Headlines

World’s Largest Jeweler Opens First US Store

It’s located within a Macy’s.

Published

6 years ago

November 22, 2016

INSTORE Staff

Chow Tai Fook, the world’s largest jewelry retailer, has opened a branded shop within a Macy’s store in Flushing, NY.

The store, consisting of about 500 square feet, opened on Nov. 12 offering a variety of jewelry.

“In particular, the 24-Karat gold jewellery products, designed and distributed by Chow Tai Fook, add unprecedented and unique product offerings at Macy’s Flushing store,” according to the company.

Hong Kong-based Chow Tai Fook operates more than 1,800 stores in China.

There’s no word yet on whether the company will open other stores in the U.S.

Earlier this month, Rapaport News asked Kent Wong, the company’s managing director, whether there were plans to expand retail operations into the U.S.

Wong replied: “No, we have Hearts on Fire there.”

Chow Tai Fook bought the U.S. brand for $150 million in 2014. Hearts on Fire opened a store in Las Vegas, NV, in 2012 and another in Philadelphia, PA, in 2013.

Chow Tai Fook said in July it planned to open a U.S. wholesale business.

See the announcement from Chow Tai Fook |

Time to Do What You've Always Wanted? Time to Call Wilkerson.

It was time. Teri Allen and her brother, Nick Pavlich, Jr., had been at the helm of Dearborn Jewelers of Plymouth in Plymouth, Mich., for decades. Their father, Nick Pavlich, Sr., had founded the store in 1950, but after so many wonderful years helping families around Michigan celebrate their most important moments, it was time to get some “moments” of their own. Teri says Wilkerson was the logical choice to run their retirement sale. “They’re the only company that specializes in closing jewelry stores,” she says. During the sale, Teri says a highlight was seeing so many generations of customers who wanted to buy “that one last piece of jewelry from us.” Would she recommend Wilkerson? Absolutely. “There is no way that I would have been able to do this by myself.”