Chow Tai Fook Jewellery Group Reports Net Store Closures in Third Quarter

Reuters
01/21
<a href="https://laohu8.com/S/CJEWF">Chow Tai Fook Jewellery</a> Group Reports Net Store Closures in Third Quarter

Chow Tai Fook Jewellery Group Ltd. announced its unaudited key operational data for the three months ended 31 December 2025. During the quarter, the Group continued to implement its two-pronged strategy of revitalising key existing markets and expanding into new international territories, with new stores scheduled to open in select premium destinations by June 2026. The Group reported a net closure of 230 stores (POS) in the Chinese Mainland, where 34 new stores were opened and 264 were closed. In Hong Kong and Macau, 3 new stores were opened during the period. As of 31 December 2025, Chow Tai Fook Jewellery Group’s total number of POS stood at 5,813, down from 6,644 at the end of the previous period. The company noted that 71.6% of its CHOW TAI FOOK JEWELLERY POS operated in a franchised format. The Group stated it is rationalising its POS network by closing underperforming stores and opening higher-productivity stores in prime locations to sustain market leadership and strengthen network resilience. The company cautioned that the operational data for the quarter is unaudited and based on internal records and management accounts. Investors are advised to exercise caution when dealing in the shares of the company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chow Tai Fook Jewellery Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260121-11996834), on January 21, 2026, and is solely responsible for the information contained therein.

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