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FINANCELY SECURES A LANDMARK SYNDICATED LINE OF CREDIT FOR $116,482,000

Promoting Economic Growth in Frontier Markets with Significant Trade Finance Support

HONG KONG, CHINA, July 6, 2023/EINPresswire.com/ — Financely, a globally recognized trade and project finance advisory firm, proudly announced today that it has successfully secured a syndicated line of credit totaling USD 116,482,000. This monumental financial breakthrough was achieved in collaboration with four prestigious banking institutions; ICBC, China Construction Bank, Hang Seng Bank, and Standard Chartered.

The newly secured line of credit aims to provide robust trade finance support to companies operating in frontier markets, marking a remarkable step forward in facilitating economic growth and diversification in these regions.

The financing aims to bolster trade and economic growth in frontier markets. The strategic initiative embodies Financely’s commitment to providing comprehensive financial solutions to frontier market companies, enabling them to overcome liquidity constraints, manage trade risks, and support their working capital requirements.

Through this syndicated line of credit, Financely is ensuring these companies have the necessary financial leverage to expand their trade operations and facilitate commerce. This move is expected to foster employment, promote financial inclusion, and stimulate sustainable economic growth in these frontier markets.

On this auspicious occasion, Jason W. Lee, Managing Director of Financely, stated, “This substantial line of credit embodies our relentless pursuit of innovative financial solutions to propel frontier market economies. Our collaboration with ICBC, China Construction Bank, Hang Seng Bank, and Standard Chartered underscores the strong alliances we are forging to provide unparalleled financial support to companies operating in these markets.”

Lee further added, “We are optimistic that this initiative will significantly alleviate financial burdens on these companies, bolstering their capacity to engage in international trade. Ultimately, our goal is to facilitate the creation of vibrant, resilient, and inclusive economies in these frontier markets.”

In the wake of this significant financial achievement, Financely continues to solidify its position as a leading trade and project finance advisory firm, committed to fostering global economic growth and prosperity.

About Financely

Financely is a leading trade and project finance advisory firm offering bespoke financial solutions to companies worldwide. With a distinct focus on frontier markets, the firm’s expertise lies in structuring innovative financing solutions that support economic growth, promote financial inclusion, and foster sustainability.

www.financely-group.com/

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BRAND FINANCE HEALTHCARE 2023

The world’s largest healthcare brands grapple with challenging post-pandemic conditions

Johnson & Johnson world’s most valuable and strongest Pharma brand despite drop in value and strength

Johnson & Johnson maintains its position as the most valuable pharma brand for the fifth consecutive year. This comes despite a 5% brand value decrease. This aligns with a broader industry trend that has harmed many of the largest pharmaceutical brands in 2023. There was an average 2% brand value decline year-on-year across the ranking.

In addition to calculating brand value, Brand Finance also determines the relative strength of brands through a balanced scorecard of metrics evaluating marketing investment, stakeholder equity, and business performance. Compliant with ISO 20671, Brand Finance’s assessment of stakeholder equity incorporates original market research data from over 100,000 respondents in 38 countries and across 31 sectors.

Johnson & Johnson is also the strongest pharma brand, overtaking Pfizer to claim the top spot. However, Johnson & Johnson did drop three-point in its Brand Strength Index (BSI) score, now 82.3 out of 100.

Hugo Hensley, Valuations Director of Brand Finance commented:

“It is no coincidence that amongst widespread falls in brand value across the industry, all the pharma brands that have seen an increase or stable brand strength rating in 2023 have also witnessed an increase in brand value. Businesses with a strong brand are better equipped to handle crises and regulatory challenges, making them more resilient in our increasingly volatile world. Building and maintaining a positive brand reputation is vital for long-term success.”

CSL and Novo Nordisk are the 1st and 2nd fastest growing pharma brands with brand value growth over 30%

CSL is the fastest growing Pharma brand, up 32% to USD1.3 billion. This is primarily due to CSL’s growth in its immunoglobulin portfolio, the acquisition of Vifor Pharma, and the launch of HEMGENIX®.

Novo Nordisk (brand value up 31% to USD3.1 billion) follows CSL as the second fastest growing brand Pharma brand. This growth is tied to the active promotion and the ramping up of its production of weight loss drugs, Wegovy and Ozempic.

GSK leads on Sustainability Perception Score, Johnson & Johnson has highest Sustainability Perceptions Value

As part of its analysis, Brand Finance assesses the role that specific brand attributes play in driving overall brand value. Brand Finance assesses how sustainable specific brands are perceived to be, represented by a ‘Sustainability Perceptions Score’. The value that is linked to sustainability perceptions, the ‘Sustainability Perceptions Value’, is then calculated for each brand.

GSK (brand value down 21% to USD3.5 billion) has the highest Sustainability Perception Score of any brand included in the Pharma 25 2023 ranking – 4.98. Johnson & Johnson has the highest Sustainability Perceptions Value at USD364 billion.

Medtronic is the most valuable Medical Devices brand; Philips is the strongest and Siemens Healthineers is the fastest-growing

Medtronic is the world’s most valuable Medical Devices brand for the 3rd consecutive year.  The brand’s value growth was hampered by supply chain, inflation, and currency issues. In an exciting development, Medtronic announced a strategic collaboration with leading technology company NVIDIA (brand value of USD16.3 billion). This is aimed at accelerating the use of artificial intelligence to support innovation in healthcare.

Siemens Healthineers (brand value up 28% to USD4.2 billion) is 2023’s fastest growing Medical Devices brand. This is caused by a seven-point increase in Brand Strength Index score from 61/100 to 68/100 and AA- rating.

Philips (brand value of USD3.9 billion) is the strongest medical devices brand with a Brand Strength Index score of 73.29 out of 100 and AA rating. Despite having to recall certain products in 2021, its brand’s resilience has allowed a positive recovery.

UnitedHealth Group owns the most valuable, strongest, and fastest growing Healthcare services brands

UnitedHealth Group is the parent company of both the two most valuable Healthcare Services brands – UnitedHealthcare (brand value up 13% to USD37.5 billion) and Optum (brand value up 27% to USD20.1 billion). UnitedHealthcare is also the strongest brand (76.7 out of 100 and AA+ rating), while Optum is the fastest growing brand. UnitedHealthcare also claims the highest brand value in the entire Healthcare 2023 report, which encompasses the Pharma 25 and Medical Devices 25 rankings.

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Estados Unidos lidera la iniciativa para explotar el asteroide Psyche-16 y sus invaluables recursos minerales

18 de junio de 2023 – La NASA y el gobierno de Estados Unidos han anunciado una importante iniciativa para explotar y aprovechar los recursos minerales del asteroide Psyche-16. Este asteroide, compuesto principalmente por oro y platino, posee un valor estimado en 10.000 billones de dólares, lo que representa una oportunidad sin precedentes para impulsar la economía mundial y abrir nuevas posibilidades para el desarrollo tecnológico.

Psyche-16, conocido como “el asteroide de oro y platino”, ha despertado un gran interés debido a su composición única y a su potencial económico. El gobierno de Estados Unidos, en colaboración con la NASA, ha tomado la delantera en esta ambiciosa empresa que busca asegurar el acceso y la explotación responsable de los recursos minerales del asteroide.

Este proyecto pionero involucrará la implementación de tecnologías de vanguardia y la colaboración de científicos, ingenieros y expertos en minería espacial de todo el mundo. Se espera que la misión de la NASA para obtener datos sobre Psyche-16, programada para octubre de este año, proporcione información crucial para la planificación y ejecución de las operaciones de extracción en el futuro.

Technicians at NASA’s Kennedy Space Center in Florida perform work on the agency’s Psyche spacecraft inside the Payload Hazardous Servicing Facility (PHSF) on May 3, 2022. While inside the PHSF, the spacecraft will undergo routine processing and servicing ahead of launch. Psyche is targeting to lift off aboard a SpaceX Falcon Heavy rocket on Aug. 1, 2022. The spacecraft will use solar-electric propulsion to travel approximately 1.5 billion miles to rendezvous with its namesake asteroid in 2026. The Psyche mission is led by Arizona State University. NASA’s Jet Propulsion Laboratory, which is managed for the agency by Caltech in Pasadena, California, is responsible for the mission’s overall management, system engineering, integration and testing, and mission operations. Maxar Technologies in Palo Alto, California, provided the high-power solar electric propulsion spacecraft chassis. NASA’s Launch Services Program (LSP), based at Kennedy, is managing the launch. Psyche will be the 14th mission in the agency’s Discovery program and LSP’s 100th primary mission.

La explotación de los recursos minerales de Psyche-16 no solo podría impulsar la economía global, sino que también podría abrir nuevas oportunidades en el ámbito de la exploración espacial y el desarrollo de tecnologías avanzadas. La adquisición de este asteroide representa un hito significativo en el camino hacia la explotación sostenible de los recursos espaciales y el avance de la humanidad en el ámbito de la minería espacial.

A medida que avanzamos hacia una nueva era de exploración y explotación de recursos espaciales, es fundamental garantizar que estas actividades se realicen de manera responsable y sostenible, con el objetivo de proteger nuestro entorno cósmico y preservar los beneficios para las generaciones futuras.

El gobierno de Estados Unidos invita a la comunidad científica, a la industria y a los socios internacionales a unirse a esta histórica iniciativa para desbloquear el potencial económico y tecnológico del asteroide Psyche-16, y juntos forjar un futuro próspero en el espacio.

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BRAND FINANCE HOTELS 50 2023

Hilton checks in as the world’s most valuable hotel brand

  • Hotel industry sees gradual return to normality as pre-pandemic travel patterns resume while over half of top 50 hotel brands remain below pre-pandemic values
  • Hilton delivers exceptional service as the reigning champion of hotel brands, valued at US$11.7 billion
  • Le Méridien is named the fastest-growing hotel brand as a new entrant to Top 50 ranking
  • Conrad takes an extraordinary leap to become the world’s strongest hotel brand, with an AAA+ rating
  • Hilton has the highest Sustainability Perceptions Value (SPV), at US$565 million, while Taj has the highest Sustainability Perceptions Score, at 5.04 out of 10

Hotel industry sees gradual return to normality as pre-pandemic travel patterns resume, while over half of top 50 hotel brands remain below pre-pandemic values

After two years of global travel restrictions and economic uncertainty, the past year has witnessed an increasing return to pre-pandemic travel patterns. However, Brand Finance research finds that the hotel industry is slow to recover from the pandemic’s long-lasting effects, as 27 out of 50 hotel brands (54%) remain below their pre-pandemic values.

Hilton delivers exceptional service as the reigning champion of hotel brands, valued at US$11.7 billion

Hilton (brand value down 2% to US$11.7 billion) retains its title as the world’s most valuable hotel brand, according to the latest report from leading brand valuation consultancy, Brand Finance. 2022 was an exceptional year of brand value growth for Hilton, with revenue soaring as both business and leisure travel surged post-pandemic. This year’s result indicates a slight slowdown in this growth momentum, as the industry returns to a more normal trajectory. That said, Hilton’s brand value remains above its pre-pandemic level, and it is almost double that of runner-up, Hyatt (brand value up 3% to US$6.1 billion).

Henry Farr, Associate Director at Brand Finance, commented,

“In the post-pandemic world, Hilton has demonstrated remarkable resilience and a steadfast commitment to delivering exceptional experiences. With an unwavering focus on guest satisfaction, Hilton has not only recovered but has emerged stronger in several aspects, solidifying its position as a leading global brand. Through innovative strategies and a dedication to shifting consumer needs, it has retained its title as the world’s most valuable hotel brand.”

Le Méridien is named the fastest-growing hotel brand as a new entrant to Top 50 ranking

Le Méridien (brand value up 375% to US$669.4 million) checks into the 2023 top 50 ranking in 23rd as the fastest-growing hotel brand. Part of the Marriott (brand value up 33% to US$3.1 billion) International portfolio, Le Méridien has been expanding its presence across the globe in the past year. Most recently, Le Méridien established Le Méridien Melbourne. Its premium location and luxury features have attracted both tourists and locals, further boosting the hotel’s revenue from bookings in one of Australia’s most popular coastal cities. Other significant growth milestones for Le Méridien include its second hotel opening in New York City, which is hoped to boost its familiarity score in the US and globally.

Conrad takes an extraordinary leap to become the world’s strongest hotel brand, with an AAA+ rating

In addition to calculating brand value, Brand Finance also determines the relative strength of brands through a balanced scorecard of metrics evaluating marketing investment, stakeholder equity, and business performance. Compliant with ISO 20671, Brand Finance’s assessment of stakeholder equity incorporates original market research data from over 100,000 respondents in 38 countries and across 31 sectors.

Conrad (brand value up 65% to US$537.82 million) has jumped up 16 spots to 31st position overall, while jumping an astonishing 38 spots into the winning position for brand strength, scoring 91/100. Known for its luxurious options and personalised service, Conrad has boosted its brand strength this year through significant global expansion. Hilton opened six new Conrad Hotels and Resorts in various desirable locations, including LA and Shanghai, with the aim of enhancing its long-standing reputation for seamless luxury and exceptional hotel design.

Hilton has highest Sustainability Perceptions Value (SPV) at US$565 million, while Taj has the highest Sustainability Perceptions Score, at 5.04 out of 10

As part of its analysis, Brand Finance assesses the role that specific brand attributes play in driving overall brand value. One such attribute, is sustainability. Brand Finance assesses how sustainable specific brands are perceived to be, represented by a ‘Sustainability Perceptions Score’. This is an indexed score that provides a view of the role of sustainability in driving positive brand reputation. The value that is linked to sustainability perceptions, the ‘Sustainability Perceptions Value’, is then calculated for each brand.

Hilton has the highest Sustainability Perceptions Value (SPV) at US$565 million. Although Hilton has committed to becoming more sustainable, its position at the top of the SPV table is not an assessment of its overall sustainability performance. Rather, it indicates how much brand value it has tied up in sustainability perceptions. Hilton’s commitment to sustainability is evident through its ESG program, Travel with Purpose. The brand has set ambitious targets, aiming to reduce emissions intensity by 75% in Hilton-managed hotels and 56% in Hilton-franchised hotels by 2030.

India based hotels group, Taj (brand value up 19% to US$374.35 million) earns the highest Sustainability Perceptions Score in the Hotels 50 2023 ranking at 5.04 out of 10. In 2022, Taj’s parent company, IHCL, launched the Paathya sustainability programme, encompassing several key initiatives, including eliminate the use of single-use plastics across its hotels, and installing electric vehicle (EV) charging stations.

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BRAND FINANCE FOOTBALL 50 2023

Manchester City FC named world’s most valuable football club brand

  • Manchester City FC becomes the world’s most valuable football brand, ending Real Madrid’s four-year streak at the top
  • Real Madrid CF reigns supreme as the world’s strongest football club brand
  • Spanish clubs continue to perform strongly in the 2023 ranking
  • Manchester United jumps ahead of rival Liverpool FC to take 4th position
  • London football clubs hold onto top 10 ranks, with Arsenal FC seeing the biggest brand value increase
  • AC Milan represents Italy as the fastest-growing football club brand for second year running
  • Paris Saint-Germain overtakes FC Bayern Munich, while only three French clubs feature in top 50
  • Germany holds the second-highest number of clubs in the ranking behind UK, while Bundesliga continues to lose brand value
  • Flamengo just holds onto 50th position as the only non-European club in the ranking

Manchester City FC becomes the world’s most valuable football brand, ending Real Madrid’s four-year streak at the top

Manchester City FC (brand value up 13% to €1.51 billion) has achieved a historic milestone by surpassing Real Madrid CF (brand value down 4% to €1.46 billion) as the world’s most valuable football club brand. The club’s brand value has seen a positive increase of 34% growth since the COVID-19 pandemic and has now reached an all-time high. Manchester City FC also boasts the highest revenue in this year’s table, a key driver in its ascent to the top.

Hugo Hensley, Head of Sports Services at Brand Finance, commented:

“Manchester City FC has achieved an extraordinary feat by surpassing Real Madrid to become the champion of football club brands. For a decade now, the City team has exerted its dominance in English football, including securing four Premier League titles in the past five seasons. However, the club’s performance in this year’s ranking highlights that Manchester City FC are performing off the pitch in terms of building a strong brand and attracting fans and sponsors, and setting the stage for what should be an iconic 2023 Champions League final against Inter Milan.”

Real Madrid CF reigns supreme as the world’s strongest football club brand

In addition to calculating brand value, Brand Finance also determines the relative strength of brands through a balanced scorecard of metrics evaluating marketing investment, stakeholder equity, and business performance. Compliant with ISO 20671, Brand Finance’s assessment of stakeholder equity incorporates original market research data from over 10,000 football fans in Europe, Brazil, China, and the USA.

While beaten out of the top spot by Manchester City FC this year, Real Madrid CF strikes again as the strongest and second-most valuable football club brand. In 2022, Brand Finance research determined that the Spanish powerhouse were the most likely club to be rated ‘the best club in the world’ by fans. Brand strength is what attracts fans, players, investors, and sponsors to engage with the club –delivering commercial value through higher revenues, prices – especially for sponsorship, higher growth, and sponsors, reducing risks to profitability related to weak on pitch performance.

Spanish clubs continue to perform strongly in the 2023 ranking

Following Real Madrid in 2nd, FC Barcelona (brand value up 4% to €1.4 billion) defends its 2022 rank in 3rd, as does Club Atletico de Madrid (brand value down 5% to €549.56 million) in 12th. Following a period of on-pitch setbacks and financial struggles, FC Barcelona appears to have resurged its reputation, winning the Spanish LaLiga ahead of historic rival Real Madrid in 2nd and Club Atletico de Madrid in 3rd.

Sevilla FC (brand value up 6% to €189.27 million) has also shot up five places to 25th, while Villareal CF (brand value up 5% to €137.38 million) has gone up four rankings to 36th position. After struggling in LaLiga and changing coaches multiple times, Sevilla FC found stability under the leadership of Jose Luis Mendilibar, who is credited with reviving the team’s success. Further solidifying its international reputation, the club has achieved remarkable results in Europe, defeating British and Italian powerhouses Manchester United FC and Juventus.

Spain adds two more achievements to its 2023 success, as Real Sociedad (brand value €133.63 million) is a new entrant in 37th place, while Real Betis (brand value up 31% to 153.1 million) shoots up nine positions to 34th to be named the third fastest-growing football club brand. Finishing 6th in LaLiga (ahead of Sevilla FC in 12th), Real Betis is hoping to further boost its brand strength and global recognition through a €70 million renovation of its home stadium. Further, Brand Finance also ranked Real Betis 2nd, one spot ahead of Real Madrid CF, in its Football Sustainability Index. The club’s commitment to raising awareness about climate change has further bolstered its positive reputation worldwide.

Manchester United jumps ahead of rival Liverpool FC to take 4th position

Manchester United FC (brand value up 9% to €1.4 billion) now sits one rank ahead of its historic rival Liverpool FC (brand value up 7% to €1.4 billion) in fourth and fifth position respectively. Both clubs have recorded positive brand value trajectories since 2022, finally surpassing their pre-pandemic values. After two Covid-hit seasons, 2022-2023 saw the continued return of live matches and fans to stadiums, resulting in increased ticket sales and revenues.

Jurgen Klopp’s appointment as manager of Liverpool FC in 2015 has propelled the club to unparalleled success, establishing them as one of the country’s most formidable teams. As for its rival, Erik ten Hag’s arrival as Manchester United’s leader in 2022 also seems to have resurged the club’s reputation. The Red Devils’ win against Newcastle United to win the League Cup this year saw them clinch their first trophy in six years.

London football clubs hold onto top 10 ranks, with Arsenal FC seeing the biggest brand value increase 

Arsenal FC (brand value up 14% to €906.28 million) is up two positions from 2022 and now ranks 8th. Squad investments, (Arsenal FC signed Gabriel Jesus and Oleksandr Zinchenko from Manchester City FC in summer 2022) strengthened on-pitch tactics, and Mikel Arteta’s effective leadership have all contributed to The Gunners’ strong season, their 3-1 win over Chelsea FC (brand value up 1% to €860.5 million) on May 3rd propelling them to the top of the Premier League. Although eventually beaten into a respectable second by Manchester City FC, Arsenal FC set the record for the most days spent at the top of the league without winning it. Furter, their status as the youngest squad in the league instils hope among key stakeholders for a promising future.

AC Milan represents Italy as the fastest-growing football club brand for second year running

AC Milan (brand value up 33% to €357.98 million) ranks 15th this year and is named the fastest-growing football club brand, closely followed by SSC Napoli, (brand value up 31% to €239.81 million) in 18th as the second-fastest growing. AC Milan had a successful season, reaching the Champions League semi-finals and holding a respectable 4th position in Serie A. The club’s brand value has increased through royalties and sponsorships, totalling nearly €20 million in 2022. Also solidifying its growing success, SCC Napoli has stormed to the top of the Serie A league following continued on-pitch success. Revenues generated from the Serie A and the Champions League qualifiers, in addition to broadcasting and sponsorship opportunities, have further propelled the club’s growth.

Paris Saint-Germain overtakes FC Bayern Munich, while only three French clubs feature in top 50 

Paris Saint-Germain (brand value up 10% to €1.1 billion) has moved up one rank into 6th, overtaking 2022 rival FC Bayern Munich (brand value down 1% to €1.1 billion) who drops to 7th. PSG, the current top-ranked team in the French Ligue 1, gained global recognition and popularity following the 2022 World Cup, which saw young talent Kylian Mbappé, and footballing legend Lionel Messi go head-to-head in a historic final. The club’s formidable and widely recognised powerhouse trio of Messi, Mbappé, and Neymar, has solidified PSG’s iconic status, in the footballing world and beyond.

Germany holds the second-highest number of clubs in the ranking behind UK, while Bundesliga continues to lose brand value

Germany has an impressive 10 clubs in this year’s ranking, with its strongest and most valuable club brand, FC Bayern Munich holding its top 10 rank in 7th. Although the team made a record start to the 2022-2023 season, they are facing increasing competition from other German clubs. They sit in 2nd place behind Borussia Dortmund (brand value up 5% to €541.92 million, ranked 13th) in the Bundesliga, while Bayern also recently suffered their first-ever defeat by RB Leipzig (brand value down 9% to €222.46 million, ranked 19th). That said, Bayern’s exceptional talent pool, global reputation and popularity remains undisputed; the club have secured more victories than all remaining Bundesliga teams combined, and the club boasts a global fan base of loyal and dedicated fans.

Flamengo just holds onto 50th position as the only non-European club in the ranking 

Flamengo (brand value up 2% to €97.85 million) have dropped from 49th in 2022 to 50th position in 2023. Despite Brazilian hopes for their success, the team were knocked out of the 2023 FIFA Club World Cup in February after a disappointing defeat to Saudi Arabian team, Al-Hilal. That said, the Brazilian club still performs respectively in the BSI ranking, dropping only one place to 16th.  This strong result indicates that the club maintains a favourable global reputation, attributed to the successful legacy and rich heritage of its nation’s football culture. Flamengo also achieves the second-highest score globally for its passionate fan base. 

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ExecuJet celebrates FBO success and heads for Avalon 2023

ExecuJet celebrates FBO success and heads for Avalon 2023

ExecuJet celebrates FBO success and heads for Avalon 2023

Australia: ExecuJet, part of the Luxaviation Group, is celebrating fixed-base operation (FBO) upgrades in the Asia-Pacific (APAC) region as the company heads to the Avalon 2023 Australian International Airshow.

ExecuJet and Luxaviation Group will be attending the event which runs from February 28-March 5 2023, discussing plans and highlighting their latest achievements in the APAC region.

Darren McGoldrick, Luxaviation Asia Pacific, Vice President, says: “One topic will be the continuing improvements and expansion of our FBO network.”

“We’re celebrating record movement numbers in 2022 at our ExecuJet bases in Sydney and Melbourne in Australia and Auckland in New Zealand. We only bought the Air Center One base at Auckland International Airport in January 2022, so we’re naturally thrilled with how well that FBO has performed in our first year of ownership. The team there has done a fantastic job in delivering such a high level of service and managing client communications as we integrate the FBO into our brand.”

Patrick Hansen, CEO, Luxaviation Group,adds: “As the post-pandemic recovery continues, our business and leisure traffic across the APAC region is increasing not only domestically but also internationally. In fact, our movement numbers are rising even above pre-COVID levels.”

“And we’re also still celebrating our two Australian FBOs gaining the International Standard for Business Aircraft Handling [IS-BAH] Stage Three accreditation in 2022.”

“ExecuJet Sydney and Melbourne were not only the first FBOs in Australia or New Zealand to secure IS-BAH Stage Three accreditation but also the first FBOs in our global network to achieve this status.”

“IS-BAH Stage Three accreditation verifies our safety management activities are fully integrated into our business and we are sustaining a positive safety culture.”

“We believe in the best, in service and safety, at Luxaviation Group and ExecuJet. Our commitment to IS-BAH is critical in delivering a consistently high level of service to our clients globally. We have been recognised for our high service standards in the latest AIN Survey results which ranked ExecuJet Sydney the number one FBO in Asia Pacific and in the Top Three globally outside of the US.”

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Patrick Hansen Group Chief Executive Officer – Luxaviation

Patrick Hansen

Group Chief Executive Officer

Patrick Hansen was born in Luxembourg. He holds a Commercial Engineering degree from ICHEC, Brussels and an MBA Finance degree from McGill University, Montreal. He started his career in finance and banking in London and Moscow and successfully created several companies, one of which was sold to Nasdaq-quoted Company (MMW) and another one to a company listed on the Australian Stock Exchange (REA).

In 2007, he co-founded Edison Capital Partners S.A., an asset management company specialising in shipping, aviation and industrial participations. He founded Luxaviation Luxembourg in 2008 and became its Chief Executive Officer.

Luxaviation Group

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Yoga Clothing Market is estimated to surge at a CAGR of 7.8% to reach US$ 70,291.0 Million by the end of 2030

Yoga Clothing Market is estimated to surge at a CAGR of 7.8% to reach US$ 70,291.0 Million by the end of 2030

PORTLAND, OREGON, UNITED STATES, February 14, 2023 /EINPresswire.com/ — According to a new report published by Allied Market Research, titled, “Yoga Clothing Market by Product Type, End User, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global yoga clothing market size is expected to reach $70,291.0 million by 2030 at a CAGR of 7.8% from 2021 to 2030.

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Yoga is a combination of spiritual, physical, and mental discipline originated in India. It is a holistic discipline based on an extremely subtle science, majorly focusing on bringing harmony between body and mind. Yoga is well-known for promotion of health, management, disease prevention, of many lifestyle-related disorders. In addition, practicing yoga improves strength, flexibility, breathing & lung capacity, and posture. It thus aids in managing anxiety, stress, depression, and other chronic diseases. The rising awareness regarding the mental and physical health benefits of practicing yoga is compelling the population to increasingly join yoga classes, thereby increasing the number of yoga participants. The rising number of yoga participants is a significant driver of the global yoga clothing market.

The yoga clothing market growth is propelled by alarming surge in incidence of obesity and health-related diseases. In addition, consumers are increasingly following fitness practices such as yoga and are engaged in purchasing accessories for the same such as yoga clothing, blocks, and yoga mats, which boost the growth of the global yoga clothing market. Furthermore, governments of various countries and yoga & fitness clubs have been actively engaged in promoting yoga worldwide, which has resulted in increased awareness of benefits of yoga globally. For instance, the Indian Prime Minister Narendra Modi proposed the idea of International Yoga Day at United Nations General Assembly (UNGA) in 2014. This encouraged people worldwide to practice and get involved in yoga and Pilates. Moreover, in 2016, the Indian Prime Minister asked his ministers to make Yoga a mass movement. All these factors collectively are anticipated to increase the number of yoga practitioners, which, in turn, will propel the demand for yoga clothing, thereby driving the growth of the global yoga clothing market.

According to the global yoga clothing market analysis, the market is segmented on the basis of product type, end user, and distribution channel. On the basis of product type, the market is segregated into top wear and bottom wear. On the basis of end user, it is classified into men and women. On the basis of distribution channel, the yoga clothing market is segmented into supermarkets/hypermarkets, specialty stores, e-commerce, and others.

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On the basis of region, the yoga clothing market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Spain, Netherlands, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).

According to the yoga clothing market forecast, on the basis of product type, the top wear segment is expected to be the fastest-growing segment owing to the growing number of yoga practitioners owing to the rising prevalence of obesity among the global population. Upsurge in investment in R&D to enhance characteristics, usability, effectiveness, and comfort of yoga clothing is anticipated to propel the market growth.

On the basis of the end user, the women segment accounted for 60.9% of the overall market share. The increased awareness among the women regarding the body aesthetics is propelling the women participation in yoga. Further, female celebrities such as Kim Kardashian, Demi Moore, Madonna, Shilpa Shetty, Kareena Kapoor, and Bipasha Basu encourages the female population to indulge in yoga activities.

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Players operating in the yoga clothing market have used a variety of developmental strategies to expand their market share, exploit the yoga clothing market opportunities, and boost market profitability. The key players profiled in this report include Nike, Puma, Asics, Under Armour, Inc., Adidas, Lululemon Athletica, Manduka, Prana, Hugger Mugger, and Aurorae Yoga, LLC.

Key findings of the study

The yoga clothing market was valued at $33,680.0 million in 2020, and is estimated to reach $70,291.0 million by 2030, growing at a CAGR of 7.8% during the forecast period.

By product type, the bottom wear segment is estimated to witness the fastest growth, registering a CAGR of 8.1% during the forecast period.

In 2020, depending on end user, the women segment was valued at $20,520.7 million, accounting for 60.9% of the global yoga clothing market share.

In 2020, the U.S. was the most prominent market in North America, and is projected to reach $5,855.5 million by 2030, growing at a CAGR of 6.4% during the forecast period.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Shabir Hussain Ceo , SHAM LUXURY PROPERTIES London, England, United Kingdom

Shabir Hussain CEO & FOUNDER, SHAM LUXURY PROPERTIES London, England, United Kingdom

Shabir has years of experience in Banking, Corporate Purchasing and Real-Estate, having held positions at BNP Paribas, Fam Properties and Birmingham City Council.

When he saw there was a Demand, he didn’t wait for the opportunity he created it and became that bridging gap between the UK and UAE to serve investors.

The GLOBAL strategist

The market today

SHAM | EDITION VISION & VALUES

Our team has a great interest in focusing on key developing regions, that have a low supply and a high demand for property. Secondly, our focus is on London, Birmingham and Manchester as these are the top three cities with outstanding universities for the international clients to generate a lucrative return. We also provide Bespoke Residential Apartments in Dubai, built to impress with the unique designs and architecture overlooking the breath-taking views. These signature developments add value to our investor’s portfolios.

Moreover, we are that bridging gap between the buyer’s and the sellers worldwide, we make the possible happen, and facilitate the most important transaction with integrity.

Our team are highly driven and do things that other people are afraid to do, to win in the market. We have partnered up with several recognized developers in the United Kingdom and United Arab Emirates, serving clients to buy and sell the most luxurious properties with peace of mind.

FREQUENTLY ASKED QUESTIONS BY INVESTORS

Subsequently, with all the issues the world has been facing since the Global Pandemic, Investors are keen to ask questions about the condition of the market before making any decisions. The most common question I get asked is “when to invest”, well, my answer is, “there is not a Golden time to invest.

The best time to buy is in a low market, which enables you to minimize your risks, while maximising your upside potentials and most importantly to factor your exit strategy in place, this allows you to maximise your returns.

This can only be done right, if the investment advisor has made an educated decision in sourcing, reviewing and structuring the deal, in a way that will benefit your investment.

HOW RESILIENT WAS THE UK REAL ESTATE MARKET BEFORE COVID 19

As you all know the UK market is one of the strongest markets in the world, attracting thousands to invest in prime areas. In 2019 the national housing price growth come to a standstill due the lack of supply, this was a positive for landlords as the rental growth saw a slight increase during 2019 due to declining availability of homes to let. So, this just shows there was a Supply vs Demand issue that we were facing.

The private rents in London on average rose by 0.9% in nominal terms in the year to June 2019 (ONS). This is up from -0.2% in June 2018 and marks seven consecutive months of positive nominal rental growth.

DID THE PANDEMIC IMPACT THE REAL ESTATE MARKET

 

The whole world was on a standstill and the property prices fell sharply after the onset of COVID-19 when the ockdown measures restricted the completion of property transactions.However, they quickly recovered, reaching a new record peak by November 2020.

These increases were mainly driven by the policies introduced early on to support businesses, household incomes and the housing market. These boosts to demand interacted with the decades- long under supply of housing – exacerbated by even worse than usual construction levels in Q2 2020.

Movement restrictions introduced in the second quarter of the year followed by the gradual easing of restrictions and the subsequent introduction of a property transaction tax holiday in July 2020 (which was due to run until March 2021) have made 2020 an unusual year in the housing market.

HMRC estimates pointed towards a 14.9% yearon-year increase in UK residential property transactions over 2021-22 (1,374,050), with annual volumes reaching their highest level since 2007- 08 (1,473,950) and year-on-year growth in the post-financial crisis era surpassed only by that in 2013-14 (22.8%).

Despite transaction volumes contracting for three consecutive quarters through Q4 2021, from the record high of Q2 2021 and as a combination of temporary stimulus support being wound down and exponential growth in house prices pressured affordability for many, quarterly transaction volumes remained both above or in line with the long-term average, and above levels recorded during the lockdown nadir through near-term post-lockdown recovery period.

shabir-hussain ceo sham luxury properties

Shabir-hussain Ceo Sham Luxury Properties

WHAT’S HAPPENING IN THE MARKET NOW

As a result of the fall and the subsequent recovery of London rents during the pandemic, annual increases in average asking rents were at a high of 15.8% in the second quarter of 2022, with Rightmove recording the highest annual growth ever in any region.

Demand for private rental homes remains above supply in London and there are signs that both supply and demand are continuing to increase slowly, despite reports of many landlords considering leaving the market.

According to the House Price Index from the ONS, London house prices rose by 7.9% over the year to April, up from 4.9% annual growth in March. The average house price was highest in
Kensington & Chelsea at £1.5 million, and lowest in Barking & Dagenham at £336,000.

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AUDI AG
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Markus Duesmann, CEO of AUDI AG

Markus Duesmann, CEO of AUDI AG

Chairman of the Board of Management and Board of Management Member for Product Lines at AUDI AG
  • Markus Duesmann was born on June 23, 1969 in Heek, North Rhine-Westphalia. In 1991, he completed his studies of mechanical engineering at Muenster University of Applied Sciences with a degree in engineering.
  • He began his career in 1992 as a design engineer for a V12 series-production engine at Mercedes-Benz in Stuttgart. In 1995, he moved to the development service provider FEV GmbH in Aachen, where he held various positions, the last of which was head of the engine mechanics division.
  • In 2004, he took over the position of main department manager for new diesel engines at DaimlerChrysler AG in Stuttgart, and in 2005 became head of Formula 1 development at Mercedes-Benz in Brixworth in the United Kingdom.
  • In 2007, Markus Duesmann moved to BMW AG as head of Formula 1 powertrain. After holding several responsible positions at that company, he was Board of Management Member for Purchasing and Supplier Network at BMW AG from October 2016 until July 2018.
  • The Supervisory Board of AUDI AG appointed Markus Duesmann as Chairman of the Board of Management of AUDI AG effective April 1, 2020. Moreover, he is entrusted with responsibility for the China business and with Board of Management responsibility for Product Lines at AUDI AG. Markus Duesmann has also been a member of the Board of Management of the Volkswagen Group since April 2020 and in this function heads the Premium Brand Group with Audi, Bentley, Ducati and Lamborghini.
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