Advanced Search

Luk Fook Expands in New York

Nov 6, 2016 10:10 AM   By Rapaport News
Email Email Print Print Facebook Facebook Twitter Twitter Share Share

Luk Fook opened its second outlet in New York targeting the city’s large Chinese community.

The store is located at New World Mall in Flushing, Queens, one of the largest indoor Asian shopping complexes in the northeastern region of the U.S., the Hong Kong-based jeweler said. The retailer’s existing store is in Manhattan.

“With the opening of the second shop in New York, the group anticipates to further penetrate into the Chinese communities in the overseas market,” said Wong Wai Sheung, Luk Fook’s chairman and chief executive officer.

The Chinese population of New York City is estimated at almost 575,000, according to the U.S. Census Bureau’s 2015 American Community Survey. Flushing has one of New York’s largest Chinese communities.

Luk Fook has had a presence in North America since 2003, with stores in the U.S. and Canada. The group has more than 1,460 outlets in eight countries and regions.
Tags: China, Flushing, Hong Kong, jewelers, Jewelry, Luk Fook, manhattan, New World Mall, new york, Queens, Rapaport News, retail, Wong Wai Sheung
Similar Articles
Michael Hill 150Canada Stores Boost Michael Hill
Jul 10, 2018
Michael Hill saw a 3.3% revenue increase over the last fiscal year, led primarily by sales
© Copyright 1978-2018 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.