New World Department Store Names Rebecca Woo as CEO and Executive Director

An update from New World Department Store China Limited ( (HK:0825) ) is now available.

New World Department Store China Limited has appointed veteran retail executive Ms. Woo Yuk-kwan Rebecca as executive director and chief executive officer, effective 1 April 2026. With more than 30 years’ experience in retail and real estate across mainland China and Hong Kong, and a long history with the group and its affiliate K11 Concepts, her appointment underscores the company’s reliance on seasoned internal talent to steer its China-focused department store operations.

Under a three-year contract, Ms. Woo will receive a director’s fee, a monthly salary of HK$450,000, discretionary bonus and other benefits, aligning her remuneration with her expanded responsibilities and the group’s policies. She will also join the company’s executive committee from 1 April 2026, signaling a consolidation of leadership and governance that may shape strategic decisions affecting the retailer’s future direction and stakeholder interests.

The most recent analyst rating on (HK:0825) stock is a Hold with a HK$0.34 price target. To see the full list of analyst forecasts on New World Department Store China Limited stock, see the HK:0825 Stock Forecast page.

More about New World Department Store China Limited

New World Department Store China Limited operates department stores and related retail businesses in mainland China and Hong Kong. The group focuses on lifestyle and fashion retailing within large-format stores, positioning itself as part of the broader New World Development ecosystem with exposure to both retail and real estate-linked consumer markets.

Average Trading Volume: 1,654,877

Technical Sentiment Signal: Hold

Current Market Cap: HK$556.4M

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