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Sales Jump at Hong Kong Jeweler TSL
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Hong Kong-based jewelry retailer Tse Sui Luen (TSL) sawrevenue and profit leap in the first fiscal half as the number of touristsvisiting the municipality increased.Sales rose 12% to of $222.1 million (HKD 1.73 billion) forthe...
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Retail
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Oct 29, 2017
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Rapaport News
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Weak US Spending Drags Down Tiffany Sales
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Tiffany & Co’s share price slumped 9% Wednesdayafter the retailer reported a dip in same-store sales for the first fiscal quarter.The jeweler announced a 3% drop in comparable-storesales — a sum that doesn’t include revenue from recently opened...
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Retail
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May 24, 2017
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Rapaport News
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Chow Tai Fook Targets Tourists with Hawaii Launch
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Chow Tai Fook will open a store in Hawaii through apartnership with travel retailer DFS Group, a subsidiary of LVMH Moët Hennessy Louis Vuitton.The Hong Kong-based jeweler’s branded store will launch in TGalleria by DFS, a luxury...
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Retail
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Apr 24, 2017
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Rapaport News
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Chow Tai Fook Sales Continue to Fall
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Chow Tai Fook’s sales and profit tumbled in the first fiscalhalf as consumer sentiment and tourist spending fell.Revenue fell 23.5 percent to $2.78 billion (HKD 21.53 billion) in the six months that endedSeptember 30,...
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Retail
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Nov 22, 2016
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Rapaport News
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