RAPAPORT... Luk Fook Holdings (International) Ltd opened its largest
retail store outside mainland China, Hong Kong and Macau, choosing a new location
in Greater Toronto.
The store at Markville Shopping
Centre in Markham, on the edge of the Canadian city, is the company’s second in
the country, according to a statement December 17. Its other shop is near
Vancouver, according to a list of stores on the company’s website.
Luk Fook will “provide Toronto and global customers with
high-quality jewelry products and professional services to further establish
our reputation in the international market,” chairman and chief executive
officer Wong Wai Sheung said in the statement.
As of
September 30, the Hong Kong retailer had five self-operated stores outside its
home country, including one in Singapore, two in the U.S., one in Canada, one
in Australia and a licensed shop in Korea, the company said in its interim
results statement November 26.
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