u2019Officiel Global successfully acquired the Philippines business to add one more country to direct owner\u2019s model on a worldwide basis - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lofficiel-global-successfully-acquired-the-philippines-business-to-add-one-more-country-to-direct-owners-model-on-a-worldwide-basis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"L\u2019Officiel Global successfully acquired the Philippines business to add one more country to direct owner\u2019s model on a worldwide basis - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"L\u2019Officiel Global successfully acquired the Philippines business to add one more country to direct owner\u2019s model on a worldwide basis PARIS–(BUSINESS WIRE)– AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD) jointly (altogether known as \u201cAMTD\u201d) announced that the franchisee operating the L\u2019Officiel\u2019s Philippines business, including both digital and social platforms as well as prints of L\u2019Officiel and L\u2019Officiel Hommes, has been successfully acquired by AMTD. 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(NYSE: HKD) jointly (altogether known as \u201cAMTD\u201d) announced that the franchisee operating the L\u2019Officiel\u2019s Philippines business, including both digital and social platforms as well as prints of L\u2019Officiel and L\u2019Officiel Hommes, has been successfully acquired by AMTD. 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