HK jeweler targets more outlets
By Zhang Fengming |
00:00 UTC+8 June 21, 2010
|
Print Edition
Print Edition
3D-GOLD Jewelry (HK) Ltd targets to more than triple its network to over 800 outlets on Chinese mainland in five years as the country's growing economy continues to shine, Chairman Kennedy Wong said in Shanghai yesterday.
The company, an affiliate of Hong Kong-listed Hong Kong Resources Holdings Co, aims to achieve it by 2015 from the existing 250 stores, Wong said yesterday in Shanghai.
3D-GOLD, together with Hong Kong-based rivals like Chow Sang Sang and Chow Tai Fook, is riding on the rising purchasing power on the mainland amid a sizzling economic growth.
"We see rapid growth in central, southern and northeastern regions on the mainland and we will strengthen our presence in these areas," said Wong.
The jeweler is set to have at least 300 mainland outlets by the end of this year. The mainland now accounts for about 80 percent of the firm's revenue, with the Hong Kong and Macau markets contributing the remaining 20 percent.
The mainland's jewelry market grew 15.9 percent last year.
China is the world's second-biggest consumer of gold after India.
The company, an affiliate of Hong Kong-listed Hong Kong Resources Holdings Co, aims to achieve it by 2015 from the existing 250 stores, Wong said yesterday in Shanghai.
3D-GOLD, together with Hong Kong-based rivals like Chow Sang Sang and Chow Tai Fook, is riding on the rising purchasing power on the mainland amid a sizzling economic growth.
"We see rapid growth in central, southern and northeastern regions on the mainland and we will strengthen our presence in these areas," said Wong.
The jeweler is set to have at least 300 mainland outlets by the end of this year. The mainland now accounts for about 80 percent of the firm's revenue, with the Hong Kong and Macau markets contributing the remaining 20 percent.
The mainland's jewelry market grew 15.9 percent last year.
China is the world's second-biggest consumer of gold after India.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
