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2005-12-15
In The 7th Buyers¡¦ Favorite Jewelry Design Competition
Leading The Trend Of The Jewellery Industry
With Exquisite Designing Techniques
and Excellent Creativity
Luk Fook Holdings (International) Limited (¡§Luk Fook¡¨ / the ¡§Group¡¨) (Stock Code: 590), the leading gold and jewellery retailer in Hong Kong, proudly announced that the Group has obtained four awards in the 7 th Buyers' Favorite Jewelry Design Competition. This is the 5 th consecutive year that the Group has received the awards in the same competition, showing the wide public recognition on its exquisite craftsmanship.
The Chief Executive of the Group, Mr. Wong Wai Sheung is delighted with the Group's encouraging results in numerous design competitions. Mr. Wong said, ¡§The success in gaining the support from overseas buyers and winning the votes from the judging panel demonstrates the popularity of our products. We believe our acute sense in the latest trend, unique and customized designs make our customers proud of possessing our jewellery.¡¨
Luk Fook's jewellery is well-known for its finest production and ingenious design. In particular, the winner of the Gold Prize of the Bangle and Bracelet Section ¡§Meet and Part¡¨ is a combination of a trendy yet elegant design with the sophisticated craftsmanship. This winning piece is made of diamond and platinum, with the concept of the scattering and union of people around the world. The bronze award of the earrings category, ¡§Fire¡¨, is made of small pieces of diamond. This graduated drop diamond earrings with layers movable works like the fire burning becomes ablaze in a moment. In addition, the earrings can be separated into two parts which makes them more functional. Meanwhile, ¡§Dandelion¡¨, the champion of the ¡§Best of the Best Award¡¨ and Gold Price of the Earrings category, is made up of moving gold chain and revolving sparking diamonds, bringing out a lively and energetic feeling. Dandelion was designed by designer of the Ice g. collection, a recognition of this younger product line of Luk Fook.
Organized by the Hong Kong Jewellery Manufacturers' Association, the Buyers' Favorite Jewelry Design Competition entered its 7 th year, aiming at inspiring jewellers to design jewellery with originality which meets the market taste. Through the competition, the Association also hopes to raise the worldwide awareness; confidence and market receptivity of Hong Kong made jewellery products. This year, the competition is divided into 8 categories and has received 242 entries. A panel of 12 jewellery experts, including Mr. Anthony Wong, Commissioner for Innovation & Technology Commission, HKSAR, will be examining the entries. Thousands of overseas buyers who visited the ¡§September Hong Kong Jewellery & Watch Fair¡¨ are also invited to vote for the winning entries.
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 29 retail outlets under the brand name of Luk Fook, and 2 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 170 in PRC. With the Group's excellent business achievements, for the year ended 31 March 2005, the Group's turnover was approximately HK$2000 million, increased by 22.8% comparing to the previous year. The Company's share price increased by 63.7% this year. Earnings per shares were HK26.1cents. |
