News
JEWELLERY: Hong Kong's retail sales value fell 10.1% in February.
- Date: 02-04-19
- Category: JEWELLERY
- Source: Jewellery.org
According to the Hong Kong SAR Government News Network, the Statistics Department of the Hong Kong Special Administrative Region announced on April 1 that the value of total retail sales in February was estimated to be 40.7 billion yuan (HK$, the same below), down 10.1% year-on-year; Total retail sales in February fell 10.4%. However, the Hong Kong Government said that the employment of all people and the inbound tourism industry continued to grow, which is expected to bring support.
View full storyJEWELLERY: China's gold, silver and jewelry consumption increased by 4.4% year-on-year in January-February
- Date: 14-03-19
- Category: JEWELLERY
- Source: Jewellery.org
In January-February 2019, the total retail sales of consumer goods reached 660.64 billion yuan, a nominal increase of 8.2% year-on-year. Among them, the retail sales of consumer goods above designated size was 2,309.6 billion yuan, an increase of 3.5%.
View full storyJEWELLERY: Chow Tai Seng's 2018 net profit rose 36.16% to 806 million
- Date: 20-02-19
- Category: JEWELLERY
- Source: Chow Tai Seng
Chow Tai Seng (002867.SZ) released the 2018 annual performance report, achieving operating income of 4.87 billion yuan, an increase of 27.97%; operating profit of 1.026 billion yuan, an increase of 30.67%; total profit of 1.059 billion yuan, an increase of 34%, attributable to listed companies The net profit of shareholders was 806 million yuan, a year-on-year increase of 36.16%; the basic earnings per share was 1.68 yuan.
View full storyJEWELLERY; Platinum App sells platinum jewellery and bar at factory price to customers
- Date: 14-01-19
- Category: JEWELLERY
- Source: SZ News
“Platinum” APP is a platinum jewelry and bar sales platform developed by Shenzhen Jingxin Gold Co., Ltd., which adopts the “F2C” mode (F2C refers to Factory to customer, that is, from the manufacturer to The consumer's e-commerce model) serves consumers in a more convenient and affordable mode.
View full storyJEWELLERY: Chow Tai Fook: Jewelry business "dead sheep", financial business "reinforcement"
- Date: 02-01-19
- Category: JEWELLERY
- Source: 21 Gem
The downturn in the jewelry market has also affected Chow Tai Fook's performance. From 2014 to 2018, Chow Tai Fook's turnover fell from HK$77.41 billion to HK$59.16 billion, a decrease of 23.6%.
View full storyJEWELLERY: Platinum Guild International 2018 China Platinum Jewelry Summit Forum held in Shenzhen
- Date: 07-12-18
- Category: JEWELLERY
- Source: Read01
Platinum Guild International (PGI®) held the 2018 China Platinum Jewelry Summit Forum in Shenzhen on December 7th, working with Chinese jewelry executives, industry innovators, industry leaders and industry partners. Sharing the status quo of China's platinum jewelry industry, interpreting the challenges facing the jewelry industry and conducting a particularly in-depth analysis of the potential opportunities in the future, and also in-depth exchanges and discussions on the development of the pl
View full storyJEWELLERY: China’s growth slows, as does tourist spending at Tiffany
- Date: 28-11-18
- Category: JEWELLERY
- Source: Seattle Times
There was something missing at the luxury jeweler Tiffany & Co. in recent months: Chinese tourists. While the company said Wednesday that third-quarter revenue rose 4 percent to just above $1 billion, industry analysts were anticipating a bigger boost. Some of that unexpected drag has occurred as tourists, particularly Chinese tourists, pull back on spending in places like New York and Hong Kong.
View full storyJEWELLERY: The consumption of gold jewelry is stable, and the k-gold and 3D hard gold are becoming new highlights of consumption
- Date: 27-11-18
- Category: JEWELLERY
- Source: Jewellery.org
By the end of September 2018, shenzhen jewelry industry has more than 5,000 legal person registered enterprises, more than 15,000 individual industrial and commercial businesses, about 30 wholesale markets for large and small jewelry transactions, about 150 billion yuan of industrial manufacturing and processing value, 45 billion yuan of wholesale and retail trade value, and more than 150,000 industrial workers. Shenzhen's annual physical delivery of gold and platinum accounted for 70% of the ph
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