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 →
A Chinese jewellery store sold 100,000 pieces of gold jewellery worth US$31 million during the Chinese Lunar New Year Golden Week. According to a xinhuanet.com report, Caishikou Department Store recorded a sales volume of RMB$200 million (US$31 million) during the seven-day Chinese New Year holidays, the last of which coincided with a global Valentine’s Day … Read More →