LONDON — L’Officiel has launched a Hong Kong version, starting with a digital platform that debuted Thursday. A print model is ready to comply with in early 2024.
Ken Lo, chief govt officer at AMTD World Media and Leisure Group and world chief of employees and Asia CEO of L’Officiel, stated the launch of the Hong Kong version is “an vital illustration to underpin our world direct possession mannequin, which is a novel proposition within the media trade. We’re eager to assist and amplify Hong Kong native voices, skills and tradition by way of our worldwide media platform.”
AMTD acquired L’Officiel from the Jalou household for an undisclosed sum in 2022.
Following its acquisition, the media firm transitioned to a direct possession mannequin for its companies in Singapore, Malaysia and the Philippines. In July 2023, L’Officiel launched its luxurious watch evaluate, La Revue Des Montres, in Asia.
Calvin Choi, world chairman of AMTD Group, believed that “trend has the ability to interrupt the constraints of geography and language, connecting individuals by artwork and creativity.”
“The launch of L’Officiel Hong Kong echoes the town’s willingness to develop into a global cultural hub. Now we have full confidence that L’Officiel Hong Kong will inherit the model’s trend legacy and convey new vitality into Hong Kong’s cultural trade improvement,” added Choi.
Underneath the brand new possession, the journal has additionally settled disputes with freelancers. Earlier in the summertime, the American model of the title, for instance, got here to an settlement with the town of New York to pay greater than $275,000 to 41 freelancers.
