All News About Jewellery
By focusing on a selected section of the market, companies can differentiate themselves, cater to unique buyer wants, and capitalize on emerging trends. Here is an evaluation of the jewelry market and techniques for leveraging niche markets to maximize profitability. Chow Tai Fook is the world’s second-largest jewelry retailer by market value and has more than 5,900 stores worldwide. Explores how international brands have expanded their presence in the Australian market – and the way the brand-only store model has increased competitors with unbiased retailers. The accompanying chart reveals the expansion of the three chains since 2003, but it should be recognised that JPL acquired Angus & Coote (A&C) and Goldmark in 2007 in a $76 million deal.
- “This has resulted in a strong increase in their value and interest among jewellery lovers and collectors,” he says.
- Based in San Francisco, California & Kenya, The brand’s jewellery collection includes a