Chow Tai Fook news and archive

Chow Tai Fook names Gabriela Ferreira as general manager, international

Leading Chinese jeweller Chow Tai Fook has named Gabriela Ferreira (Gaby) as general manager, international, to lead the group’s strategic expansion in Southeast Asia and other international markets. The company said in a release that Ferreira will report to Kent Wong, the company’s managing director. “In line with our strategic direction, Gaby...

Business

Chow Tai Fook chases Chinese tourists’spend abroad

Chow Tai Fook Jewellery Group Ltd. is looking for those Chinese tourists spending overseas to reverse the effects of the economic slowdown in China, which has cost the luxury goods group a 46 percent drop in annual profit in the last year alone. As reported by the the jewellery and accessories group earlier this month, weak retail sentiment in...

Design

Baume & Mercier in joint venture with Chinese Chow Tai Fook

Swiss luxury goods group Richemont and the world's largest jewellery chain, the Chinese Chow Tai Fook, have announced the creation of a joint venture to distribute Baume & Mercier watches in mainland China. Swiss daily ‘Le Temps’ cited a source inside Richemont to stress that the two luxury brands would each control 50 percent of the new...

Design

Chow Tai Fook to become largest IPO in Hong Kong

Chow Tai Fook Jewellery Group Ltd., controlled by real-estate billionaire Cheng Yu-tung, will become the largest IPO launched this year in the buoyant Hong Kong stock exchange, as the jeweler aims to raise as much as HK$22 billion ($2.8 billion). The Hong Kong-based jewelry chain, with revenue greater than Tiffany & Co. as stresses the San...