2024 U.S. Open Polo Championship(R) Closes Out Historic High-Goal Season at the Sport’s Premier Destination in Palm Beach County, Florida

WELLINGTON, FL, Apr 23, 2024 – (ACN Newswire) – The 2024 U.S. Open Polo Championship® has officially closed out the American high-goal polo season at the USPA National Polo Center (NPC), the sport’s premier destination. The historic tournament was played from March 22 to April 21 and ended with a thrilling win by La Dolfina over Valiente in a score of 10-7 in front of a record crowd.

The U.S. Open Polo Championship is universally considered the most prestigious tournament in the United States and showcases some of the world’s best polo players and equine athletes. The sport-inspired U.S. Polo Assn. brand supported the historic U.S. Open Polo Championship by co-branding jerseys for teams, elevating NPC staff uniforms, umpire outfitting, player prizes, and monetary donations to several charities.

Held at the U.S. Polo Assn. Stadium Field at NPC, the U.S. Open Polo Championship Final was played in front of a sold-out crowd and broadcast to a large global audience across multiple ESPN platforms. Event attendees watched the historic match from the sidelines, in stadium boxes, tailgate tents, the grandstands, or from the U.S. Polo Assn. MVP Lounge, home to the luxurious Sunday Polo Brunch. Sports fans at the tournament also had the opportunity to shop for Official U.S. Open Polo Championship Merchandise, sold exclusively on-site at the NPC Retail Shop.

The action-packed final game on Sunday, April 21, was fast-paced and filled with great plays from the world’s best players on both teams, such as Alejandro Aznar, Poroto Cambiaso, Rufino Merlos, and Tomas Panelo on La Dolfina and Adolfo Cambiaso, Mariano ‘Peke’ Gonzalez Jr., Paco de Narvaez Jr., and Joaquin ‘Pelo’ Vilgre La Madrid on Valiente. For the first time, the rivalry between father Adolfo Cambiaso, on Valiente, and son Poroto Cambiaso, on La Dolfina, faced off in the U.S. Open Polo Championship, captivating spectators as they battled for victory. La Dolfina prevailed in the closing minutes of the 6th chukker, taking home the illustrious U.S. Open Polo Championship title and the highly coveted trophy for the first time in organization history. La Dolfina’s goals were collectively scored by Poroto Cambiaso with three goals, his second appearance in the U.S. Open Polo Championship, Rufina Merlos with one goal during his tournament debut, and a team-high of six goals by Tomas Panelo during his first appearance in the tournament.

“Congratulations to La Dolfina on an incredibly well-fought victory in one of the sport’s most historic tournaments, the U.S. Open Polo Championship. All teams throughout this tournament and others during the American high-goal season at the USPA National Polo Center are excellent examples of sportsmanship, teamwork, and dedication to the sport of polo,” said Stewart Armstrong, Chairman of the United States Polo Association. “Thank you to all of our athletes, sponsors, and sports fans for making this another unforgettable season for the United States Polo Association.”

Throughout the season, U.S. Polo Assn., the official brand of the United States Polo Association (USPA), has donated some $100,000 to polo charities and equine welfare, including the following organizations: Homes for Horses CoalitionMuseum of Polo and Hall of Fame, Polo for LifePolo Players Support GroupPolo Pony RescuePolo Training FoundationReplay PoloRetired Racehorse ProjectSt. Mary’s Medical CenterVinceremos Therapeutic Riding Center, and Work to Ride Program.

“U.S. Polo Assn. is honored to once again support the U.S. Open Polo Championship and promote sports tourism in beautiful Palm Beach County through iconic tournaments held at the USPA National Polo Center and shown on ESPN platforms. This historic tournament is one of the top sporting events of the spring season, alongside NCAA Basketball, The Masters, and the Kentucky Derby,” said J. Michael Prince, President and CEO of USPA Global, the company that manages the multi-billion-dollar U.S. Polo Assn. brand. “As another successful high-goal, American season is closed out, we look forward to next year and bringing the sport of polo to even more sports fans and consumers locally and around the world.”

Relive the excitement by watching the broadcast of the U.S. Open Polo Championship on ESPN2 on Sunday, April 28, at 8:30 p.m. EDT, as well as on ESPNews and ESPN Deportes in the Spanish language. Check your local listing for air times.

About U.S. Polo Assn. and USPA Global

U.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. A recent, multi-year deal with ESPN to broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., has made 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 alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized around the world with awards for global growth, expansion, licensing, and digital growth. Due to its tremendous success as a global brand, particularly in the last five years, 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 follow @uspoloassn.

USPA Global is a subsidiary of the USPA and manages the global, multi-billion-dollar U.S. Polo Assn. brand. Through its subsidiary, Global Polo Entertainment (GPE), USPA Global also manages Global Polo TV, which provides sports and lifestyle content. For more sports content, visit globalpolo.com.

About the United States Polo Association® (USPA)

The United States Polo Association was organized and exists for the purposes of promoting the game of polo, coordinating the activities of its Member Clubs and Registered Players, arranging and supervising polo tournaments, competitions, and games, and providing rules, handicaps, and conditions for those tournaments, competitions, and games, including the safety and welfare of participants and mounts. Founded in 1890, the USPA is the national governing body for the sport of polo. The USPA is currently comprised of almost 200 member clubs with thousands of individual members and oversees 40 national tournaments. For more information, please visit uspolo.org.

Contact Information
Stacey Kovalsky
VP Global PR and Communications
skovalsky@uspagl.com
+001.561.790.8036

Shannon Stilson
VP, Sports Marketing & Media
sstilson@uspagl.com
+001.561.227.6994

SOURCE: USPA Global Licensing Inc.

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View the original press release on newswire.com.



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Navan AI launches niia.ai, a generative AI-driven platform for the apparel & fashion industry

Singapore, Apr 9, 2024 – (ACN Newswire) – Navan AI(https://navan.ai), a generative AI and computer vision solutions company headquartered in Singapore, is pleased to announce the commercial launch of its FashionTech platform niia.ai (https://niia.ai) after a successful months-long trial run with a selection of fashion brands in Singapore and India.


Using the power of generative AI, niia.ai delivers significant time and cost savings to apparel designers, while complementing their creativity and enabling them to explore and experiment with various options. A typical 10-step process from ideation to market that can take weeks can now be executed in half the number of steps, in a matter of hours.

With niia.ai, designers will be able to create design variations or entirely new designs by simply describing their ideas. The visualization feature lets them get a 360-degree view of the product, “try out” the design on AI-generated fashion models and generate photoshoot-quality images. Eliminating the need to sample a design by actually printing it on a piece of cloth not only saves money, but also more importantly cuts waste and makes apparel design more sustainable.

“We are excited to roll out niia.ai for anyone involved in apparel and fashion design, from individual and boutique designers to large apparel brands. No longer do designers have to feel constrained by time and money to see their design ideas take shape,” said Santosh Rout, Founder and CEO of Navan AI. “With our low-cost SaaS-model pricing, niia.ai is transformative and democratizes apparel design, empowering fashion designers to give flight to their creativity with speed, efficiency and cost-effectiveness.”

“A couple of years ago, the Singapore Fashion Council had envisioned Singapore as a hub for the Asian fashion industry. The emphasis was on technological innovation and sustainability, thereby differentiating itself from other cities renowned as ‘fashion centres’. I am optimistic and confident that niia.ai can play an important role in placing Singapore on the global fashion design map.”

Apparel designers can enroll for a free trial or opt for one of the paid subscription plans to avail of the full power of the AI-driven FashionTech platform – https://niia.ai

About Navan AI

Headquartered in Singapore, Navan AI (https://navan.ai) is a generative AI and computer vision solutions company, founded by technology entrepreneur Santosh Rout, an alumnus of the prestigious Indian Institute of Technology, Kanpur. Navan AI is committed to helping businesses leverage the transformative power of AI and computer vision to achieve exponential gains in their operations. Its solutions serve clients across diverse industries including manufacturing, healthcare, and retail, to name a few. The company’s flagship SaaS-product for the fashion industry, niia.ai, seeks to make apparel designing and marketing fast, cost-effective, and sustainable.

Media contact
Mr.Santosh Rout,
Founder & CEO, Navan AI
Tel: +65 8608 9171
E-mail: connect@navan.ai



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Global Sports Brand U.S. Polo Assn. Delivers Record $2.4 Billion in Retail Sales for 2023, Targets $3 Billion and 1,500 U.S. Polo Assn. Stores

West Palm Beach, FL, Apr 2, 2024 – (ACN Newswire) – USPA Global has announced that U.S. Polo Assn., the official brand of the United States Polo Association (USPA), has delivered a record $2.4 billion in global retail sales in 2023.

The global sports brand’s record growth is the result of expanding its existing sizeable footprint across all regions around the world. U.S. Polo Assn. has seen a balanced growth strategy with significantly increased market share in more mature markets, such as North America and Western Europe, while delivering exponential growth in emerging markets such as Asia, Latin America, the Middle East, and India. In fact, the brand is targeting to become a billion-dollar business in India alone, as U.S. Polo Assn. is an international power brand and the top-selling casual menswear brand in the country.

The brand’s footprint is a fast-growing presence across 190 countries, with over 1,100 U.S. Polo Assn. retail stores and thousands of wholesale locations spanning department stores, sporting goods channels, and independent retailers, as well as e-commerce. U.S. Polo Assn. continues to climb the retail ranks as one of the largest global licensed sports brands in the world, ranking in the top five alongside the NFL, MLB, and NBA, according to License Global.

U.S. Polo Assn.’s strong execution has relied on a global focus regarding the brand’s worldwide store expansion. The brand has grown its global fleet to more than 1,100 U.S. Polo Assn. stores, targeting over 1,500 in the next several years. For 2023, new stores and existing strategic stores around the world have been enhanced with a more elevated brand and sports concept, providing consumers with an authentic experience when engaging with the brand.

U.S. Polo Assn. also built on its successful digital strategies to generate record growth in e-commerce with some 50 brand sites in 20 languages in 2023. U.S. Polo Assn. continues to grow its digital presence and global momentum on social media, with some 8 million followers worldwide.

“Our global team and strategic partners around the world delivered another record financial performance in 2023 while also achieving many major milestones across our product lines and global expansion efforts,” noted J. Michael Prince, President & CEO of USPA Global. “We continue to execute our aggressive product, store, digital, and international growth strategies to further expand our global footprint in key cities and markets worldwide, while also increasing the overall interest in the sport of polo.”

Prince added, “Despite the many challenges over the past several years facing global retail, U.S. Polo Assn. was able to exceed our goal of $2 billion three years early and has set a target to hit $3 billion and 1,500 U.S. Polo Assn. stores in the near future.”

True to the heritage of the brand, U.S. Polo Assn. maintains a strong connection to the sport of polo. By signing a recent landmark multi-year global deal with ESPN, the thrilling sport now has exposure to a massive global audience, extending to many parts of the world with reach to millions of households and multiple digital channels. The sport’s iconic U.S. Open Polo Championship®, which is broadcast by ESPN, now sits alongside the elite company of The Masters and Kentucky Derby as one of the country’s most prestigious spring sporting events.

In addition, the USPA now owns the USPA National Polo Center (NPC), the sport’s premier destination in North America. The 2024 American High-Goal Polo Season has brought record crowds and sellout Sundays, with the best polo in the world from January-April. Nestled in beautiful Palm Beach County, Florida, this outstanding venue spans 160 acres, encompassing multiple grass polo fields, fine dining, tennis courts, stadium seating, a swimming pool, and the NPC Retail Shop. Exciting updates to the world-class facility are slated for 2025.

“We continue to seek avenues and partnerships to expand into new global markets, as well as new and innovative areas of business. The combination of these factors, alongside our authentic connection to the sport of polo and outstanding global brand marketing, is the key to our global success,” Prince adds. “I am optimistic about the U.S. Polo Assn. global business maintaining its leadership position among its industry peers while gaining market share and our ability to reach over $3 billion in worldwide sales and 1,500 U.S. Polo Assn. retail stores in the coming years.”

“Today, I am proud to say that our U.S. Polo Assn. global ecosystem is comprehensive of both the brand and the sport, with our $2.4 billion global sport-inspired brand, a global sports content platform with ESPN, and ownership of NPC, one of the sport’s most beautiful and prestigious venues,” concludes Prince.

About U.S. Polo Assn. and USPA Global

U.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. A recent, multi-year deal with ESPN to broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., has made 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 alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized around the world with awards for global growth, expansion, licensing, and digital growth. Due to its tremendous success as a global brand, particularly in the last five years, 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 follow @uspoloassn.

USPA Global is a subsidiary of the USPA and manages the global, multi-billion-dollar U.S. Polo Assn. brand, providing the sport with a long-term source of revenue. Through its subsidiary, Global Polo Entertainment (GPE), USPA Global also manages Global Polo TV, which provides sport and lifestyle content. For more sports content, visit globalpolo.com.

Contact Information
Stacey Kovalsky
VP Global PR and Communications
skovalsky@uspagl.com
+001.561.790.8036

Kaela Drake
PR & Communications Specialist
kdrake@uspagl.com
+001.561.461.8596

SOURCE: USPA Global Licensing Inc.



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Forward Fashion Announced 2023 Annual Results

HONG KONG, Mar 29, 2024 – (ACN Newswire) – Forward Fashion (International) Holdings Company Limited (“Forward Fashion” or the “Group”; Stock Code: 2528), a creative integrated group with three synergistic business segments – fashion, art and lifestyle, today announced its annual results for the year ended 31 December 2023 (“FY2023” the “Period”). Due to the increase in the number of visitors to Macau and the improvement in the Macau retail market in 2023 increased to HKD1,007.8 million, representing a year-on-year 5.0% increase.

During the Period, revenue from the multi-brand stores was HK$190.3 million, while revenue from the mono-brand stores was HK$685.0 million, both record an increase of 2.5% and 44.3% respectively. Revenue from Store management and consignment services surged 110.5% to HK$65.0 million. Gross profit increased by 3.0% to HKD467.8 million, while Gross profit margin down from 47.3% to 46.4%. The Group recorded a net loss of HKD19.8 million for 2023 comparing with a net loss of HKD36.5 million in 2022 mainly attributable to the increase in subsidy from suppliers.

The revenue generated from Macau for 2023 increased to HKD481.6 million, representing a year-on-year increase of 9.9%, mainly attributable to the increase in the number of visitors to Macau in 2023 by 394.9% year-on-year while the total visitor expenditure increased by 292.2% year-on-year. The revenue generated from Mainland China recorded HKD426.1 million in 2023, representing a year-on-year decrease of 5.3%. The revenue generated from the sales in Hong Kong and Taiwan recorded a year-on-year increase of 31.6% and 283.7%, respectively.

Milestones in Business Upgrades: Pioneering Integration of Art, Fashion, and Lifestyle

Throughout the year, Forward Fashion achieved significant milestones in its business upgrades, reinforcing its position as an innovative leader in the integration of art, fashion, and lifestyle. Artelli, the multi-dimensional premium art space under Forward Fashion, expanded its presence to Hong Kong, Shanghai, and Taipei, hosting notable exhibitions and showcasing exclusive art projects including the “BE@RBRICK WORLD WIDE TOUR 3” exhibition in Hong Kong, the “Attack of Clone Venus” exhibition in collaboration with Japanese artist Takeru Amano in Macau, the partnership with emerging artist Chen Wei Zhu in Shanghai, and the “Artelli exclusive: Satoru KOIZUMI Meets Taiwan – World Debut of Disney’s Mickey Collection” exhibition. In addition, Forward Fashion launched ASCE (Art Space for Contemporary Expression), its first diverse and explorative art hub in Hong Kong and Macau in 2023, providing an accessible and trendy collection for the public, complementing Artelli’s premium offerings.

These initiatives not only enhanced the artistic and cultural landscape of the regions but also solidified Forward Fashion’s role as a key organizer, co-organizer, and curator of Art Macao, a prominent annual international art event. Through collaborations with major integrated resort operators in Macau, Forward Fashion delivered high-quality art content, created diverse and immersive arts and cultural experiences, contributing to the development and promotion of culture and the arts, further establishing Macau as an appealing travel destination.

Furthermore, a notable highlight of the year was the highly anticipated opening of Galeries Lafayette Macau at the YOHO Treasure Island Resorts World Shopping Centre. Galeries Lafayette Macau has quickly become a fashion and art landmark, offering a seamless blend of luxury shopping and artistic experiences. This accomplishment further underscores Forward Fashion’s success in integrating art, fashion, and lifestyle while providing diverse and upscale shopping experiences for fashion enthusiasts.

Mr. Patrick Fan, Founder, Chairman of the Board and Executive Director of Forward Fashion (International) Holdings Company Limited, said, “Last year, the group implemented a series of adjustments and measures in its business and operations. We firmly believe that these initiatives will bring forth new hope and opportunities for the group. Looking ahead, Forward Fashion acknowledges the gradual recovery of the market and the increased willingness of customers to consume. With the rise in visitor numbers to Macau, increased visitor expenditure, and the growth of GDP in Mainland China, positive signs of progress are evident. With prudent assessment and investment in new projects, the Group aims to sustain positive business development and further enhance the interests of both the Group and its shareholders.”

About Forward Fashion (International) Holdings Company Limited

Forward Fashion (International) Holdings Company Limited is an integrated group with three synergistic business segments – fashion, art, and lifestyle – and a commitment to creating innovative retail business model. With a track record of managing over 100 brands, the Group has helped many brands to establish their first presence in Greater China. In recent years, the Group has actively enhanced its operations and developed its own brands, such as Artelli, ASCE, UMJ, WF Fashion, to further enrich its brand portfolio. Leveraging its extensive retail experience and IP resources, the Group has spearheaded exclusive collaborations with brands and cultural and art communities to expand into the international market.

Mr. Fan Wing Ting, Patrick, is the founder, chairman and executive director of Forward Fashion Holdings. In 2005, he founded the first company of the Group in Hong Kong focusing on fashion apparel retail in Greater China. Following the Group’s 2020 listing on the Main Board of The Stock Exchange of Hong Kong Limited, Forward Fashion has embarked on eCommerce platforms and introduced international fashion and artistic brands and visionary international art projects to Greater China. The Group aims to cater for the preferences and needs of local youths and promotes business diversification.

Media Enquiry
Strategic Financial Relations Limited
Mandy Go, Tel:+852 2864 4812
Shelly Cheng, Tel:+852 2864 4857
Iris Au Yeung, Tel:+852 2114 4913
sprg_forwardfashion@sprg.com.hk

 



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Fashion Hong Kong 2024 pop-up store in Paris draws strong response

HONG KONG, Mar 26, 2024 – (ACN Newswire) – The Hong Kong Trade Development Council (HKTDC) launched a series of Fashion Hong Kong 2024 campaigns this month, introducing the global fashion industry to the unique charm of Hong Kong’s designer brands. The such promotion campaign overseas, Hong Kong Pop-up Design à Paris successfully concluded in France on 25 March, having drawn support from Parisian consumers, fashion journalists, trade buyers and bloggers. Curated by the HKTDC and supported by the Hong Kong Economic and Trade Office in Brussels, the campaign’s pop-up shop showcased 11 emerging Hong Kong designer brands, bringing a wide range of fashion products such as clothing, leather goods, jewellery, and accessories to Parisian consumers and trade buyers, promoting cultural and business exchanges between France and Hong Kong.  

Fashion Hong Kong has joined renowned events such as international fashion weeks since 2015 to showcase Hong Kong’s unique and diverse designers. Campaign visits have included New York, London, Paris, Copenhagen, Tokyo, Seoul and Shanghai. In parallel with the Paris pop-up store, Fashion Hong Kong will also hold promotional campaigns in Thailand and Shanghai, and will continue to promote Hong Kong brands, supporting their expansion into markets in Mainland China and overseas.  

Wide range of fashion creations showcased in Paris

The Paris pop-up store featured 11 Hong Kong designer brands and brought a series of personalised designs focusing on sustainable fashion, art, culture and craftsmanship to global fashion capital Paris. Sustainable fashion products have become popular in recent years, with brands such as ARTY:ACTIVE, Coat Tote, OLEADA and SOULMATTE demonstrating commitment to the environment by using sustainable design concepts, materials and processes. The pop-up also showcased a range of art and culture design brands, such as ditto ditto, JARDIN DES FONTAINES and Pair Pair Full. Highlights included Victoria Harbour magnets made with letterpress techniques, printed accessories with urban and animal motifs, and funky, mismatch- socks with patterns of Hong Kong anecdotes. The pop-up store also highlighted the craftsmanship of KKLUE, La Serenidad, LOUISE CASTLE and WHY brands, combining traditional craftsmanship and innovative design to create one-of-a-kind items of jewellery, bow ties and clothing.  

Fashion Hong Kong launched around the world

To help Hong Kong sports and leisure brands seize booming e-commerce opportunities in the ASEAN market, Fashion Hong Kong has partnered with lifestyle e-commerce platform Pinkoi to set up a dedicated page on its Thailand-specific e-commerce platform, promoting eight Hong Kong sports and leisure brands, helping the brands deploy cross-border e-commerce to sell in Thailand and explore overseas markets. The promotion will run until 9 April.  

From 23 March to 13 April, Fashion Hong Kong will showcase a range of new products from Hong Kong fashion brands in a promotional event at RESEE, a trendy boutique in Huaihai 755 Shopping Mall in Shanghai, helping the brands capture business opportunities brought by Shanghai Fashion Week. From 24 to 29 March, Fashion Hong Kong will also participate in DADA Showroom, the official B2B showroom partner for Shanghai Fashion Week, to arrange business matching meetings between brand designers and fashion professionals, helping the designers network and find business opportunities.  

Fashion Hong Kong: https://fashionhongkong.com.hk/en

Photo Download: https://bit.ly/4csLLgD

11 Hong Kong brands in Paris:

 

 

A group of purses on a shelfDescription automatically generated

ARTY:ACTIVE

Coat Tote

OLEADA

A rack with towels on itDescription automatically generated

A close-up of a magnetDescription automatically generated

A round white plate with cartoon images on itDescription automatically generated

SOULMATTE

ditto ditto

JARDIN DES FONTAINES

Several pairs of socks on a wallDescription automatically generated

A white box with gold necklaces and earringsDescription automatically generated

A close-up of a jewelry displayDescription automatically generated

Pair Pair Full

KKLUE

La Serenidad

A bow tie in a boxDescription automatically generated

A mannequin in a room with clothes on swingersDescription automatically generated

A window with a sign on itDescription automatically generated

Louise Castle

Why

Hong Kong Pop-up Design à Paris

 

Media enquiries
For enquiries, please contact:
HKTDC Communication and Public Affairs Department:
Snowy Chan, Tel: (852) 2584 4525, Email: :snowy.sn.chan@hktdc.org

HKTDC Newsroom: http://mediaroom.hktdc.com/en

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

China Lilang Announces 2023 Annual Results

HONG KONG, Mar 18, 2024 – (ACN Newswire) – China Lilang Limited (“China Lilang” or the “Company”, together with its subsidiaries, the “Group”; stock code: 1234) today announced its 2023 annual results.

Mr. Wang Dong Xing, Chairman and Non-Executive Director of China Lilang, said:

“In 2023, China welcomed its first year of recovery after three years of pandemic. Despite the continued complex and ever-changing global situation, the economy in Mainland demonstrated resilience. Under the guidance of the encourage consumption policy by the Central Government, the retail market has gradually recovered and achieved a moderate growth in the second half of the year. During the year, the Group pushed forward the Lilang brand’s strategic upgrade, achieving both revenue and profit growth, and laying a solid foundation for future sustainable development.”

For the year ended 31 December 2023, the Group’s revenue increased by 14.8% year-on-year to RMB3.544 billion. The increase in sales was mainly due to the resumption of normal operations of all stores together with the resumption of social activities. In addition, the turnover of smart casual business increased significantly by 35.2% due to the opening of more new stores and the increase in single-store sales and average unit price. The distributors of the core collection had to digest the inventory from 2022, which suppressed the order growth in 2023. Sales of the core collection increased by 10.7%.

Gross profit margin was 48.2%, an increase of 2.2 percentage points year-on-year. This was attributable to the significant growth in sales of the self-operated smart casual business during the year, and an increase in the proportion of high-end products in total sales as a result of the strategy of maintaining high quality and value. Net profit climbed by 18.4% year-on-year to RMB530 million. Net profit margin increased by 0.5 percentage points to 15.0%. Basic earnings per share were RMB44.30 cents, representing a year-on-year increase of 18.4%.

During the year, the Group maintained a healthy financial position and sufficient cash flow. The Board of Directors has recommended the payment of a final dividend of HK13 cents per share and a special final dividend of HK5 cents per share. Together with the interim dividend already paid, total dividend for the year amounted to HK36 cents per share, representing an increase of 12.5% from last year, and maintaining a stable dividend payout ratio.

The Group continued to promote its new retail business by vigorously developing interactive and entertaining live-streaming sales models to enhance consumer’s online shopping experience and stimulate their desire to buy. Leveraging the complementary advantages of direct-to-retail online stores and WeChat Mall, the e-commerce business achieved a growth rate of 17.6% for the year, outperforming the overall growth rate.

The Group has been actively reforming its sales channels. After three years of hard work, the Group has established four sales channels: the distribution and consignment models of the core collection, the direct-to-retail stores of the smart casual collection and the direct-to-retail stores under the e-commerce sales model. This has allowed the Group to closely match its products and services with the purchasing patterns of Chinese menswear consumers and drive sales growth. During the year, each of the sales channel has recorded profit and sales per store increased significantly, further reflecting the effectiveness of the sales channel reform. As of the end of 2023, the Group had a total of 2,695 stores, including 302 smart casual collection stores and a total of 2,393 core collection stores, representing a net year-on-year increase of 51 stores.

With respect to inventory management, 22 more outlet stores were opened and sold seasonal products that were not sold in other stores. The sold-out rate of core collection and smart casual stores has increased. The new logistics center became operational, together with its intelligent logistics system has accelerated the delivery speed of goods to stores, while improving inventory control and achieving cost reduction. As at the end of 2023, the Group’s average inventory turnover days decreased by 25 days from the end of 2022 to 170 days, reflecting a more efficient level of inventory management.

In terms of brand promotion, the Group sells menswear products comprising two collections – the core collection and the smart casual collection. It continues to provide consumers with high-quality simple menswear and new wearing experiences for fashionable items, enhancing the brand’s appeal through the concept of “Simplified Design Excellent Quality”. During the year, the Group launched a re-designed logo. Based on the original logo, the visual proportion and graphic design have been optimized to enhance the brand’s vitality and sense of fashion. In addition, store spaces use immersive technology installations that create a chic environment suitable for young people.

Looking at 2024, faced with an ever-changing international environment and domestic economic challenges, the Central Government has designated 2024 as the “Year of Consumption Promotion” to boost market confidence and stimulate the vitality of the retail sector. China Lilang has responded positively. It plans to further upgrade the brand image of “Lilang Minimalist Menswear” through innovative product development and differentiated brand strategies, coupled with a sales channel that is more geared towards young consumers, to cater for and lead in satisfying the needs of consumers, as well as further enhance its sales performance.

The Group plans to achieve a net increase of 100-200 stores, particularly in upscale shopping malls and outlet malls in provincial capitals and prefecture-level cities. It will also vigorously develop a new retail business, offering personalized shopping experiences via live-streaming on Tik Tok, in order to have close contact with consumers. The Group aims for the new retail business to achieve year-on-year sales growth of 20% and overall sales growth of 15% in 2024. In addition, the Group plans to complete the seventh-generation renovation project for 400 stores to enhance the brand image and shopping experience of consumers.

In terms of product positioning, the Group will continue its strategy of providing products that represent “high quality and value” and will continuously introduce innovative and differentiated new products to meet consumers’ desire for personalized clothing. With the successful inventory clearance and further reduction of off-season inventory, the Group will intensify the launch of new products to increase the proportion of higher-priced new items, thereby improving the average selling price and the overall profitability of the products.

To enrich the product portfolio of China Lilang and strategically upgrade the existing brands, the Group has implemented a new “multi-brand and internationalization” development strategy and is actively seeking collaborations with other brands to provide consumers with diversified choices and to meet their different clothing preferences. With a well-established sales network in the Mainland China, and an increasingly interconnected global market, the Group plans to propel the brand to the global stage, expanding into the overseas markets. The Group believes that the internationalization of its brand will not only bring about a new style for the Group and enrich the product design, but also broaden its sources of revenue and welcome more market opportunities.

Mr. Wang Dong Xing concluded:

“In the long run, China Lilang will steadfastly uphold its mission to deliver stylish menswear with superior quality and value to its customers; enhancing the competitiveness of our brand with unique product designs and marketing promotions; and further consolidating the Group’s leading position in the menswear industry, thereby enabling sustainable and long-term growth of the business for our supportive shareholders, colleagues and customers.”

About China Lilang

China Lilang is one of the leading PRC menswear enterprises. As an integrated fashion enterprise, the Group designs, sources and manufactures high-quality business and casual apparel for men and sells under the LILANZ brand across an extensive distribution network, covering 31 provinces, autonomous regions and municipalities in the PRC.



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

U.S. Polo Assn. Opens India’s Largest Brand Store in Bengaluru, India

West Palm Beach, FL, Mar 14, 2024 – (ACN Newswire) – U.S. Polo Assn., the official brand of the United States Polo Association (USPA) and India’s leading casualwear brand, has opened its largest store in the country in Bengaluru, India. Spanning over 6,000 sq. ft. across three floors, the modern store is located in Jayanagar, one of India’s largest residential hubs with an affluent mixed residential and commercial community. U.S. Polo Assn. continues to transform the retail landscape for the brand in India, as it grows its position and targets $1 billion in sales in the country alone in the coming years.

An Authentic Connection

With an authentic connection to the sport of polo, the new retail space boasts modern decor and sport-inspired accessories that take shoppers through the brand story to enhance the consumer shopping experience. The store highlights the sporty elements of the brand while showcasing elements of fashion and style and keeping U.S. Polo Assn. product the core focus. There is also the well-recognized “polo shirt wall” that embodies the spirit of the brand’s classic and timeless polo shirt.

“An important part of the brand’s growth strategy is about omnichannel marketing and engaging the customer where they want to be,” said J. Michael Prince, President and CEO of USPA Global, the company that manages and markets the U.S. Polo Assn. brand. “By focusing on brick-and-mortar global flagship stores like this one in Bengaluru that is very special, U.S. Polo Assn. fans can experience the brand at home through our digital site or in-store, all with a great experience, beautiful sport and fashion imagery, as well as authentic storytelling.”

Iconic Store

The U.S. Polo Assn. store at Jayanagar also marks a very special milestone, as the first store in India to launch the new Spring-Summer ’24 Womenswear Collection, which was previously only available online. This global flagship is also the first location to house the entire range of product categories that the brand has to offer including USPA Mainline, USPA Sport, USPA Denim & Co., womenswear, footwear, kidswear, accessories, and innerwear. Classic polo shirts, oxfords, denim, sweaters, jackets, and t-shirts are just a few of the timeless favorites that are included in the featured collection.

“Our flagship store at Jayanagar isn’t just a brick-and-mortar expansion, it’s a statement and a one-of-a-kind experience for Bengaluru customers, speaking volumes about the prowess of U.S. Polo Assn., a brand as legendary as the sport itself,” said Amitabh Suri, CEO, U.S. Polo Assn. India. “Bengaluru has been a fast-growing market for USPA over the past few years, making it the perfect choice to open our largest flagship store. And in our commitment to Indian fans, we are focusing on the ever-evolving preferences of Indian consumers.”

India Power Brand

U.S. Polo Assn.’s popularity in India has only grown with the population, making India prime to be the global brand’s fastest-growing market.

As one of India’s leading casual wear power brands, the multi-billion-dollar, global, sport-inspired U.S. Polo Assn. brand has launched an exclusive brand-specific website USPoloAssn.in to further enhance digital offerings for customers and provide easier access to its product offerings. Its brick-and-mortar growth is exploding in India as well, with 100 more stores planned in the coming years.

Currently, the brand’s retail footprint in India is at more than 400 brand stores, and over 2,000 shop-in-shops, across more than 200 cities in India. Globally, the U.S. Polo Assn. brand is in 190 countries and has global retail sales of more than $2.4 billion.

About U.S. Polo Assn.

U.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 some 1,200 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. A recent, multi-year deal with ESPN to broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., has made 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 alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized around the world with awards for global growth, expansion, licensing, and digital growth. Due to its tremendous success as a global brand, particularly in the last five years, 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 follow @uspoloassn.

About Arvind

Arvind Fashions Ltd., based in Bengaluru, is India’s #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 ArvindUSPoloAssn.in, and follow @uspoloassnindia.

Contact Information
Stacey Kovalsky
VP Global PR and Communications
skovalsky@uspagl.com
+001.561.790.8036

Deepansh Bhargava
Vice President, Marketing, U.S. Polo Assn. India at Arvind Fashions Limited
deepansh.bhargava@arvindbrands.co.in
+91 9343897011

SOURCE: USPA Global Licensing Inc.

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View the original press release on newswire.com.



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

U.S. Polo Assn. Launches Spring-Summer 2024 Collection

West Palm Beach, FL, Mar 7, 2024 – (ACN Newswire) – U.S. Polo Assn., the official brand of the United States Polo Association (USPA), has launched its iconic, sport-inspired Spring-Summer Collection for 2024. The brand’s global photo shoot took place in idyllic Palm Springs, California, known for its picturesque desert landscape, regal palm groves, lush polo fields, and scenic poolside vistas under the golden rays of the Coachella Valley sunshine. Other key product launches this spring include USPA Sport 2024.

U.S. Polo Assn.’s Spring-Summer 2024 Collection features bold stripes and sun-washed pops of color representing the free spirit and heritage of the sport-inspired brand. Retro resort style springs to life in matching sets and tonal polo shirts, while models and professional polo players alike bask under the palm trees in U.S. Polo Assn.’s newest fashion. Sporty models showcase vibrant colors and patterns beside the brand’s signature red, white, and blue stripe, while artisan textures within the collection include breezy linen, comfortable denim, and soft, seasonal dresses. Stylish, vibrant accessories include convertible crossbody bags, bucket hats, fashionable footwear, and on-trend eyewear, all of which complement the unique colors, styles, and fabrics in the warm-weather collection.

“U.S. Polo Assn.’s Spring-Summer 2024 Collection was inspired by the global reach of the sport of polo and the beautiful elements of fashion in the season’s trends, all highlighted in our brand’s signature style in California’s desert oasis,” said Brian Kaminer, SVP of Brand and Product for U.S. Polo Assn. “We celebrate the spirit of the season in this global collection with pops of sun-washed colors, bold patterns, and artisan textures so fans of the brand feel cool and comfortable in U.S. Polo Assn.’s classic, sport-inspired American style.”

U.S. Polo Assn. is also proud to launch the USPA Sport Collection for 2024. The mostly men’s athleisurewear line is an edgier, bold style designed in bright primary colors, available to consumers globally. The newest USPA Sport Collection features embossed branding in breathable polo shirts, comfortable shorts, colorful t-shirts, and coordinating sets all proudly showcasing U.S. Polo Assn.’s signature double horsemen logo.

Also included in our USPA Sport Collection is USPA Pro, the newest version of the high-performance product line, designed for polo players and equestrian athletes alike. Created in continual collaboration with professional polo players, this special collection is only available online and at the USPA National Polo Center (NPC) Retail Shop in Palm Beach County, Florida. The USPA Pro product line features ventilated, drop-bottom gear bags, cushioned knee-high socks, Argentinian hand-stitched belts, breathable performance hoodies, and the sport’s signature white polo pants with drawstrings. In U.S. Polo Assn.’s iconic red, white, and blue color palette, the USPA Pro line seeks to enhance the gameplay for polo players through products specifically designed for peak performance.

“Every collection created by the U.S. Polo Assn. Design Team has elements that connect our brand back to the sport of polo, which is our heritage and brand DNA,” said J. Michael Prince, President and CEO of USPA Global, the company which manages and markets the global, multi-billion-dollar U.S. Polo Assn. brand. “Whether it’s through strategic partnerships like the one with ESPN, supporting global polo events, or our product launches, our mission is to stay true to U.S. Polo Assn.’s authentic connection to the sport.”

About U.S. Polo Assn. and USPA Global

U.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 some 1,200 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. A recent, multi-year deal with ESPN to broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., has made 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 alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized around the world with awards for global growth, expansion, licensing, and digital growth. Due to its tremendous success as a global brand, particularly in the last five years, 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 follow @uspoloassn.

USPA Global is the for-profit subsidiary of the USPA and manages the global, multi-billion-dollar U.S. Polo Assn. brand, providing the sport with a long-term source of revenue. Through its subsidiary, Global Polo Entertainment (GPE), USPA Global also manages Global Polo TV, which provides sports and lifestyle content. For more sport content, visit globalpolo.com.

Contact Information
Stacey Kovalsky
VP Global PR and Communications
skovalsky@uspagl.com
+001.561.790.8036

Kaela Drake
PR & Communications Specialist
kdrake@uspagl.com
+001.561.461.8596

SOURCE: USPA Global Licensing Inc.

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View the original press release on newswire.com.



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

U.S. Polo Assn. is the Official Apparel Partner for 2024 Dubai Polo Gold Cup

WEST PALM BEACH, FL and DUBAI, UAE, Feb 29, 2024 – (ACN Newswire) – U.S. Polo Assn., the official brand of the United States Polo Association (USPA), served as the Official Apparel Partner of the Dubai Polo Gold Cup 2024. This world-renowned polo tournament was hosted at the iconic Al Habtoor Polo Club in Dubai, United Arab Emirates (UAE) from Feb. 6-24, 2024.

In collaboration with the Aydinli Group, U.S. Polo Assn.’s brand partner in the Middle East, the classic, sport-inspired brand provided performance jerseys for multiple teams, branded apparel for all on-site staff, and gifts to the finalists including branded leather duffle bags and watches.

The Dubai Polo Gold Cup was an unforgettable two-week tournament ending with the final game between two strong teams, Habtoor Polo and Dubai Wolves By CAFU, that fought to have their name etched into the Gold Cup trophy. Ultimately, Habtoor Polo won the cup with a final score of 11-10. The event offered spirited sports fans and generous sponsors the ability to watch the highest-rated polo in the UAE while also enjoying international musical entertainment, delicious cuisines, and retail shops.

“U.S. Polo Assn. is proud to once again support the iconic Dubai Polo Gold Cup as the Official Apparel Sponsor in one of the great venues for polo in the UAE,” said J. Michael Prince, President and CEO of USPA Global, which manages the multi-billion-dollar U.S. Polo Assn. brand. “This region is a key market for U.S. Polo Assn., and we are honored to highlight the sport of polo along with our global, sport-inspired brand in front of so many sports fans and consumers in the Middle East.”

U.S. Polo Assn.’s popularity in the UAE has grown since the launch of the first brick-and-mortar store in March 2012 at the Dubai Marina Mall. Available to consumers in the region on all sales channels, the classic, sport-inspired lifestyle brand currently has 10 stores in the UAE with Lals Group, U.S. Polo Assn.’s UAE Partner, with plans to launch additional locations in 2024. Globally, the U.S. Polo Assn. brand is in 190 countries and has global retail sales of more than $2.4 billion.

“We are proud to represent U.S. Polo Assn. in the UAE, and the Dubai Polo Gold Cup is the perfect opportunity to connect our authentic global brand with the sport of polo in Dubai,” said Seref Safa, Chairman of the Board of Aydinli Group, the Middle Eastern and Eastern European partner for U.S. Polo Assn. “This tournament hosts some of the best polo teams and ponies in the world, creating an exciting mix of top-class sportsmanship and glamour for event attendees.”

The Dubai Polo Gold Cup was founded in 2009 by His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai. This tournament is now one of the most prestigious events on the international polo calendar, on par with world-class events held in Argentina, Spain, the United Kingdom, and the United States. The Al Habtoor Polo Club was established in 2000 by Mohammed Al Habtoor, who played a pivotal role in the development of the Dubai Polo Gold Cup and was also a player in the 2024 tournament.

About U.S. Polo Assn. and USPA Global

U.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 some 1,200 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. A recent, multi-year deal with ESPN to broadcast the premier polo championships in the world, sponsored by U.S. Polo Assn., has made the thrilling sport accessible to millions of households globally for the very first time.

U.S. Polo Assn. has consistently been named one of the top global sports licensors alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized around the world with awards for global growth, expansion, licensing, and digital presence. Due to its tremendous success as a global brand, particularly in the last five years, U.S. Polo Assn. has been featured in Forbes, 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 follow @uspoloassn.

USPA Global is the for-profit subsidiary of the USPA and manages the global, multi-billion-dollar U.S. Polo Assn. brand, providing the sport with a long-term source of revenue. Through its subsidiary, Global Polo Entertainment (GPE), USPA Global also manages Global Polo TV, which provides sports and lifestyle content. A historic, multi-year, global arrangement between USPA Global and ESPN now showcases many of the top championship polo games in the U.S., enabling millions of sports fans and consumers to enjoy the sport across ESPN’s broadcast and streaming platforms. For more sport content, visit globalpolo.com.

About Aydinli Group

Aydinli Group is the Middle Eastern and Eastern European partner for the global, multi-billion-dollar U.S. Polo Assn. brand. Aydinli Group adopts the principle of quality service and universal values, produces environmentally conscious products, and provides world-class, customer-oriented service. With more than 690 stores, 300 of which are abroad, and more than 7,500 employees, it is one of the largest apparel retailers in the region. Aydinli Group, which has operations in nearly 50 countries with U.S. Polo Assn., 10 countries with Pierre Cardin, and eight countries with Cacharel, has license rights in 55 countries in total. For more information, visit aydinli.com.

Contact Information:

Shannon Stilson
VP, Sports Marketing & Media
sstilson@uspagl.com
+001.561.227.6994

Kaela Drake
PR & Communications Specialist
kdrake@uspagl.com
+001.561.461.8596

SOURCE: USPA Global Licensing Inc.

.

View the original press release on newswire.com.



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

U.S. Polo Assn. Supports 2024 U.S. Open Women’s Polo Championship(R) Airing on ESPN

West Palm Beach, FL, Feb 27, 2024 – (ACN Newswire) – U.S. Polo Assn., the official brand of the United States Polo Association (USPA), was proud to again support the 2024 U.S. Open Women’s Polo Championship®. The most prestigious cup in women’s polo in the United States ran from Feb. 3-23, 2024, with qualifying games played at Port Mayaca Polo Club, and the U.S. Open Women’s Polo Championship Final played once again on the U.S. Polo Assn. Field One at the world-renowned USPA National Polo Center (NPC) – Wellington on Feb. 23.

ESPN is broadcasting the Women’s Championship Final for sports fans around the world on ESPN News Thursday, Feb. 29, at 7 p.m. EST; check your local listings.

Beginning with eight teams, the most teams in years, the qualifiers brought that number down to two incredible women’s teams playing for the trophy – Buena Vibra and 90210. Ultimately, the championship trophy went to first-time U.S. Open winner Buena Vibra with a score of 13-11. It was a hard-fought game with a tie score down to the final chukker. Buena Vibra Team Captain Milly Hine, with an impressive eight-goal ranking, won the Game MVP, scoring 10 of the team’s 13 goals. In addition to Hine, the team consisted of Clara Cassino (8), Cory Williams (4) and Valentina Tarazona (1), Tarazona being the youngest player on a winning team at age 13. This was the first time for all players on Team Buena Vibra to win the Women’s U.S. Open.

“It’s an absolute dream. My team is incredible; we can’t believe it. None of us have played the finals, none of us have the experience of what it’s like to play on this field or against such a tough opposition,” said Buena Vibra Team Captain and Game MVP Milly Hine (8). “We just decided let’s enjoy it, let’s just hope our horses are as well prepared as possible, and we did everything in our power to perform on this day.”

U.S. Polo Assn.’s support of the most celebrated cup for women’s polo in the United States included donations of uniforms to participating teams with the iconic U.S. Polo Assn. double horsemen logo, as well as donations made to polo and equestrian charities selected by the finalists in the 2024 U.S. Open Women’s Polo Championship. These included Replay Polo, selected by Buena Vibra, and Work to Ride, selected by 90210.

Unlike other team sports, women and men play polo together as equals, and approximately 40% of USPA club members are female. Women are, in fact, the fastest-growing segment in the sport of polo at the club and collegiate levels at more than 40% and 60%, respectively.

“The 2024 U.S. Open Women’s Polo Championship is a showcase of women’s polo achievements,” said J. Michael Prince, President and CEO of USPA Global, the company that manages and markets the multi-billion-dollar U.S. Polo Assn. brand. “U.S. Polo Assn. is proud to support these outstanding female athletes in one of the high goal season’s most prestigious tournaments, highlighting some of the very best players in the sport.”

“Adding the charitable component to this important polo tournament emphasizes our support of not only the women but the many polo and equestrian charities in need within our polo community,” added Prince.

Ten-goal players in this year’s high-goal tournament were Hope Arellano, Nina Clarkin and Hazel Jackson. At an eight-goal rating, Mia Cambiaso played as well. Newcomer to the Women’s Open, Shariah Harris, a Cornell graduate and former Work to Ride program participant, was an exciting addition to the competition in 2024.

“It was an amazing opportunity playing in the Women’s Open. This time last year during the finals I just told myself that I’m going to play in this next year and someway, somehow, it all worked out and here I am,” said Harris. “It was definitely a personal accomplishment and an honor to play with women of this caliber.”

“I am always honored to compete against other amazing women polo players in the U.S. Open Women’s Polo Championship,” added Arellano, professional polo player and U.S. Polo Assn. Brand Ambassador. “And I love being surrounded by those in the South Florida polo community who support women’s professional polo.”

About the U.S. Open Women’s Polo Championship

The U.S. Open Women’s Polo Championship® has a profound history dating back to the 1930s in California. The first women’s U.S. Open tournament was presented by the United States Women’s Polo Association (USWPA) in 1937 at the Golden Gate Field in San Francisco, California, in 1937. Women were officially welcomed into the United States Polo Association in 1972 with Sue Sally Hale becoming the first woman member. On the centennial anniversary of the USPA in 1990, a U.S. Women’s Open was officially sanctioned and held at Empire Polo Club in Indio, California. It was officially recognized as a national tournament in 2011 and has been hosted at the Houston Polo Club for the past seven years, becoming the largest annual women’s polo event in the United States.

About U.S. Polo Assn. and USPA Global

U.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 some 1,200 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. A recent, multi-year deal with ESPN to broadcast the premier polo championships in the world, sponsored by U.S. Polo Assn., has made the thrilling sport accessible to millions of households globally for the very first time.

U.S. Polo Assn. has consistently been named one of the top global sports licensors alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized around the world with awards for global growth, expansion, licensing, and digital presence. Due to its tremendous success as a global brand, particularly in the last five years, U.S. Polo Assn. has been featured in Forbes, 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 follow @uspoloassn.

USPA Global is the for-profit subsidiary of the USPA and manages the global, multi-billion-dollar U.S. Polo Assn. brand, providing the sport with a long-term source of revenue. Through its subsidiary, Global Polo Entertainment (GPE), USPA Global also manages Global Polo TV, which provides sport and lifestyle content. A historic, multi-year, global arrangement between USPA Global and ESPN, now showcases many of the top championship polo games in the U.S., enabling millions of sports fans and consumers to enjoy the sport across ESPN’s broadcast and streaming platforms. For more sport content, visit globalpolo.com.

Contact Information
Stacey Kovalsky
VP Global PR and Communications
skovalsky@uspagl.com
+001.561.790.8036

Shannon Stilson
VP, Sports Marketing & Media
sstilson@uspagl.com
+001.561.227.6994

SOURCE: USPA Global Licensing Inc.

.

View the original press release on newswire.com.



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com