Hong Kong-listed Chow Tai Fook Jewellery Group, the world’s second-largest jewellery retailer by market value, has acquired mainland Chinese retailer Enzo Jewelry for an undisclosed amount, four days after announcing plans to shut a fifth of its shops in Hong Kong.The acquisition is in line with CTF’s focus on expanding in mainland China, a spokesperson said. “Enzo can leverage Chow Tai Fook’s retail and industry know-how to generate greater value to its customers,” Adrian Cheng, its executive…
Source : South China Morning Post
Read more…Hong Kong’s Chow Tai Fook, world’s second-largest jewellery retailer, kicks off mainland China expansion with acquisition of gems maker Enzo















