AMTD IDEA Group (“AMTD IDEA”) AMTDHKB)), a subsidiary of AMTD Group Company Limited (“AMTD Group”) and a leading platform for comprehensive financial services and digital solutions, and AMTD Digital Inc. (“AMTD Digital”) HKDa controlled and consolidated subsidiary of AMTD IDEA and a comprehensive one-stop digital solutions platform in Asia, jointly announced that AMTD Group has signed a term sheet (the “Term Sheet”) with Ms. Vivienne Tam for the acquisition of the ” VIVIENNE TAM” brand, including the acquisition of certain assets and intellectual property worldwide (the “Asset Acquisition”). Ms. Vivienne Tam will be appointed Head of Design and Creations for AMTD Digital and, subject to corporate governance approval processes, a Board Member appointed by AMTD Digital.
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VIVIENNE TAM is a leading international fashion brand that stems from its Hong Kong roots with Asian heritage and embodies AMTD Group’s global vision of building bridges between East and West. VIVIENNE TAM was founded in 1993 in New York City by internationally renowned fashion designer Vivienne Tam, recognized by Forbes Magazine as one of the “25 Top Chinese-Americans in Business” and by People Magazine as one of the “50 Most Beautiful People” in the World With this acquisition of assets, the AMTD Group intends to continue its efforts in the development and…
