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NWD Reportedly In Talks with LV, which Wants to Open 40,000 sq ft Store at K11 Musea
NEW WORLD DEV (00017.HK) is in talks with luxury brand Louis Vuitton (LV), which intends to open a new store spanning approximately 40,000 square feet at the K11 Musea mall in Tsim...
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NWD Reportedly In Talks with LV, which Wants to Open 40,000 sq ft Store at K11 Musea
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NEW WORLD DEV (00017.HK)  -0.140 (-2.917%)    Short selling $3.49M; Ratio 12.215%   is in talks with luxury brand Louis Vuitton (LV), which intends to open a new store spanning approximately 40,000 square feet at the K11 Musea mall in Tsim Sha Tsui, Bloomberg, citing sources, reported.

The store, if realized, would become one of LV's largest outlets in Asia and may feature a museum, a cafe, and a VIP client lounge.

Discussions are reportedly progressing smoothly, though specific details remain subject to change, and the deal could lapse.

NWD opened 1.28% higher today (18th), reaching a high of HKD5.61. It last posted at HKD5.54, up 1.09%, with a trading volume of 8.3387 million shares, amounting to HKD46.295 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-04-28 16:25.)

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