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Thanks to positive Hong Kong market sentiment and lower gold prices, Luk Fook Holdings has reported a 25.1 per cent boost in sales in the September half year. The company says sales totalled HK$7.859 billion (US$1 billion) compared with $6.283 billion in the…
Luk Fook achieved same-store sales growth of 14 per cent in its latest quarter, thanks to lower gold prices, good market sentiment and a successful sales strategy. In a note to shareholders, chairman and CEO Wai Sheung Wong said same-store sales of gold…
Hong Kong jewellery retailer Luk Fook has announced its entry into the Philippines. The first Luk Fook Philippines store is located at Solaire Resort and Casino of Manila Game Zone, established by the Philippines government as an entertainment and tourist hot…
Luk Fook Malaysia has opened its third shop, at the Genting Highlands Resort. The Hong Kong-based jewellery retailer expanded into Southeast Asia in 2010 and now operates 1660 locations through nine countries and regions, including greater China. The Genting…
Jeweller Luk Fook has reversed a three-year trend of declining revenue in its latest financial year, boosting sales by 13.8 per cent to HK$14.578 billion (US$1.857 billion). Releasing its results for the year to March 31, the company said the turnaround was…
Luk Fook Holdings (International) Limited is pleased to announce that the Group’s design pieces stood out from the crowd and won multiple accolades at the “Chuk Kam Jewellery Design Competition 2018”. The recognition includes the Group’s various jewellery…
Luk Fook Holdings (International), a Hong Kong-listed jewelry retailer, said Wednesday its retail business same store sales for October to December was up 1% on year. In the third quarter, same store sales growth of gold products were down 3% and gem-set…
Luk Fook Holdings (International) Limited has announced its foray into the Cambodian market with the grand opening of a flagship store in its capital city, Phnom Penh, marking the expansion of the Group’s retail network to 10 countries and regions globally.…
In a golden first half, jewellery group Luk Fook Holdings (International) saw revenues and profits rise as it continued to expand its retail outlets. As well as a return to growth for same-store sales and a doubling of e-commerce sales, its interim results…
Jewellery company Luk Fook Holdings (International) has had a golden second quarter with sales up for both gold and gemset jewellery. With a relatively low base and a slight drop in gold price, there were encouraging sales of gold products in both the Hong…
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,…
Same-store sales of gold products have restored growth, jewellery retailer Luk Fook says in announcing the performance of its self-run retail shops for the first quarter, to the end of June. It says a relatively low base and “an effective strategy of an…
After 12 consecutive quarters of decline, jeweller Luk Fook has recorded a 2 per cent turnaround for its fourth quarter, ended March 31. The retailer says that with a relatively low base and encouraging improvement in the Hong Kong/Macau market, same-store…
Hong Kong-based jeweler Luk Fook Holdings recorded its first quarterly growth for same-store sales in three years, driven by its gem-set jewelry offering and an improvement in Hong Kong. The company reported a 2% rise in overall same-store sales across its…
Jeweller Luk Fook Holdings (International) reports a turnround to positive growth in its same-store sales for its third quarter, ended December 31. With a relatively low base, the same-store sales growth for the period recorded a “substantially narrowing…
Hong Kong luxury brand Luk Fook Jewellery has arrived in Malaysia, opening two stores – at Pavilion Elite and Suria KLCC. The group hosted a grand ribbon-cutting ceremony at its Pavilion Elite outlet, attended by actress Kristal Tin, Pavilion Kuala Lumpur…
