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2005-10-27
LUK FOOK HOLDINGS (INTERNATIONAL) LIMITED
ANNOUNCES ITS IN-HOUSE DESIGN OBTAINING
FIVE AWARDS IN THE TAHITIAN PEARL TROPHY 2005 ASIA
Luk Fook Holdings (International) Limited (¡§Luk Fook¡¨ / the ¡§Group¡¨) (Stock Code: 590), the leading gold and jewellery retailer in Hong Kong, proudly announce that its in-house design er s enjoyed another great additional honors from international design commendation. The group obtained five awards in the Tahitian Pearl Trophy 2005 Asia, demonstrating its magnificent designing capability and its leading position in the industry.
Chief Executive of the Group, Mr. Wong Wai Sheung said,¡¨ This is the second time for the Group to be awarded in this competition since our victory in 2003. The achievement proves that the Group's design leads the international fashion trend. Our Group's jewellery designers are all knowledgeable, and are capable to design unique jewellery pieces with their an acute fashion sense. Not only can these pieces meet the customers' appetite expectations , they are also very well received among the jewellery design industry. Further, Luk Fook's excellent design capability is reflected by the numerous local and international awards the Group had obtained.¡¨
The Tahitian Trophy is a prominent award among the international design industry, champions winners in the Asia regional competition will automatically be enter ed-into the international trophy in Venice, Italy. Winning the trophy from fierce competition shows that pieces produced by Luk Fook meet high international standard. Among the 5 awards Luk Fook had obtained, 3 pieces are named champions of the Necklace Category, Parure Category and Pearl Row Category. Other prizes include the first runner up of the Pearl Row and the second runner up of the Ring Category. The second runner up of the Ring Category was designed by designer of the Ice g. collection, a testimonial to the recognition of this younger product line design.
The theme of Tahitian Pearl Trophy 2005, 'Fire Under The ICE', aims to promote the essence of Tahiti Cultured Pearls. In fact, Luk Fook's unique craftsmanship, finest production skills and creative designs work perfectly well with Tahitian pearls' well-known variation of natural iridescent colors, bringing pearl jewellery designs with vivid oriental style to scene. Currently, all shops under Luk Fook sell products of Tahitian Pearls.
The out-standing competition result achieved by the Group not only reflects their strong performance in both traditional and new jewellery designs, but also the popularity of their products. Going forward, Look ahead, the Group will continue to strive for higher design standard and to produce jewelries with better quality continue its production of excellent, quality jewellery .
About Luk Fook Holdings (International) Ltd. (0590)
Luk Fook Group is principally engaged in the sourcing, designing and retailing of a variety of gold jewellery, gold ornaments, gem-set jewellery, gemstones and other accessory items. As at the announcement date, The Group has 30 retail outlets under the brand name of Luk Fook, and 4 under the brand name of Ice g., in Hong Kong, Macau, the PRC and Canada. The number of licensee shops of the Luk Fook brand has increased to over 155 in PRC. With the Group's excellent business achievements, for the year ended 31 March 2005, the Group's turnover was approximately HK$2 billion, increased by 22.8% comparing to the previous year. The Company's share price increased by 63.7% this year. Earnings per shares was HK26.1cents.
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