West Palm Beach, FL, Nov 12, 2024 - (ACN Newswire via SeaPRwire.com) - U.S. Polo Assn., the official brand of the United States Polo Association (USPA), has announced an exclusive collaboration with its Global Brand Ambassador, His Highness Maharaja Sawai Padmanabh Singh (Pacho) of Jaipur, India. The premium U.S. Polo Assn. x His Highness Sawai Padmanabh Singh Collection sold in India perfectly merges Jaipur's royal heritage with polo tradition and sports fashion to create an exceptional addition to the U.S. Polo Assn. brand's global offerings.U.S. Polo Assn.The one-of-a-kind Capsule Collection was launched recently at a private party and runway show at Sawai Padmanabh Singh's Palace featuring Bollywood VIPs, media, and influencers, making its debut for the Autumn-Winter 2024 season. Promoted as part of U.S. Polo Assn.'s clever "Born to Play" Campaign, the collection features rich fabrics, intricate crest detailing, and a design style that captures the spirit of both U.S. Polo Assn. and the vibrant city of Jaipur, staying true to the sensibilities of the Maharaja.Sawai Padmanabh Singh is a member of the Royal Family of Jaipur and is the current Maharaja of Jaipur. A professional polo player, Sawai Padmanabh Singh is the ideal Global Brand Ambassador and partner for U.S. Polo Assn., having played for and captained the Indian National Polo Team and has participated in tournaments across Argentina, Australia, Brazil, Canada, Chile, France, Germany, Spain, Thailand, the United Kingdom, the United States and more."For U.S. Polo Assn., this Campaign and Collection has been the perfect partnership because Pacho brings the spirit of sportsmanship and distinctive style that he displays both on and off the field to U.S. Polo Assn.," said J. Michael Prince, President and CEO of USPA Global, which manages the multi-billion-dollar, global U.S. Polo Assn. brand. "As a global polo player who encompasses what our sport-inspired brand is all about - being global, vibrant, authentic, and exciting - Pacho has brought all of these elements to the outstanding U.S. Polo Assn. x His Highness Sawai Padmanabh Singh Collection.""U.S. Polo Assn. is not only proud of this apparel partnership but also to be sponsoring Pacho's Jaipur Polo Team in 2024," Prince added.His Highness Sawai Padmanabh Singh's personal style is evident across the complete collection, from the deep and luxurious colors and textures to the collection's overall sporting style and contemporary elegance. Featured in the stunning "Born to Play" Campaign which can be seen all across India and around the world on social media, billboards, in malls, airports, and other points of interest, are beautiful polo horses and Sawai Padmanabh Singh's very special Marwari horses, which are indigenous to Jaipur."U.S. Polo Assn. means so much to polo and polo players in India and around the world through its global support and promotion of the sport," said His Highness Sawai Padmanabh Singh. "As a U.S. Polo Assn. Global Brand Ambassador and through our partnership on this Collection, my goals are to bring the story of polo in India to the forefront, share my passion for the game, and present an extraordinary Collection that reflects my personal style that consumers in India will love."The U.S. Polo Assn. x His Highness Sawai Padmanabh Singh Collection will be available in select stores across India, online at uspoloassn.in, and exclusively on Myntra, offering consumers an opportunity to own a piece of history reimagined for the contemporary era."This meaningful collaboration with His Highness Sawai Padmanabh Singh marks an important milestone for U.S. Polo Assn. in India," said Amitabh Suri, Chief Executive Officer of Arvind Brands Ltd., U.S. Polo Assn.'s Strategic Partner. "By blending Jaipur's royal heritage with our brand's signature sport-inspired fashion, we've created a Collection that reflects both a rich cultural legacy and modern sophistication, offering consumers a unique opportunity to indulge in our iconic brand in a new and exclusive way."As one of India's leading casualwear power brands, the multi-billion-dollar, global, sport-inspired U.S. Polo Assn. brand launched an exclusive brand-specific website, USPoloAssn.in, earlier this year. U.S. Polo Assn.'s retail store footprint in India is at more than 400 brand stores, and over 2,000 shop-in-shops, across more than 200 cities in India. The brand plans to open nearly 100 more stores in India in the coming few years. Globally, the U.S. Polo Assn. brand is sold in 190 countries and has global retail sales of more than $2.4 billion.About U.S. Polo Assn. and USPA GlobalU.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the governing body for the sport of polo in the United States and one of the country's oldest sports governing bodies, founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,100 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. Historic deals with ESPN and Star Sports in India now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.U.S. Polo Assn. has consistently been named one of the top global sports licensors in the world alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global and digital growth. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world.For more information, visit uspoloassnglobal.com and uspashop.com, and follow @uspoloassn.About ArvindArvind Fashions Ltd., based in Bengaluru is India's No. 1 casual and denim player in the country's retail industry, a lifestyle powerhouse with a strong portfolio of fashion brands catering to consumers across various sub-categories and price points. With a host of renowned brands, both international and indigenous, like U.S. Polo Assn., ARROW, Tommy Hilfiger, Calvin Klein, and Flying Machine. Arvind has a presence across lifestyle brands and value fashion.Visit Arvind, USPoloAssn.in, and follow @uspoloassnindia.Contact InformationStacey KovalskyVP Global PR and Communicationsskovalsky@uspagl.com001-954-673-1331Sneha MahantDirector, Marketing U.S. Polo Assn. India at Arvind Fashions Limitedsneha.mahant@arvindfashions.com+91 9343897011SOURCE: U.S. Polo Assn. Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Nov 12, 2024 - (ACN Newswire via SeaPRwire.com) - Influenced by the easing cycle of overseas central banks and the continuous release of positive policy signals from the Mainland, investor sentiment in the Hong Kong stock market had markedly improved. The IPO market has also recovered significantly. Recently, large-scale IPOs and "A + H" shares in Hong Kong have emerged one after another and won the favor of investors. On November 8, Hong Kong stocks welcomed another high-quality new stock, AuGroup (2519.HK), which officially landed on the Hong Kong Stock Exchange, becoming the "first share of furniture going overseas" in Hong Kong stocks.According to public information, AuGroup is the world's leading cross-border e-commerce segment leader, specializing in quality furniture and home furnishings. In terms of GMV in 2023, the Company ranked first in the B2C overseas e-commerce market for furniture and home furnishings by China-based sellers; and ranked fifth in the global B2C e-commerce market for furniture and home furnishings. In this IPO, the Hong Kong public offering of AuGroup was oversubscribed by 17.7 times, with a final offering price of HK$ 15.600. Deeply Rooted in Furniture and Home Furnishing Cross-border E-commerce Track, with Multi-category and Multi-brand Development Promoting Sustained GrowthAuGroup's strategy is to focus on the furniture and home furnishings market, one of the fastest growing B2C e-commerce market segments with low return rate. Relying on its strong supply chain capability and comprehensive logistics layout, AuGroup is able to rapidly develop diversified, high-quality products with competitive prices to continuously meet the ever-changing market demand. As a result, it has rapidly established a strong market influence in the furniture and home furnishings market.At present, AuGroup has owned many exclusive brands such as ALLEWIE, IRONCK, LIKIMIO, SHA CERLIN, HOSTACK and FOTOSOK, which are popular in the global market. In 2023, 11 of the Company’s brands each had over RMB100 million in GMV. According to Frost & Sullivan, the Company ranked first in six categories in terms of GMV on the Amazon U.S. site in 2023. The Company had a market share of over 10% in ten categories on the Amazon U.S. site in terms of GMV in 2023.It is worth mentioning that, benefiting from diverse offerings, brand equity and strategic market positioning, AuGroup has been able to maintain long-term competitiveness in the unpredictable market, and its risk-resistant capability has been continuously strengthened. In the case of the Amazon Incident, for example, after the loss of results in 2021, AuGroup recovered rapidly from the market impact, with revenue increasing by 22.3% and net profit increasing by 133.1% year-on-year in 2023. In the first four months of 2024, the Company continued its strong rebound trend, with revenue increasing by 16.9% and net profit increasing by 96.2% year-on-year. Building Global Warehousing and Logistics Capabilities and Opening up the Second Growth CurveIn the field of cross-border e-commerce, logistics is one of the core competitiveness, which is related to cost, efficiency and commodity safety. With years of accumulated industry expertise, AuGroup has established a global multi-tiered warehousing and logistics network that is tailored to medium-to-large goods through Shenzhen Westernpost, and developed proprietary logistics solution management systems to manage and optimize all key stages of the logistics chain, effectively tackling the pain points of high costs and long delivery times associated with logistics solutions for medium-to-large goods.Through self-built logistics, combined with third-party logistics solutions and e-commerce platform logistics services, AuGroup is able to effectively reduce the cost of logistics by using flexible delivery options according to diverse shipping needs. In 2021, the ratio of cost of sales to revenue of the Company was 79.1%, and in 2023, the ratio dropped to 65.5%.In addition to providing logistics services to its own e-commerce business, AuGroup also provides logistics solutions globally under the pre-sale stocking model to customers, including domestic consolidation in China, first-mile international freight services, overseas transit, overseas warehousing and order dispatch, to further broaden revenue sources and enhance profitability. From 2021 to 2023, the Company's revenue from logistics solutions increased from RMB490 million to RMB1,653 million, representing a CAGR of 83.7%, and its revenue share increased from 5.4% to 19.0%. In the first four months of 2024, the revenue from logistics solutions reached RMB583 million, representing a year-on-year increase of 66.8%, and the revenue share further increased to 20.6%, which has formed the second growth curve of the Company.Thanks to the gradual optimization of cost structure and diversified revenue sources, the profitability of AuGroup continues to rise. From 2021 to 2023, the Company's gross profit margin increased from 20.9% to 34.5%, representing an increase of 13.6 percentage points.In terms of industry development, the rapid development of digital economy, the change of consumers’ consumption habits and the rise in the demand for cost-effective furniture and home furnishings will drive the global furniture and home furnishings market to continue to grow rapidly in sales through online channels. As a leading enterprise in the industry, with its own supply chain advantages and global warehousing and logistics capabilities, AuGroup is expected to seize the development opportunities of the industry and promote the continuous growth of its furniture and home furnishing business and logistics solutions. Its performance after listing is worth looking forward to. Copyright 2024 ACN Newswire via SeaPRwire.com.

Estonia, Nov 12, 2024 - (ACN Newswire via SeaPRwire.com) - Voy Finance has partnered with GDA Capital, following their win at the Next Top Blockchain Startup competition, hosted by GDA Capital, and unlocked an investment of up to $500K. This strategic partnership is set to propel Voy Finance towards revolutionizing the traditional RWA and global trade finance industry.RWA stands for "Real-World Assets" and refers to traditional, tangible assets such as commodities, real estate, and invoices. These assets are typically used in trade finance as collateral for loans. However, RWA-based financing can be a lengthy and cumbersome process, making it difficult for small businesses to access the necessary funds. With the use of blockchain technology, Voy Finance streamlines this process, providing faster and more efficient financing options for businesses of all sizes.Voy Finance, a decentralized finance platform built on the Ethereum blockchain, offers users access to secure and efficient trade finance infrastructure. Traditionally, the trade finance market has been dominated by financial institutions, making it difficult for small and medium-sized enterprises to access the necessary funding for international trade. Voy Finance aims to disrupt this industry by providing a decentralized and transparent alternative.Key Partnership Highlights:- According to the founder of Voy Finance, Lee Tarone, this strategic partnership with GDA Capital will not only bring in necessary financial resources but also their expertise in capital markets. With GDA's support, Voy Finance is set to expand their total value locked (TVL) and bring in a team of experienced advisors, who have completed billions in transaction value, who will guide the platform towards success.- Lee elaborates, "I can't wait to drive VOY to unicorn and completely upend the RWA and global trade finance scene". This partnership between Voy Finance and GDA Capital is a significant step towards making trade finance more accessible and efficient for all businesses, big or small. With the use of blockchain technology, Voy Finance ensures secure and transparent transactions, reducing the risk for both lenders and borrowers”.Quote from Key ExecutivesThis partnership is a testament to the potential of decentralized finance in revolutionizing traditional industries. As blockchain technology continues to evolve and gain widespread adoption, we can expect to experience rapid expansion of decentralized solutions solving real world business challenges. By proving themselves to be a viable and efficient alternative, decentralized finance platforms like Voy Finance are paving the way for a more inclusive and accessible global economy.“VOY Finance’s unique approach to decentralizing trade finance through blockchain technology aligns perfectly with our mission to support disruptive projects that address real-world challenges that accelerate mainstream adoption of digital assets and blockchain technology," said Michael Gord, CEO of GDA Capital. "This partnership allows us to bring both capital and extensive expertise to a platform that is redefining access to trade finance for businesses of all sizes. We’re excited to support VOY’s journey toward transforming the RWA and global trade finance markets and look forward to helping them reach new milestones in this rapidly evolving space.”About VOY FinanceVoy Finance is a decentralized finance platform that bridges on-chain liquidity with Tradetech through innovative real-world asset (RWA) securitization and tokenized crowdfunding. By transforming illiquid assets such as NFTs, invoices, receivables, bonds, and shares into easily tradable digital tokens, Voy Finance unlocks new liquidity streams and investment opportunities.About GDA CapitalGDA Capital is a leading global digital asset and blockchain technology investment firm. With a diverse portfolio of investments across various sectors, GDA Capital is committed to driving innovation and providing strategic advisory services to businesses worldwide.For more information, please contact: Lee TaroneFounder, Voy FinanceEmail: lee@voy.financeWebsite: http://voy.finance Michael GordFounder, GDA CapitalEmail: michael@gda.capitalWebsite: www.gda.capital Copyright 2024 ACN Newswire via SeaPRwire.com.