Luk Fook US opens second San Francisco shop

In this article (5)
Luk Fook US has opened its second retail shop in San Francisco with a ribbon-cutting ceremony.
Officiating guests included California State Senator Scott Wiener, Chinese Consolidated Benevolent Association president William Yu, Miss Asia California Katie Lam, and group co-founder Pauline Yeung, a Miss Hong Kong Pageant winner.
Group chairman/CEO Wong Wai Sheung says Lukfook Jewellery has been well received and supported by overseas Chinese customers. “This year marks the 20th anniversary of the group’s public listing, and we are dedicated to extend the network here in Chinatown, San Francisco.”
He says the group also plans to expand further overseas to fulfil its corporate vision of “Brand of Hong Kong, Sparkling the World”.
With shops across Mainland China and Hong Kong, the group tapped into the North American market in 2003. It has more than 1500 shops in nine countries and regions.
Questions & Answers
Q.What is the primary reason Luk Fook US chose San Francisco's Chinatown for its new store?
What is the primary reason Luk Fook US chose San Francisco's Chinatown for its new store?
The group chairman/CEO Wong Wai Sheung stated that Lukfook Jewellery has been well received and supported by overseas Chinese customers, suggesting a strategic focus on this demographic within Chinatown.
Q.How long has Luk Fook been operating in the North American market?
How long has Luk Fook been operating in the North American market?
Luk Fook first entered the North American market in 2003. This new San Francisco shop contributes to their continued expansion strategy in the region.
Q.What is the global presence of Luk Fook Jewellery?
What is the global presence of Luk Fook Jewellery?
Luk Fook Jewellery currently operates over 1500 shops across nine countries and regions, including Mainland China and Hong Kong, in addition to its North American presence.
Q.Who were some of the notable guests at the opening ceremony?
Who were some of the notable guests at the opening ceremony?
Key attendees included California State Senator Scott Wiener, William Yu, president of the Chinese Consolidated Benevolent Association, Miss Asia California Katie Lam, and group co-founder Pauline Yeung, a former Miss Hong Kong Pageant winner.
Reader pulse
Is Luk Fook's US expansion strategy sound?
23,397 votes so far