Hong Kong Book Fair

Scholastic Reports Fiscal 2024 Second Quarter Results

Retrieved on: 
Thursday, December 14, 2023

NEW YORK, Dec. 14, 2023 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today reported financial results for the Company's fiscal second quarter ended November 30, 2023.

Key Points: 
  • Operating income was $101.3 million in the quarter, an increase of $1.2 million from $100.1 million a year ago.
  • Adjusted EBITDA (a non-GAAP measure of operations explained in the accompanying tables) increased $1.7 million to $124.0 million.
  • In the fiscal second quarter, the Children's Book Publishing and Distribution segment's revenues decreased 6% to $392.8 million.
  • Improved results were primarily driven by Canada, which benefited from the reorganization of Book Clubs.

HKTDC welcomes 2023 Policy Address

Retrieved on: 
Wednesday, October 25, 2023

HONG KONG, Oct 25, 2023 - (ACN Newswire) - The Hong Kong Trade Development Council (HKTDC) welcomes the 2023 Policy Address, delivered today by the Hong Kong Special Administrative Region's (HKSAR) Chief Executive Mr John Lee.

Key Points: 
  • HONG KONG, Oct 25, 2023 - (ACN Newswire) - The Hong Kong Trade Development Council (HKTDC) welcomes the 2023 Policy Address, delivered today by the Hong Kong Special Administrative Region's (HKSAR) Chief Executive Mr John Lee.
  • The Policy Address presents a comprehensive set of measures encompassing various areas, such as the economy and trade, people's livelihood and youth development.
  • The Policy Address states the Government will leverage Hong Kong's advantages in professional services to develop the city into a regional intellectual property (IP) trading centre.
  • The Policy Address outlined the Government's intention to continuously promote the development of the convention and exhibition (C&E) industry.

Scholastic Reports Fiscal 2024 First Quarter Results

Retrieved on: 
Thursday, September 21, 2023

NEW YORK, Sept. 21, 2023 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today reported financial results for the Company's fiscal first quarter ended August 31, 2023. The Company typically generates an operating loss in the first quarter, when schools are not in session.

Key Points: 
  • Adjusted EBITDA  (a non-GAAP measure of operations explained in the accompanying tables) decreased $35.0 million to a loss of $70.6 million.
  • In the fiscal first quarter, the Children's Book Publishing and Distribution segment's revenues decreased 18% to $102.8 million.
  • Book Fairs revenues were $27.3 million, down 4% from the prior year period, primarily due to lower Scholastic Dollar redemptions.
  • We expect participation at our in-person book fairs to remain strong in fiscal 2024, with fair count on track to reach approximately 90% of pre-pandemic levels.

Forward Fashion's presents four large-scale arts and cultural projects for Art Macao 2023 with three art brands it operates

Retrieved on: 
Friday, August 18, 2023

This year's "Art Macao" began on 28 July 2023 and will run until October 2023.

Key Points: 
  • This year's "Art Macao" began on 28 July 2023 and will run until October 2023.
  • During this period, the Group collaborates with over 14 international and local art units to create original art content for Macau.
  • It is also Artelli's first participation in "Art Macao 2023", a major international arts and cultural event in the city, showcased in the form of a collateral exhibition.
  • Through its original art brands Artelli and ASCE, Forward Fashion will collaborate with high-end brands, well-known IPs and artists, to introduce more exclusive and first-of-their-kind collaborative projects.

Nearly 1 million visitors flock to Hong Kong Book Fair

Retrieved on: 
Tuesday, July 25, 2023

HONG KONG, July 25, 2023 - (ACN Newswire) - The 33rd HKTDC Hong Kong Book Fair, 6th Sports and Leisure Expo, and 3rd World of Snacks, all organised by the Hong Kong Trade Development Council (HKTDC), drew to a successful close today.

Key Points: 
  • HONG KONG, July 25, 2023 - (ACN Newswire) - The 33rd HKTDC Hong Kong Book Fair, 6th Sports and Leisure Expo, and 3rd World of Snacks, all organised by the Hong Kong Trade Development Council (HKTDC), drew to a successful close today.
  • The 33rd HKTDC Hong Kong Book Fair, 6th Sports and Leisure Expo, and 3rd World of Snacks
    Sophia Chong, Acting Executive Director of the HKTDC, said: "We are thrilled to announce the resounding success of this year's Hong Kong Book Fair, Sports and Leisure Expo, and World of Snacks.
  • September will bring CENTRESTAGE and Hong Kong Watch & Clock Fair, as well as the Belt and Road Summit, while October is set to feature the Hong Kong International Lighting Fair (Autumn Edition), Hong Kong Electronics Fair (Autumn Edition), and Eco Expo Asia.
  • In November, the HKTDC will host the Hong Kong International Wine and Spirits Fair, Hong Kong International Optical Fair, and Asian Logistics, Maritime and Aviation Conference.

Privacy Awareness Week 2023 PCPD Launches the New Book 《私隱法.保 — 了解你的個人資料私隱》(“The Treasure-trove of Privacy – Understanding Your Personal Data Privacy”)

Retrieved on: 
Wednesday, July 26, 2023

Date: 25 July 2023

Key Points: 
  • Date: 25 July 2023
    Privacy Awareness Week 2023
    PCPD Launches the New Book
    《私隱法.保 — 了解你的個人資料私隱》
    (“The Treasure-trove of Privacy – Understanding Your Personal Data Privacy”)
    The Office of the Privacy Commissioner for Personal Data (PCPD) launched the new book《私隱法.保 — 了解你的個人資料私隱》(“The Treasure-trove of Privacy – Understanding Your Personal Data Privacy”) and held a seminar on “Cyberbullying and Doxxing Behaviour involving Students” at the Hong Kong Book Fair 2023 on 24 July.
  • The Privacy Commissioner for Personal Data (Privacy Commissioner), Ms Ada CHUNG Lai-ling, introduced the new Chinese book 《私隱法.保 — 了解你的個人資料私隱》(“The Treasure-trove of Privacy – Understanding Your Personal Data Privacy”) published by the PCPD and the City University of Hong Kong Press, and shared some practical tips for protecting personal data in daily life to deepen the public’s understanding of the Personal Data (Privacy) Ordinance (PDPO).
  • The Privacy Commissioner, Ms Ada CHUNG Lai-ling, said at the book launch, “The new book is suitable for readers of different ages.
  • I hope that the general public will be able to resolve any problems relating to their personal data privacy by reading the book.

Privacy Awareness Week 2023 PCPD Launches the New Book 《私隱法.保 — 了解你的個人資料私隱》(“The Treasure-trove of Privacy – Understanding Your Personal Data Privacy” )

Retrieved on: 
Tuesday, July 25, 2023

Date: 25 July 2023

Key Points: 
  • Date: 25 July 2023
    Privacy Awareness Week 2023
    PCPD Launches the New Book
    《私隱法.保 — 了解你的個人資料私隱》
    (“The Treasure-trove of Privacy – Understanding Your Personal Data Privacy” )
    The Office of the Privacy Commissioner for Personal Data (PCPD) launched the new book《私隱法.保 — 了解你的個人資料私隱》(“The Treasure-trove of Privacy – Understanding Your Personal Data Privacy”) and held a seminar on “Cyberbullying and Doxxing Behaviour involving Students” at the Hong Kong Book Fair 2023 on 24 July.
  • The Privacy Commissioner for Personal Data (Privacy Commissioner), Ms Ada CHUNG Lai-ling, introduced the new Chinese book 《私隱法.保 — 了解你的個人資料私隱》(“The Treasure-trove of Privacy – Understanding Your Personal Data Privacy”) published by the PCPD and the City University of Hong Kong Press, and shared some practical tips for protecting personal data in daily life to deepen the public’s understanding of the Personal Data (Privacy) Ordinance (PDPO).
  • The Privacy Commissioner, Ms Ada CHUNG Lai-ling, said at the book launch, “The new book is suitable for readers of different ages.
  • I hope that the general public will be able to resolve any problems relating to their personal data privacy by reading the book.

Scholastic Reports Fourth Quarter and Fiscal 2023 Results

Retrieved on: 
Thursday, July 20, 2023

NEW YORK, July 20, 2023 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today reported financial results for the Company's fiscal fourth quarter and full year ended May 31, 2023.

Key Points: 
  • Operating Income increased 40% to $92.0 million in the quarter, while Adjusted EBITDA (a non-GAAP measure of operations explained in the accompanying tables) increased 30% to $115.0 million.
  • In the fiscal fourth quarter, the Children's Book Publishing and Distribution segment's revenues increased 5% to $291.0 million.
  • Book Fairs revenues increased 12% to $180.5 million on increased fair count, which ended the year at approximately 85% of pre-pandemic levels compared to 72% in the prior fiscal year.
  • Operating income increased 20% to $55.0 million, as the segment benefited from higher revenues and the timing of marketing costs.

Privacy Commissioner’s Office Publishes a New Book Entitled “《私隱法.保 — 了解你的個人資料私隱》 [The Treasure-trove of Privacy – Understanding Your Personal Data Privacy]”

Retrieved on: 
Thursday, July 20, 2023

Date: 20 July 2023

Key Points: 
  • Date: 20 July 2023
    Privacy Commissioner’s Office Publishes a New Book Entitled
    “《私隱法.保 — 了解你的個人資料私隱》
    [The Treasure-trove of Privacy – Understanding Your Personal Data Privacy]”
    In the light of rapid technological changes and different challenges posed to personal data privacy in recent years, the Office of the Privacy Commissioner for Personal Data (PCPD) has collaborated with the City University of Hong Kong Press to publish a new Chinese book “The Treasure-trove of Privacy – Understanding Your Personal Data Privacy” (《私隱法.保 — 了解你的個人資料私隱》) to enable members of the public better understand the requirements of the Personal Data (Privacy) Ordinance (PDPO) and how to protect their personal data privacy in their daily lives.
  • The book is now available for sale at the booth of City University of Hong Kong Press at the Hong Kong Book Fair 2023 (Booth No.
  • 3G-D07) at the Book Fair to promote the importance of respecting and protecting personal data privacy to the public.
  • It illustrates the application of the PDPO using real-life scenarios and decided court cases to help readers understand how to safeguard their personal data privacy.

SCHOLASTIC NAMES SASHA QUINTON EXECUTIVE VICE PRESIDENT AND PRESIDENT OF THE NEWLY INTEGRATED SCHOOL READING EVENTS DIVISION

Retrieved on: 
Monday, June 5, 2023

NEW YORK, June 5, 2023 /PRNewswire/ -- Scholastic (NASDAQ: SCHL), the global children's publishing, education and media company, today announced that Sasha Quinton has been named Executive Vice President and President, School Reading Events.

Key Points: 
  • NEW YORK, June 5, 2023 /PRNewswire/ -- Scholastic (NASDAQ: SCHL), the global children's publishing, education and media company, today announced that Sasha Quinton has been named Executive Vice President and President, School Reading Events.
  • Previously EVP and President, School Book Fairs, Ms. Quinton brings growth-focused, strategic leadership to the newly combined U.S. Book Fairs and Book Clubs divisions.
  • In this new role for the Company, Ms. Quinton continues to be a member of the executive committee, reporting to Scholastic President and CEO Peter Warwick.
  • "Sasha's promotion to this new, expanded role is a critical part of our larger strategy for Scholastic.