Highest Ever Annual Sale Total for Handbags & Accessories Globally – HK$154 million / US$20 million
HONG KONG – WEBWIRE – Tuesday, November 28, 2023
MARKING A DECADE OF ASIA PACIFIC MARKET LEADERSHIP
Hong Kong Autumn Auction Sale Total
HK$55 million / US$7 million
94% Sold by Lot
115% Hammer Against Low Estimate
More Than Half of Lots Sold Over High Estimate
Christies proudly marks a decade of market leadership for Handbags & Accessories in Asia Pacific with a 2023 annual sale total of HK$154 million / US$20 million, the highest ever for the category globally. Through its meticulous sale curations in Asia, featuring the most iconic and coveted designs from renowned maisons, Christies is consistently presenting exciting and unique collecting opportunities for fashion lovers worldwide.
This record annual sale total was realised on 25 November 2023, after Christies Handbags & Accessories live auction in Hong Kong reached HK$54,986,400 (US$7,086,983), and was 94% sold by lot, achieving a hammer price 115% against the low estimate. Many of the sensational handbags presented exceeded expectations and over half of lots sold above their high estimates. The category continues to draw in new and younger buyers to Christies as well as significant digital engagement 28% of the buyers were new, millennials accounted for over 70% of new buyers, and more than 40% of collectors acquired pieces through online bidding. The sale attracted global participation from 24 countries across 4 continents.
About Christies
Founded in 1766, Christies is a world-leading art and luxury business with a physical presence in 46 countriesthroughout the Americas, Europe, Middle East, and Asia Pacific, andflagshipinternational sales hubsinNew York, London, Hong Kong, Paris and Geneva. Renowned and trusted for our expert live and online-onlyauctions, as well as bespokePrivate Sales,Christies unparalleled network of specialists offers our clients a full portfolio ofglobal services, including art appraisal, art financing, international real estate and education. Christiesauctionsspan more than80 art and luxury categories, at price points ranging from$500toover $100 million.Christies has sold 8 of the 10 most important single-owner collections inhistory, achieved the world record price for an artwork at auction, launched thefirstfully on-chain auction platformdedicated to exceptional NFT artand managesan investment fundto support innovative startups in the art market. Christies is also committed to advancingresponsible culturethroughout its business and communities worldwide.Tolearn more, browse, bid,discover, and join us for the best of art and luxury atchristies.comor by downloading Christies apps.
* Please note when quoting estimates above that other fees will apply in addition to the hammer price – see Section D of the Conditions of Sale at the back of the sale catalogue.*Estimates do not include buyers premium. Sales totals are hammer price plus buyers premium.
WEBWIRE – Tuesday, November 21, 2023
Subaru of America, Inc. today announced it earned top honors for Customer Loyalty among Mass Market Brand SUV Owners in the J.D. Power 2023 U.S. Automotive Brand Loyalty Study. With a 61.1% loyalty rate, Subaru earned the highest overall score across mainstream SUVs.
With the vast amount of vehicle choices available to consumers today, it is even more meaningful for Subaru to have such loyal customers as part of our Subaru Family, said Jeff Walters, President and Chief Operating Officer, Subaru of America, Inc. We believe in our goal to be More Than a Car Company, and the loyalty displayed by our valued customers reinforces the importance of not only providing a reliable product, but also building a personal relationship.
Now in its fifth year, the J.D. Power U.S. Automotive Brand Loyalty Study examines customer loyalty based on the percentage of vehicle owners who choose the same brand when trading in or purchasing their next vehicle at new vehicle franchised dealers. This years study calculations were based on transaction data from September 2022 through August 2023 and included all model years traded in.
For more information about the J.D. Power Brand Loyalty Study, please visit: About Subaru of America, Inc. Subaru of America, Inc. (SOA) is a wholly owned subsidiary of Subaru Corporation of Japan. Headquartered at a zero-landfill office in Camden, N.J., the company markets and distributes Subaru vehicles, parts and accessories through a network of more than 630 retailers across the United States. All Subaru products are manufactured in zero-landfill plants and Subaru of Indiana Automotive, Inc. is the only U.S. automobile manufacturing plant to be designated a backyard wildlife habitat by the National Wildlife Federation. SOA is guided by the Subaru Love Promise, which is the companys vision to show love and respect to everyone, and to support its communities and customers nationwide. Over the past 20 years, SOA and the SOA Foundation have donated more than $300 million to causes the Subaru family cares about, and its employees have logged nearly 88,000 volunteer hours. As a company, Subaru believes it is important to do its part in making a positive impact in the world because it is the right thing to do. For additional information visit media.subaru.com. Follow us on Facebook, Instagram, TikTok, and YouTube.
This year on 2nd October, CP Outlet of Khadi India has once again set a new record of Khadi sales in a single day. It is noteworthy that the Prime Minister Shri Narendra Modi has appealed on several occasions from national and international forums to buy Khadi and Village Industries products and has mentioned about promoting this sector, which was during the year 2014 at stagnation pace. After the new Government took over, there has been tremendous growth in sale of Khadi. It is also significant to mention that, since October 2016, the one-day sales at khadi India’s flagship outlet in Connaught Place, New Delhi has crossed Rs 1.00 crore marks on several occasions. This has been constantly mentioned by the Prime Minister in his radio talk “Mann ki Baat”.
Prime Ministers’ message of adopting Khadi and strengthening the poor spinners and weavers financially has reached every nook and corner of the country through the radio broadcast program “Mann Ki Baat”, the impact of this was seen in this Gandhi Jayanti i.e. 2nd October 2022 sale.
In a single day, the Khadi India Showroom at Connaught Place, New Delhi marked sale of Rs. 1.34 crores and broke its own previous record of Rs. 1.01 crore set on October 2, 2021. Earlier, the highest single day sale of Khadi stood at Rs 1.29 crore that was recorded on 30th October 2021.
It was for economic, cultural and social reasons and not merely political that Gandhi ji established the Khadi Movement. Taking ahead the same vision of Mahatma, our Prime Minister has endeavoured to promote the Khadi and other village Industries products among masses.
It is also the popularity of our Prime Minister and the respect of the people for him, on whose one call, people of India stand in full support to Khadi. The call of help to the poor artisans to light lamps on Diwali is substantiated in reality.
Currently Prime Minister Shri Narendra Modi’s appeal to buy Khadi in “Mann ki Baat” on 25th September, 2022, before 2nd October, has played a great role in achieving this benchmark record sale said Chairman, KVIC.
Commenting on this, KVIC Chairman Shri Manoj Kumar attributed the increase in the sales of Khadi to the continuous backing of the Prime Minister. He said that due to the appeal of Prime Minister, a large number of people, especially the youth, have been inclined to buy Khadi.
MJPS
Matt King, Republican candidate for State Representative for Ohio’s new 46th House District, receives the highest rating possible of “Highly Recommended” by the Butler County Republican Party Screening Committee. “I will fight for your freedoms and ensure that our government will never shut down businesses and schools ever again and I will defend your 2nd amendment right, medical freedoms and the unborn.” King continued, “I believe life begins at conception and I am proud to receive the endorsement of the Cincinnati Right to Life.” Matt King is also endorsed by the Butler County Sheriff Richard K. Jones and Commissioner TC Rogers. Matt King has positioned himself to be a political outsider in this race and is seeking the 46th House Seat, which consists of Liberty Township, Middletown, Monroe, Madison Township, Lemon Township and St. Clair Township. The Republican primary election will be on August 2. King is a businessman with backgrounds in education, real estate, aviation and energy. “I believe that we need people in office with real world experience. Everything is going up – inflation, property taxes and gas prices. I have the business background that Ohio needs,” Matt King added. For more information, please visit www.electmattking.com. Paid for by Friends of Matt King.Subaru Highest Ranked Mainstream Suvs in 2023 J.D. Power Customer Loyalty Rankings
https://www.jdpower.com/business/press-releases/2023-us-automotive-brand-loyalty-studyKVIC registers the highest ever single-day sale of Rs 1.34 crore at the CP outlet, New Delhi
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