The reopening marks a key milestone in Cole Haan’s continued international retail expansion and its commitment to delivering elevated, design-driven experiences across global markets.

SHANGHAI, Dec. 19, 2025 /PRNewswire/ — Cole Haan, the iconic American lifestyle and premium footwear brand, is pleased to announce the reopening of its newly relocated store in HKRI Taikoo Hui, one of Shanghai’s premier luxury and lifestyle destinations. In celebration of the opening, guests will enjoy 15% off all items with any purchase from December 19-31.

Cole Haan’s Taikoo Hui Store

This reopening represents a significant moment in Cole Haan’s continued strategic growth across Greater China. Taikoo Hui—located in the heart of West Nanjing Road in Shanghai’s Jing’an District—attracts a dynamic community of style-conscious professionals, tastemakers, and global travelers. Cole Haan’s return to this destination reinforces its commitment to serving this influential consumer base and elevating its premium retail experience in Shanghai.

The store is in partnership with HiMaxx, a pioneering retailer in China, and Cole Haan’s distribution partner in the region. Designed under Cole Haan’s newest retail concept, the 115-square-meter space introduces a refined evolution of the brand’s modern identity featuring brass storefront framing, a central shelving installation that spotlights the season’s key styles, oak flooring, and furniture in tonal blues and greens—together creating a warm, inviting, design-forward atmosphere. Situated on the mall’s second floor, Cole Haan’s new location sits among premium brands, contributing to an elevated shopping experience for visitors.

“We are proud to reopen in one of Shanghai’s most dynamic retail destinations,” said Adrian Santos, Senior Vice President of International at Cole Haan. “This relocation underscores our ongoing commitment to the China market and our dedication to bringing world-class design, comfort innovation, and a premium shopping experience to consumers in Shanghai. We look forward to welcoming customers into this elevated new space as we continue to grow our presence across the region.”

Shoppers will discover highlights from the Winter 2025 Cole Haan Comfortable™ campaign, alongside a limited-edition dual-gender GrandPrø Topspin Sneaker inspired by Lunar New Year. Additional offerings include the brand’s newest weather-ready innovations, such as the Men’s ZERØGRAND Remastered Waterproof Hiking Boots and Women’s Florette Pumps featuring Grand Lux Cushioning Technology, designed for plush, all-day wearability.

Customers can discover the Cole Haan Taikoo Hui location at Shop L281E, 2F, HKRI Taikoo Hui, No.288 Shimen Yi Road, Jing An District, Shanghai, following regular mall hours (Monday–Sunday: 10 AM–10 PM). To view additional locations, visit the online store locator.

ABOUT COLE HAAN
Cole Haan is a global American lifestyle brand available in more than 100 countries, serving always-connected, active professionals with innovative footwear and lifestyle accessories. With a nearly 100-year heritage, Cole Haan infuses its products with time-honored craftsmanship and modern innovation—creating styles designed for work, workout, and weekend. Cole Haan’s mission is to inspire customers to live extraordinary lives. To learn more, visit colehaan.com. Follow along @colehaan.

ABOUT TAIKOO HUI
Located at a prime location on the Nanjing Road (West) CBD, HKRI Taikoo Hui is a landmark mixed-use development in Shanghai that offers a diversified trendy and luxury lifestyle. The development comprises a retail mall, two Grade-A office towers, two boutique hotels, a serviced apartment building and a century-old historic mansion named Cha House. The commercial complex features a parallel layout of Shimen Road (No.1), the south-north corridor inside the mall, and Discovery Boulevard, along with two large open-air event venues, North Piazza and South Garden, a multi-functional Event Centre, and a unique Roof Garden in the heart of the city. The remarkable design facilitates seamless connections and close interactions across various buildings and functional spaces, establishing a dynamic destination that sparks boundless imagination regarding modern trends and luxury living.

HKRI Taikoo Hui is a 50-50 joint venture between two Hong Kong-listed companies, HKR International and Swire Properties, which jointly own and manage the complex. Through a pioneering business model that emphasises symbiotic progress with the city, brands and consumers, the complex inherits the vibrant legacy of the century-old Nanjing Road (West) neighbourhood and creates a world-class, bespoke experience, establishing itself as a remarkable new landmark in Shanghai.

ABOUT HIMAXX
HiMaxx is a leading membership-based retail company in China. Since its establishment, it has opened 71 large-scale stores across the country and is rapidly expanding. HiMaxx’s core business focuses on the retail of globally renowned brands in apparel, footwear, and beauty products. HiMaxx has established partnerships with numerous world-famous brands and hundreds of distributors. The company’s business scope includes brand retail, distribution, E-commerce and commercial real estate operations. With the principle of customer-first, HiMaxx has served millions of members. Visit www.hpcang.com.

PRESS CONTACTS:
Cole Haan
press@colehaan.com

HIMAXX
Cecilia Lai, Marketing Director
laiqiuting@hpcang.com

Cole Haan’s Taikoo Hui Store

Cole Haan’s Taikoo Hui Store

Cole Haan’s Taikoo Hui Store

The global pioneer in smart technology to showcase direct-drive wheels, modular pedals, high-performance controllers, and more in Las Vegas!

LAS VEGAS, Dec. 19, 2025 /PRNewswire/ — PXN, a leading brand of gaming peripherals, is proud to announce its attendance at CES 2026 on January 6–9, 2026. The exhibition will take place in Las Vegas, with PXN located at Central Hall, Booth 15941. As a global smart hardware company, which always puts users at the center, PXN will showcase the official 2026 hardware line-up, including the best-selling Direct Drive VD Series, Next-Gen Vector X pedals & GT ONE Wheel, a variety of controllers including new teasers, and the V10 DD Series: the entry-level Direct Drive bundle shaking the sim-racing market. 

VD Series Direct Drive Ecosystem: New-Gen Direct Drive is Now:

PXN’s VD Series is a tiered direct-drive ecosystem built around a low-inertia, cog-free multi-pole servo motor, a high-resolution 24-bit magnetic encoder, and PXN’s Sense+ force-feedback algorithm, aimed at delivering “high-detail” Direct Drive feel with smoothness you can actually feel at the rim. The range is deliberately stepped: VD4 (4Nm constant / 5Nm peak) as the entry point, VD6 (6Nm constant / 7Nm peak) as the all-rounder, and VD10 (10Nm constant / 11Nm peak) as the halo/pro option for drivers who want stronger holding torque, faster response under load, and maximum performance during competitive sessions.

PXN Modular Load Cell Pedals (Vector X) and GT Wheel (GT One):

PXN’s upcoming GT One wheel and Vector X pedals aim squarely at the “serious modular” end of sim racing: a 300mm esports-style GT rim with telemetry shift lights and encoder-heavy input for in-car adjustments, paired with a carbon-focused pedal set built around load-cell braking and dual-sensor throttle measurement. The GT wheel stacks 12 RGB-backlit mechanical buttons, three 12-position absolute encoders, and two 7-way encoder switches, giving drivers the kind of control surface typically used for on-the-fly changes. On the pedal side, Vector X leans into mechanical stability and signal fidelity: a multi-link guided brake mechanism driven by a 200 kg load cell, plus a dual-sensor throttle combining a Hall angle sensor with a 15 kg load cell, all tied together with a 24-bit magnetic encoder and PXN’s proprietary X-Cross algorithm, with full parameter tuning through PXN SimRacing.

V10 Series Bundles: The Definitive Beginner Wheel

PXN’s V10 DD Series (V10 Ultra / V10 Pro) is positioned as a true “value-entry” direct drive bundle: a compact servo direct-drive wheelbase paired with a 270mm PU-leather D-shaped wheel and bundled pedals, built to give first-time racers the defining DD advantages (clean response, smooth force build-up, and better detail than gears/belts). The bundle is designed for multi-platform users (PC / PS4 / Xbox One & Series X|S via controller authentication) and supports dual-ecosystem tuning: deeper adjustments in PXN SimRacing (PC) plus quick changes and preset workflows in PXN NEXUS (mobile), so new drivers can get “good feel” fast and then refine over time.

P5 8K + P5 Controllers – Multiplatform & High Performance:

PXN’s P5 controller line provides competitive price point products, with two distinct philosophies: the PXN P5 focuses on maximising budget spend to performance, with durability and consistency via Hall-effect sticks + Hall linear triggers, while the PXN P5 8K takes it a step forward, pushing for ultra-fast response with dual 8K chips, capacitive joysticks, and an app-unlocked polling-rate ceiling up to 8000Hz.

Shifters, Button Boxes and Handbrakes – Immersion Amplified:

PXN’s growing accessory ecosystem is designed to elevate any racing setup into a fully interactive cockpit, with practical add-ons such as H-pattern and sequential shifters, analog handbrakes, and the best-selling CB1 Control Box for expanded, race-car-style input control. But that’s not all, PXN will also be showcasing other product categories, including the upcoming V2 WL gaming wheel, a dedicated flight simulator series, and additional accessories, further broadening the versatility and reach of the PXN ecosystem.

With its presence at the Expo, PXN aims to further expand its global recognition, highlight the breadth of its growing product ecosystem, and demonstrate how its hardware continues to push accessibility, performance, and innovation forward. Visitors are warmly invited to stop by the PXN booth to experience the full lineup firsthand, meet the team, and discover what’s coming next for sim racing, flight simulation, controllers, and beyond.

Don’t miss out. Meet us at CES 2026, Central Hall, Booth 15941, from January 6th to 9th. Schedule a demo or meeting with the PXN team today!

— end —

About PXN

PXN is a leading innovator in the design and manufacture of professional gaming peripherals, boasting 20 years of industry experience. The company’s extensive product lineup includes racing simulators, gaming controllers, flight simulators, and much more. Dedicated to empowering gamers, PXN’s goal is to seamlessly blend the core elements of gaming, fashion, and technology to create an all-encompassing ecosystem of electronic entertainment peripherals that unlock limitless possibilities for gamers worldwide.

For more information, please contact:

April Wen
Phone: +86-13006609109
Email: marketing@e-pxn.com

SEOUL, South Korea, Dec. 19, 2025 /PRNewswire/ — With 2025 nearing its end, a new economic direction is emerging in Korea’s policy landscape. After a year marked by weak demand, rising costs and heightened global uncertainty, the focus is shifting from short-term stabilization toward a broader reassessment of how the economy supports innovation, regional competitiveness and fair-market rules. A year-end policy review, together with the government’s 2026 blueprint, points to a deliberate effort to position small and midsize firms at the center of the country’s next phase of growth.

2025: When Policy Moved Out of the Office and Into the Economy

The policy environment in 2025 was shaped by sluggish domestic consumption, tighter global financial conditions, and mounting external pressures, including trade uncertainty and rising costs for small businesses. Against this backdrop, the Ministry of SMEs and Startups (MSS) pursued a dual strategy: stabilizing the economy in the short term while laying the groundwork for a renewed cycle of innovation-driven growth.

Reviving domestic demand was an immediate priority. Large-scale, cross-government consumption initiatives – most notably the nationwide Korea Grand Festival – were rolled out to boost spending in local markets and traditional commercial districts. Expanded digital gift-certificate programs and targeted rebate schemes reinforced these efforts, generating more than KRW 14.1 trillion (USD 9.5 billion) in consumer activity. The impact was tangible, contributing to the strongest quarterly increase in private consumption in three years.

At the same time, MSS moved to restart innovation engines that had stalled in earlier years. Funding for SME research and development, which had previously been sharply reduced, was restored and expanded, paving the way for a record KRW 2.2 trillion (USD 1.5 billion) allocation in 2026. The launch of a new Startup One-Stop Support Center further addressed regulatory, legal, and operational bottlenecks, resolving the vast majority of cases within days of submission and improving policy responsiveness on the ground.

Market indicators reflected this renewed momentum. By the third quarter of 2025, quarterly venture investment had reached KRW 4 trillion (USD 2.7 billion), the highest level in four years. SME exports also set a new quarterly record, totaling USD 30.4 billion over the same period – an outcome that underscored the sector’s resilience despite continued global headwinds.

Equally important, MSS strengthened the institutional foundations for fair competition and inclusive growth. Legislative reforms reinforced protections against technology theft, expanded profit-sharing frameworks, and improved payment practices between large corporations and their SME partners. These measures contributed to record levels of SME-linked transactions and signaled a deeper embedding of fair-trade and shared-growth principles across the industrial ecosystem.

A Strategic Pivot in 2026: Growth, Scale, and Market Leadership

Building on the stabilization achieved in 2025, the Ministry of SMEs and Startups’ 2026 policy blueprint marks a structural shift in Korea’s approach to SME and startup development. The central objective is to restore a clear pathway for growth – enabling firms to move from startup to scale-up, and from small and medium-sized enterprises to globally competitive companies.

At the heart of this shift is a recalibration of policy design. Rather than applying uniform support across the board, companies will be assessed based on growth potential and performance trajectory, with policy tools tailored accordingly. High-growth firms will receive more concentrated support in areas such as investment and research and development, while companies facing structural constraints will be guided toward business transformation, restructuring, or, where appropriate, an orderly exit.

This differentiated approach is intended to operate across the full SME ecosystem. Startups and venture firms will be supported not only at the point of entry, but through successive stages of scale, with targeted financing and accelerated growth programs designed to produce competitive global firms. Manufacturing SMEs will be positioned at the forefront of industrial AI adoption, with a focus on productivity gains and international competitiveness. Small merchants, meanwhile, will receive performance-based support that encourages innovation while maintaining essential safeguards for business continuity and resilience.

Expanding the Growth Base: From Capital Concentration to Nationwide Opportunity

A defining feature of the 2026 strategy is a decisive move away from capital-area concentration toward a more geographically balanced growth model. Policy support for regional ecosystems is set to more than double, underpinned by revised budget allocations, higher support ratios, and expanded region-specific funding designed to activate local innovation and investment.

By 2030, the government aims to develop ten regionally anchored startup hubs across the country. Rather than standalone facilities, these hubs are intended to function as integrated growth platforms – linking business infrastructure, skilled talent pipelines, commercialization support, and livability factors that make regions viable places to build and scale companies. Complementing this effort, regional venture funds – targeting a cumulative KRW 3.5 trillion (USD 2.3 billion) by the end of the decade – will provide a stable investment base, while cross-regional regulatory sandboxes are expected to ease structural constraints on expansion.

The objective is explicit: by 2030, half of Korea’s innovative SMEs are expected to be headquartered outside the capital area, up from less than 40 percent today.

A Data-Driven, Demand-Centric Support System

Policy delivery is also being overhauled to reflect how firms actually seek and use government support. A new Integrated SME Support Platform will serve as a single digital gateway, allowing businesses to identify relevant programs, receive AI-based recommendations, and apply through a simplified, one-stop process.

As processes are digitized, administrative requirements are expected to fall by more than half. At the same time, data-driven assessments of firm performance and growth potential will play a larger role in shaping public financing, bank lending, and venture investment decisions – helping align policy support more closely with actual market demand.

These changes point to a broader shift in policy philosophy. Rather than substituting for the market, government is repositioning itself as an enabler – reducing friction, improving information flows, and allowing private-sector decision-making to operate more effectively.

Toward a Private-Capital Led Venture Investment Ecosystem

One of the most ambitious elements of the 2026 agenda is the move toward a venture investment ecosystem led primarily by private capital. Government commitments to Korea’s Fund of Funds will increase significantly, but the role of the public sector is explicitly defined as catalytic – designed to draw in private investors rather than steer capital directly.

New institutional arrangements will enable pension funds and retirement savings to participate more actively in venture through dedicated structures that incorporate built-in risk-sharing. In parallel, regulatory adjustments are expected to lower barriers for banks engaging with venture assets, while long-underdeveloped secondary markets will be strengthened to improve exit options and capital circulation.

These reforms are intended to support the emergence of an annual venture investment market approaching KRW 40 trillion (USD 27 billion) – one driven largely by market participants, with public policy focused on expanding participation and removing structural constraints.

What is unfolding in Korea is not simply a recalibration of SME policy, but a broader attempt to reshape how growth is generated and sustained. By shifting attention toward smaller firms and regional ecosystems, the government is signaling a belief that competitiveness in the next decade will be built through adaptability, innovation, and market depth rather than scale alone. Whether this approach succeeds will ultimately be determined in the marketplace – but the strategic direction is now clear.

ABI Research identifies top performers in innovation and implementation as operators deploy cloud-native platforms across core and RAN workloads.

NEW YORK, Dec. 19, 2025 /PRNewswire/ — The telco cloud-native transformation is intensifying as operators work to optimize operations and prepare their networks for the next phase of the AI supercycle, driven by the distribution of AI inference across the network. Global technology intelligence firm ABI Research today announced the results of its latest competitive ranking of telco cloud-native platforms. The assessment finds that Wind River, Red Hat, and Rakuten Symphony have emerged as clear leaders in delivering container-as-a-service (CaaS) solutions optimized for 5G core and radio access network (RAN) workloads. These platforms are setting the pace for innovation and implementation as the telecom industry shifts toward more distributed, automated, and secure cloud-native architectures.

“Telco cloud-native platforms are no longer a future vision, they are being deployed today across core and RAN,” said Dimitris Mavrakis, Senior Research Director at ABI Research. “Operators need platforms that combine Kubernetes automation with telco-grade security, observability, and lifecycle management. Wind River, Red Hat, and Rakuten Symphony exemplify this approach, enabling carriers to scale efficiently while meeting stringent performance and reliability requirements.”

According to ABI Research’s Telco Cloud-Native Platforms: CaaS Layers for Core and RAN report, Wind River ranks first overall, driven by extensive deployments across Tier 1 operators and its ability to deliver deterministic performance for RAN and edge environments. Red Hat follows closely with its OpenShift platform, which has become a de facto standard for telco-grade Kubernetes by offering advanced CI/CD integration and multi-cluster policy governance. Rakuten Symphony secures the third position, leveraging operational expertise from Rakuten Mobile to deliver automation-first solutions that significantly reduce deployment timelines and operational complexity.

The report highlights several key market trends, including the expansion of network cloudification beyond the core, rising requirements for automation and security, and the growing importance of open ecosystems. The leading vendors identified in the competitive assessment demonstrate strong capabilities across each of these domains.

These findings are from ABI Research’s Telco Cloud-Native Platforms: CaaS Layers for Core and RAN competitive assessment. This report is part of the company’s Telco AI research service, which includes research, data, and ABI Insights.

About ABI Research

ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.

ABI Research是一家全球性的技术情报公司，拥有得天独厚的优势，充当终端市场公司和技术解决方案提供商之间的桥梁，通过提供独家研究和专业性指导，推动成功的技术实施和提供经证明可吸引和留住客户的战略，无缝连接这两大主体。

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.

Contact Info:
Global
Jason Scheer
Tel: +1.516.624.2558
pr@abiresearch.com