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Lukfook

From Alfawiki
Luk Fook Holdings (International) Limited
Company typePublic company
IndustryJewellery retail and manufacturing
Founded1991 in Hong Kong
Headquarters
Sha Tin
,
Hong Kong
Area served
Hong Kong, Mainland China, Macau, Canada, United States, Singapore, Malaysia, South Korea, Cambodia
ProductsGold, platinum, gemstone jewellery; mid-to-high-end timepieces

Luk Fook Holdings (International) Limited (Stock Code: 0590) is engaged in the procurement, design, wholesale distribution, trademark licensing, and retail sales of gold, platinum, and gemstone-adorned jewellery. Since its listing on the Hong Kong Stock Exchange in May 1997, the Group has also ventured into the mid-to-high-end timepiece sector.

For the fiscal year 2023-24, Lukfook recorded revenues near HK$15.326 billion alongside an operating profit of HK$2.041 billion. By January 16, 2025, the company's market value was approximately HK$8.23 billion.

The corporate headquarters are situated at Metropole Square in Sha Tin, Hong Kong.

As of January 2024, the Group operated a network exceeding 3,240 retail outlets throughout Mainland China.

History

  • 1991: Launched its inaugural "Lukfook Jewellery" retail outlet in North Point, Hong Kong.
  • 1994: Made its entry into Mainland China with the first store established in Guangdong Province.
  • 1996: Founded "China Gems Laboratory Limited" in Hong Kong; by 2015, obtained ISO certifications for jadeite verification, diamond assessment, and gold analysis.
  • 1997: Achieved public listing on The Stock Exchange of Hong Kong Limited’s Main Board.
  • 2000: Introduced an online jewellery sales platform.
  • 2001: Grew to nearly 70 retail locations.
  • 2002: Opened initial store in Macau and secured land in Panyu, Guangzhou for a jewellery manufacturing facility named "Luk Fook Jewellery Garden."
  • 2003: Received exclusive proprietorship license within Mainland China; commenced international expansion by opening first Canadian outlet.
  • 2006: Entered the US market with debut store launch.
  • 2010: Established first retail presence in Singapore.
  • 2011: Inaugurated Luk Fook Jewellery Centre headquarters in Jordan, Hong Kong; expanded production facilities.
  • 2014: Acquired a 50% stake in CGS.
  • 2015: Signed a three-year contract as a sightholder for rough diamonds with De Beers Group.
  • 2016: Broadened operations into Malaysia; opened second US location in New York; debuted retail store at Seoul’s Shinsegae Main Store.
  • 2017: Launched second US outlet in San Francisco.
  • 2018: Entered Cambodian market with flagship store in Phnom Penh; temporarily shut Canadian CF Markville location following a robbery incident.

See also