Tag: Chow Tai Fook

Retail Asia24/06/2022
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2min0
Giordano International Ltd. climbed as much as 23% after an investment vehicle owned by Hong Kong’s third-richest person offered to buy the apparel retailer. Clear Prosper Global Ltd., a BVI vehicle wholly-owned by Chow Tai Fook Nominee Ltd., offered to buy Giordano for HK$1.88 (24 cents) per share, according to a filing late Thursday. That’s an […]

Retail Asia19/10/2020
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2min0
Growing demand due to innovation in designs and changing fashion trends will help to boost the global jewelry market in the forecasted period. Jewelry refers to ornaments such as earrings, neckless, bracelets, pendants, stones, rings, and metals. Jewelry is available in the form of gold, silver, diamond, platinum, and gems. Upsurging demand for jewelry on […]

Retail Asia16/03/2020
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2min0
Hong Kong-based jewelry group Chow Tai Fook has closed 40 stores in Hong Kong after experiencing a 60-per-cent drop in retail sales there amidst the coronavirus outbreak. Sales on the mainland fell 42 percent, according to an update on trading for the first two months of this year. “In response to the measures of local […]

Retail Asia21/02/2020
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1min0
Chow Tai Fook has completed a full acquisition of the luxury colored-gem jewelry brand Enzo. Enzo currently operates 60 points of sale in Mainland China, most of which are in Tier I and II cities. It also maintains a robust presence on several major Chinese e-commerce platforms. Under Chow Tai Fook’s ownership, the Enzo brand […]

Retail Asia18/02/2020
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4min0
The world’s leading jeweller Chow Tai Fook, in collaboration with Platinum Guild International (PGI) and Disney, recently launched the ‘Frozen II’ new platinum collection in Chengdu, Sichuan Province. The new collection features snowflakes as the key design element, a perfect symbol to represent the pure white shine of platinum. Chow Tai Fook’s ‘Frozen II’ new […]

Retail Asia16/01/2020
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2min0
Chow Tai Fook Jewellery Group has revealed plans to shut about one in five of its Hong Kong stores, the majority of them in prime tourist areas. The closures will take effect when leases come up for renewal throughout this year, starting from April according to an emailed statement cited by Bloomberg. The move follows […]

Retail Asia21/01/2019
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2min0
Luk Fook sales in the third quarter fell 10 per cent on a same-store basis. “Recent market sentiment has been adversely impacted by the US-China trade war, the depreciation of Renminbi, and downward pressure in the stock and property markets,” said chairman Wai Sheung Wong ina  stock exchange filing. Luk Fook says same-store sales of […]

Retail Asia31/12/2018
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2min0
Chow Tai Fook Jewellery Group has signed a memorandum of understanding with Chinese online platform Tencent to allow jewellery purchases using WeChat Pay. In a move to promote “seamless cross-border intelligent consumption”, the agreement allows Hong Kong WeChat users to use the platform’s digital payment solution to make purchases at specified Chow Tai Fook jewellery […]

Retail Asia04/12/2018
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2min0
Chow Tai Fook opened 233 stores in Mainland China in the first half – and is planning another 400 next financial year. The Hong Kong-listed jeweller is targeting shopping malls for its new stores, and second-tier cities. The latest additions took the company’s global network to 2822, with 2682 of those located on the mainland. […]

Retail Asia24/10/2018
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3min0
Chow Tai Fook sales soared 25 per cent in Hong Kong and Macau in the September quarter.  On the mainland, sales rose by a solid 15 per cent. Same-store sales rose 23 per cent in Hong Kong and Macau and by 6 per cent on the mainland, according to a stock exchange filing by the […]

Retail Asia18/10/2018
2min0
Chinese-American fashion designer Vera Wang and Chow Tai Fook, the jeweller, have collaborated on a fine jewellery collection to launch this week in China. Hong Kong will follow. The Vera Wang Love collection targets modern Chinese brides with a penchant for diamonds, casting pieces in 18K gold and platinum – including engagement rings, wedding bands, […]

Retail Asia18/04/2018
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3min0
Chow Tai Fook Jewellery Group’s fourth quarter saw e-commerce business soar in Mainland China. Retail sales value grew at the rate of 38 per cent year-on-year accompanied by a volume boost of 34 per cent. During the three months to the end of March, the percentage of retail sales value settled by Alipay, China UnionPay, […]


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