Tristate Holdings Limited ( (HK:0458) ) just unveiled an announcement.
Tristate Holdings Limited announced a strategic review of its licensed brands portfolio, particularly regarding its Reebok business strategy in its operating regions. The review aims to optimize resource allocation for long-term growth, although no changes to the Reebok license agreement have been finalized yet. The announcement underscores the company’s commitment to adapting to market dynamics and ensuring sustainable brand performance.
More about Tristate Holdings Limited
Tristate Holdings Limited is involved in garment manufacturing and brand business. It has a licensing agreement with Authentic Brands Group for distributing Reebok branded products in Mainland China, Hong Kong, Macau, and Taiwan.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €95.08M
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