In terms of individual markets, the Chinese Mainland is the second-largest market, achieving a strong growth of 19.3% at constant exchange rates, accounting for 12.9% of the group’s sales and becoming a key growth engine for the group.
Gold jewelry and products are increasingly popular among young consumers due to their value retention and defensive characteristics.
The total transaction amount for the spring auction reached HKD 2.3 billion / USD 297 million, with an average project and amount transaction ratio of 90%. Forty-two percent of the lots exceeded their highest estimates, and 106% of the transaction prices surpassed the minimum estimates.
In the fourth quarter of fiscal year 2024, Chow Tai Fook’s overall retail value increased by 12.4% year-on-year, with growth rates of 29.4%, 5.8%, and 46.1% in the preceding three quarters, respectively.
French luxury giant Hermès is expanding its store in on […]
The Hang Lung Group was founded by Chan Tseng-hsi in 1960, and Ronnie C. Chan succeeded him as chairman in 1991.
This collection will make its debut in Hong Kong on March 23, 2024, breaking the tradition of holding the early fall series fashion show in December.
The two key prerequisites for sustainable technology to be accepted by the market are that its performance should not be worse, and its price should not be higher.
These three companies were co-founded by Salvatore Ferragamo and Chinese-Hong Kong entrepreneur Peter K.C. Woo.
According to data compiled by Luxe.CO Tong, from January 2022 to September 2023, a total of 23 luxury brands have opened 26 stores in Hong Kong.