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Luk Foof
Hong Kong Protests Hit Luk Fook
Luk Fook’s same-store sales fell 37% in the second fiscalquarter amid protests in Hong Kong and the continued impact of the US-China trade war. Total same-store sales — at Luk Fook outlets open for morethan...
Retail Oct 29, 2019 Rapaport News
CTF Yoho 150
Chow Tai Fook China Sales Rise
Sales in Chow Tai Fook’s mainland China storesgrew strongly in the first fiscal quarter, while purchases in Hong Kong andMacau slowed. Retail sales jumped 24% in mainland China in the threemonths ending June 30, with...
Retail Jul 18, 2019 Rapaport News
Chow Tai Fook
New Stores Fuel Chow Tai Fook Sales Growth
Chow Tai Fook’s sales and profit rose during the fiscalyear amid increased purchases of gold jewelry and an expansion of the company’sretail network in China, it said Thursday. Group sales grew 13% to HKD 66.66 billion...
Retail Jun 06, 2019 Rapaport News
Chow Tai Fook Landmark North 150
Chow Tai Fook Sees Strong Growth in China
Chow Tai Fook’s sales increased in the fourth quarter, amida rise in demand for gold products and stronger consumer sentiment on themainland. Retail sales jumped 24% in mainland China in the threemonths ending March 31,...
Retail Apr 22, 2019 Rapaport News
Luk Fook
China Troubles Hit Luk Fook
Luk Fook’s same-store sales dropped 10% in the third fiscal quarteramid economic weakness in greater China. The depreciation of the Chinese yuan against the Hong Kong dollarled customers to purchase cheaper products in the three...
Retail Jan 20, 2019 Rapaport News
Luk Fook
Hong Kong Tourism Fuels Luk Fook Growth
Luk Fook saw a strong increase in its performance in thefourth fiscal quarter amid improved sentiment and a higher rate of tourism to Hong Kong. Same-store sales for all categories rose 16% year on year for the...
Retail Apr 23, 2018 Rapaport News
Chow Tai Fook 150
Chow Tai Fook China Expansion Spurs Growth
Chow Tai Fook reported a sharp rise in gem-set-jewelry sales in Hong Kong, while expansion in mainland China helped drive growth in its fiscal third quarter, as the local retailsector continued to improve.Overal retail sales grew 12%...
Retail Jan 10, 2018 Rapaport News
Chow Tai Fook
Robust Gold Demand Drives Chow Tai Fook Growth
Chow Tai Fook’s revenue leapt 15% in the first fiscal half amidrising demand for gold products in Greater China. Group sales of $3.17 billion (HKD 24.75 billion) for the sixmonths to September 30 included $1.47...
Mining Nov 22, 2017 Rapaport News
Chow Tai Fook Beijing
Chow Tai Fook Enjoys Continued Gains
Chow Tai Fook’s sales jumped in the second fiscal quarter,confirming the Hong Kong-based jeweler’s recovery following a slump in theGreater China market.Retail sales rose 15% year on year in mainland China and by 12% inHong Kong...
Retail Oct 19, 2017 Rapaport News
Luk Fook
Luk Fook Extends Turnaround with Sales Boost
Luk Fook Holdings recorded an increase in sales in its fiscal first quarter, driven by an improvement in mainland China after a prolonged decline in turnover.The Hong Kong-based jeweler reported same-store sales growth of 5% year-on-year in the three months that...
Retail Jul 20, 2017 Rapaport News
Chow Tai Fook
Chow Tai Fook Shows Long-Awaited Sales Gains
Chow Tai Fook saw positive retail sales growth in the fiscal fourth quarter, ending a long run of declines at the Hong Kong-based jeweler.Retail sales in mainland China increased 16%, with same-store sales rising 12%...
Retail Apr 13, 2017 Rapaport News
Chow Tai Fook Beijing
Chow Tai Fook Sales Signal China Recovery
Chow Tai Fook’s shares jumped more than 5 percent after the jeweler reported relatively strong quarterly sales amid renewed growth in China and higher gold demand. Retail sales in mainland China increased 7 percent...
Retail Jan 10, 2017 Rapaport News
luk fook
Luk Fook 1Q Same-Store Sales -18%
Luk Fook Holdings, a Hong Kong-based jeweler, reported that group same-store sales dropped 18 percent year on year in the first quarter that ended June 30. The company did not provide sales figures and...
Retail Jul 16, 2015 Ronen Shnidman
luk fook
Luk Fook's 4Q Same-Store Sales -20%
Luk Fook Holdings, a Hong Kong-based jeweler, reported that group same-store sales dropped 20 percent year on year in the fourth quarter that ended on March 31. The company noted the decline was influenced by the...
Retail Apr 19, 2015 Deena Taylor
Chow Tai Fook Store
Chow Tai Fook's Chinese New Year Sales +9%
Chow Tai Fook reported that its retail revenue grew 9 percent year on year during the Chinese New Year holiday, spurred by strong sales of gem-set jewelry in Mainland China. However, the company did not...
Retail Mar 02, 2015 Deena Taylor
luk fook
Luk Fook 3Q Same-Store Sales -7%
Luk Fook Holdings, a Hong Kong-based jeweler, reported that its same-store sales fell 7 percent year on year in the third quarter that ended on December 31, 2014. The decline resulted from weak consumer sentiment...
Retail Jan 18, 2015 Ronen Shnidman
luk fook
Luk Fook's 2Q Same-Store Sales -21%
Luk Fook Holdings, a Hong Kong-based jeweler, reported that same-store sales dropped 21 percent year on year in the second quarter that ended on September 30. The company reported that same-store sales in Mainland China fell...
Retail Oct 19, 2014 Deena Taylor
Chow Tai Fook Store
Chow Tai Fook's Retail Sales -10% in 2Q
Chow Tai Fook reported that group retail sales fell 10 percent year on year in the second fiscal quarter that ended on September 30. The retailer stated that the decrease was due to the high...
Retail Oct 19, 2014 Deena Taylor
luk fook
Luk Fook's 4Q Same-Store Sales -10%
Hong Kong-based jeweler Luk Fook Holdings reported that group same-store sales growth at its retail business dropped 10 percent year on year in the fourth quarter that ended on March 31. Without providing hard totals,...
Retail Apr 17, 2014 Deena Taylor
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