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 |
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