Luk Fook Holdings International Ltd

Type: Company
Name: Luk Fook Holdings International Ltd
First reported 10 hours ago - Updated 2 hours ago - 1 reports

Chinese women drive diamond sales to record high

Bloomberg |A customer browses jewelry inside a Lukfook Jewellery store, operated by Luk Fook Holdings International Ltd., in Macau, China, on Tuesday, Aug. 26, 2014.Furthermore, bridal acquisition rates in the world's number two economy remain well below ... [Published CNBC - 10 hours ago]
First reported Sep 16 2014 - Updated Sep 16 2014 - 2 reports

HKRH (02882) sees increase in annual net loss

16/09/2014 11:20 [ET Net News Agency, 16 September 2014] Hong Kong Resources Holdings (HKRH) (02882)said it expects to record an increase in the net loss for the year ended 30 June 2014 ascompared to the corresponding year in 2013.The increase in loss ... [Published etnet.com.hk - Sep 16 2014]
First reported Sep 10 2014 - Updated Sep 10 2014 - 1 reports

HSBC raises Chow Sang Sang (00116) target to $25

AM (Infocast News) In its latest research report on Hong Kong and China jewellery retailers, HSBC says that in 2010-2013, the listed jewellers grew their Hong Kong retail sales at a 26% compound annual growth rate (CAGR), but the number of points of sale ... [Published CCB International - Sep 10 2014]
First reported Sep 05 2014 - Updated Sep 05 2014 - 1 reports

Hong Kong leads JNA Awards 2014 shortlist

A record-breaking number of Hong Kong companies were shortlisted for this year’s prestigious JNA Awards, which honours outstanding achievements in the jewellery and gemstone industry in Asia.Out of the 29 companies from 10 countries that made it to the ... [Published Jewellery News Asia - Sep 05 2014]
Entities: Hong Kong, Jewellery, Gaala
First reported Sep 04 2014 - Updated Sep 04 2014 - 1 reports

Strategy: A matter of wits

Leading HK jewellers say more than half of their revenues come from mainland shoppers, and they are looking to expand in the New Territories. ( Provided to China Daily )With big mainland spenders now tightening their belts, Hong Kong retailers are in ... [Published China Daily Asia - Sep 04 2014]
First reported Sep 04 2014 - Updated Sep 04 2014 - 1 reports

MEC tipped to win Chow Sang Sang digital account from Hylink

SHANGHAI - Jewellery brand Chow Sang Sang has reportedly appointed MEC Interaction to handle its digital media duties (including search but excluding social media) following a five-agency pitch last month.OMD, Carat, and incumbent Hylink Digital Solutions ... [Published Campaign Asia-Pacific - Sep 04 2014]
First reported Sep 02 2014 - Updated Sep 02 2014 - 1 reports

Hong Kong's Big Three

Sep 1, 2014 - 10:51 GMTRAPAPORT... Chow Tai Fook, Chow Sang Sang and Luk Fook Holdings have each embarked on different strategies to capitalize upon China’s growth.The major Hong Kong-based jewelry companies are well positioned for further growth despite ... [Published Gold Industry Today - Sep 02 2014]
First reported Aug 29 2014 - Updated Aug 29 2014 - 1 reports

Jewelry retailer Luk Fook to expand retail footprint in Hong Kong

Luk Fook Holdings International, the second-largest jeweler in Hong Kong by market value, is seeking to open more retail stores in Hong Kong’s prime locations as landlords ease on rental increases.The company is looking to open shops in Causeway Bay and ... [Published Retail Business Review - Aug 29 2014]
First reported Aug 29 2014 - Updated Aug 29 2014 - 1 reports

Lukfook eyes new stores in prime shopping districts

Luk Fook Holdings (International) Ltd is eyeing to expand in the city’s prime shopping districts as landlords hold back on increasing rents, the  South China Morning Post reported.Lukfook, the second-largest jeweller in Hong Kong by market value, said ... [Published Jewellery News Asia - Aug 29 2014]
First reported Aug 27 2014 - Updated Aug 27 2014 - 1 reports

Luk Fook plans big expansion

"Landlords are forgoing rent increases or asking for smaller gains when leases come up for renewal," Luk Fook chairman Wong Wai Sheung said. It plans to expand in Causeway Bay and Tsim Sha Tsui, where it expects growth in jewelry sales, while closing ... [Published Hong Kong Standard - Aug 27 2014]
First reported Aug 26 2014 - Updated Aug 26 2014 - 1 reports

Luk Fook to Expand Jewelry Stores as Landlords Slow Rent Demands

Luk Fook Holdings International (590) Ltd., the second-largest jeweler in Hong Kong by market value,plans to expand in the city’s prime shopping districts aslandlords hold back on raising rents.Landlords are forgoing rent increases or asking for smal ... [Published Bloomberg - Aug 26 2014]
First reported Aug 11 2014 - Updated Aug 12 2014 - 1 reports

Hong Kong retailers seek to cut reliance on mainlanders

Hong Kong retailers are cutting prices and formulating other strategies to cope with slower growth amid changes in the consumption behavior of mainlanders and a shift in consumer base, the Hong Kong Economic Journal reported on Monday.With a view to reducing ... [Published EJ Insights - Aug 11 2014]

Quotes

"It is pretty sure that in the near term and the foreseeable future prices of diamonds will keep appreciating" he added
"But we've seen the rental increase slow at many stores. Some landlords didn't even ask for more rent."
"Landlords are forgoing rent increases or asking for smaller gains when leases come up for renewal" Luk Fook chairman Wong Wai Sheung said...

More Content

All (18) | News (17) | Reports (0) | Blogs (1) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Chinese women drive diamond sales to record high [Published CNBC - 10 hours ago]
HKRH (02882) sees increase in annual net loss [Published etnet.com.hk - Sep 16 2014]
HKRH (02882) expects increase in FY14 net loss [Published CCB International - Sep 16 2014]
HONG KONG RESOURCES : Announcements and Notices... [Published 4 Traders - Sep 15 2014]
[I-bank focus]HSBC ups Chow Sang Sang (00116) t... [Published etnet.com.hk - Sep 10 2014]
HSBC raises Chow Sang Sang (00116) target to $25 [Published CCB International - Sep 10 2014]
Hong Kong leads JNA Awards 2014 shortlist [Published Jewellery News Asia - Sep 05 2014]
Strategy: A matter of wits [Published China Daily Asia - Sep 04 2014]
MEC tipped to win Chow Sang Sang digital accoun... [Published Campaign Asia-Pacific - Sep 04 2014]
Hong Kong's Big Three [Published Gold Industry Today - Sep 02 2014]
Jewelry retailer Luk Fook to expand retail foot... [Published Retail Business Review - Aug 29 2014]
Lukfook eyes new stores in prime shopping distr... [Published Jewellery News Asia - Aug 29 2014]
Luk Fook plans big expansion [Published Hong Kong Standard - Aug 27 2014]
Luk Fook to Expand Jewelry Stores as Landlords ... [Published Bloomberg - Aug 26 2014]
China Luxury Apparel Market Worth RMB 89.04B by... [Published TickerTech.com - Aug 20 2014]
Hong Kong retailers seek to cut reliance on mai... [Published EJ Insights - Aug 11 2014]
Asian Equities Higher with Eyes on U.S. Recovery [Published OANDA Forex Blog - Jun 26 2014]
China Jewelry Market Leading Brands: Chow Tai F... [Published PRWeb - Jun 06 2014]
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Asian Equities Higher with Eyes on U.S. Recovery [Published OANDA Forex Blog - Jun 26 2014]
Asian stocks rose, with the regional benchmark index headed for its biggest gain this week, amid optimism the U.S. economy is emerging from a worse-than-estimated contraction last quarter. China Gas Holdings Ltd. gained 4 percent in Hong Kong as it ...
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