(3 November 2008) ------ Luk Fook Holdings (International) Limited (“Luk Fook” / the “Group”) (Stock Code: 0590), the leading gold and jewellery retailer in Hong Kong, proudly announced that the Group obtained “The Retail Asia Pacific Top 500 Awards” and was ranked one of the top 10 retailers in Hong Kong based on the performance in total sales turnover in 14 economies.
Mr. Wong Wai Sheung, Chief Executive of the Group, said, “We are honoured to have obtained “The Retail Asia Pacific Top 500 Awards” for three consecutive years and ranked Top 10 Retailers in Hong Kong, endorsing our outstanding performance in the retail business. Indeed, turnover of retail business in Hong Kong last year showed an increase of 35% that showed remarkable achievement. In future, we will keep on improving our sales performance to become an extraordinary retailer. ”
The Retail Asia Pacific Top 500 was launched in April 2004 as the industry’s first regional ranking of the top 500 retail companies in the Asia-Pacific region. The award was seen as the leading honours for top performing retail companies in 14 economies in the Asia Pacific. Conducted by Euromonitor International (Official Market Information Provider) on a yearly basis, the research covers 14 economies – Australia, China, Hong Kong, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, Taiwan and Vietnam. The ranking of the 500 companies, which is published in Retail Asia Magazine, will cover 10 retail formats – Booksellers, Clothing, Footwear && Beauty Stores, Hypermarkets, Sports goods stores, Supermarkets and Other Retailers. Nominees are selected from the Retail Asia Top 500 ranking, researched by Euromonitor International and published by Retail Asia Publishing on an annual basis.
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About Retail Asia Publishing
Retail Asia Publishing Pte Ltd, based in Singapore, is the regional leader in the retail information business. Founded in 1991, the company publishes the monthly Retail Asia magazine, which is dedicated to covering the retail and supply chain industries from a regional perspective. With regional and worldwide readership, Retail Asia is the most respected and well-read magazine.