Korean showcase for Luk Fook Holdings
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Hong Kong jewellery group Luk Fook Holdings International has opened a retail outlet at the Shinsegae Main Store in Seoul.
Korea’s first department store, Shinsegae opened in 1930 and has become a tourist attraction.
Luk Fook chairman/chief executive Wong Wai Sheung says it is hoped the group’s outlet in the store will help develop overseas markets and further improve its brand recognition globally.
Luk Fook has more than 1420 shops, in Australia, Canada, China, Hong Kong, Korea, Macau, Singapore and the US.
Questions & Answers
Q.Why did Luk Fook Holdings choose the Shinsegae Main Store for its new outlet?
Why did Luk Fook Holdings choose the Shinsegae Main Store for its new outlet?
The Shinsegae Main Store is South Korea's first department store and has become a tourist attraction. This location may offer good visibility and access to potential customers for Luk Fook Holdings' new retail outlet.
Q.What are Luk Fook Holdings' strategic goals for opening this store?
What are Luk Fook Holdings' strategic goals for opening this store?
Luk Fook Holdings hopes the new outlet at Shinsegae Main Store will assist in developing its overseas markets. The company also aims to further enhance its brand recognition on a global scale with this expansion into South Korea.
Q.How many retail outlets does Luk Fook Holdings currently operate?
How many retail outlets does Luk Fook Holdings currently operate?
Luk Fook Holdings operates more than 1420 shops worldwide. These outlets are located across various countries, including Australia, Canada, China, Hong Kong, Korea, Macau, Singapore, and the US.
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