In China’s gold and jewellery industry, the focus of market competition is gradually shifting toward the long-term cultivation of “brand power”.
According to statistics compiled by Luxe.CO, as of the […]
Chow Tai Fook Jewellery’s international business expansion is pursuing a dual-track strategy: revitalising its major existing markets while actively expanding into new markets with high growth potential.
In the first half of the fiscal year, Chow Tai Fook Group’s revenue edged down 1.1% year-on-year to HKD 38.986 billion [USD 5.00 billion].
“The jewelry market has long been dominated by Western brands, with Eastern aesthetics consistently underrepresented.”
Chow Tai Fook Chinese jewelry group Chow Tai Fook has a […]
Chow Tai Fook plans to open a new five-story store in Shanghai in 2025, which will also be the group’s first flagship store in the Chinese Mainland.
This summer, Hearts on Fire updated its visual identity, launched new jewelry products, and opened its first store in Hong Kong’s Central district following the brand’s revitalization.
Retail value in the Chinese Mainland declined by 18.6% year-on-year, accounting for 87.8% of the group’s retail value.
Gold jewelry and products are increasingly popular among young consumers due to their value retention and defensive characteristics.