Chow Tai Fook Jewellery Group Ltd reported a 4 percent increase in sales in China during the Chinese New Year holidays. Same store sales in the mainland from January 14 to February 3 increased 1 percent while sales of gold products were up 14 percent. “Same store sales of gem-set jewellery in mainland China declined … Read More →
Hong Kong-based Chow Tai Fook Jewellery Group Ltd is still among the world’s top 10 luxury goods companies, earning US$8.29 billion in revenues in financial year 2014, data from the 2016 Global Powers of Luxury Goods report showed. The report, released by global business consultancy firm Deloitte, examined the 100 largest luxury goods companies globally … Read More →
Hong Kong-based jewellery retailer Chow Tai Fook Jewellery Group Ltd recently showcased three sets of exclusive auction pieces from its high jewellery collection, Le Labyrinthe Artistique, in Las Vegas. This was the collection’s first preview in the US. Le Labyrinthe Artistique, Chow Tai Fook’s first collection inspired by fine arts, consists of 15 sets of … Read More →
Hong Kong-based jewellery retailer Chow Tai Fook Jewellery Group Ltd was named China’s most digitally competent jewellery brand in 2016 mainly due to its strong e-commerce strategy, according to the “Digital IQ Index” by digital intelligence firm L2 Inc. The Digital IQ Index examined the websites, digital marketing, social media and mobile presence, and e-commerce … Read More →
Hong Kong-based Chow Tai Fook Jewellery Group Ltd plans to diversify its product portfolio and offer more affordable jewellery collections to attract local buyers. The move is aimed to mitigate the effects of a significant drop in the number of mainland Chinese tourists shopping in Hong Kong, according to a reporton Yahoo.com. Adrian Cheng, executive director … Read More →
Major jewellers Chow Tai Fook Jewellery Group Ltd of Hong Kong and Lao Feng Xiang of China are taking part in China’s new yuan-denominated gold benchmark. The Shanghai Gold Benchmark Price Trading, to be launched on April 19 by the Shanghai Gold Exchange (SGE), will mark China’s biggest step to become a price-setter for gold. … Read More →