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AMTD Group to Launch World’s First L’OFFICIEL COFFEE

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AMTD Group to Launch World’s First L’OFFICIEL COFFEE

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AMTD IDEA Group Class A ( (SG:HKB) ) has shared an announcement.

AMTD Group, in collaboration with AMTD IDEA Group and AMTD Digital, has announced the launch of the world’s first L’OFFICIEL COFFEE in the second quarter of this year. This new venture aims to blend the rich history and aesthetic of L’Officiel with a luxury casual café experience, offering specialty coffees and designed sweets. The initiative is expected to enhance the brand’s presence in lifestyle and culture sectors, with plans to expand into major global markets starting in 2025.

More about AMTD IDEA Group Class A

AMTD Group is a conglomerate with a diverse business portfolio that spans media and entertainment, education and training, and premium assets and hospitality. L’Officiel, a part of this group, is a globally recognized luxury and fashion media brand with a century-long legacy, originating from Paris and present in over 30 countries.

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$1.43B

For detailed information about HKB stock, go to TipRanks’ Stock Analysis page.

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