Retail in Asia

In Shops

HK’s Chow Tai Fook to double shops in China

Hong Kong Jewellery and watch retailer Chow Tai Fook plans to double its outlets in mainland China to 2,000 in the next decade, with half of the new shops located in small cities.

Managing director Kent Wong Siu Kei said the jeweller would open another 1,000 outlets on the mainland before 2020. Half of them will be in first- and second-tier cities, with the rest to be located in third- and fourth-tier cities close to rural areas.

To view the full article (note: you must be an scmp.com subscriber), visit scmp.com. (From seven days after publication, this article will appear in Archive Search.)

(Source: scmp.com )