Business Intelligence on Retailing, Franchising, and Consumerism in China


Chow Tai Fook Eyes More China Stores

Chow Tai Fook Jewellery Company plans to expand its operations in China and invest RMB4 billion to RMB5 billion to open more franchises in mainland China within the next five years.

Chow Tai Fook is the largest jewelry chain in mainland China with 400 branches and 7,000 employees, and plans to open 120 new branches in China this year.

China's jewelry retail sales have reportedly posted a two-digit increase in recent years and the country's consumption of platinum exceeded half of the world's total output and gold production and sales are ranked fourth in the world.





Be the first to comment on "Chow Tai Fook Eyes More China Stores"

Leave a comment

Your email address will not be published.


*




  Other China News

ChinaTechNews.com:

AutoNavi, Delphi Reach Deal

Hisense's Net Profit Down 47.39% In First Three Quarters Of 2017

Airbnb China Head Resigns

DMG To Buy China Rights Of Forbes Brand


GreenChinaTech:

Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center


ChinaSourcingNews.com:

JD To Build Global Logistics Headquarters In Xi'an

Wumart, AGS Sign Agreement For Seafood Direct Procurement

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco