Global Online and Offline Net Sales for Chow Tai Fook in 2020–2022
Publication date: May 02, 2024
Notes
Chow Tai Fook, a prominent jewelry company, has shown impressive growth in its global sales over the past three years. In 2020, the company reported net sales of 7.3 billion US$. The following year, 2021, saw a notable increase, with sales rising to 8.9 billion US$. The upward trend continued strongly into 2022, where Chow Tai Fook reached a remarkable 12.7 billion US$ in net sales. This represents a significant jump, not only year-over-year but also when looking at the three-year span, highlighting a robust growth trajectory in both their online and offline sales platforms.
About Chow Tai Fook: Chow Tai Fook is a luxury jewelry retailer with a rich heritage and a broad market presence primarily in Asia. Known for its wide range of products including gold jewelry, diamond jewelry, and watches, the company caters to various customer needs from affordable pieces to high-end luxury items. Chow Tai Fook has a strong foothold in the market, backed by its extensive retail network and increasingly popular online sales channels, making it a key player in the global jewelry industry.
Find out more data about Chow Tai Fook on our company page.
Global net sales incl. third-party retailer margins, excl. licensed business.
Sources
ECDB – The Luxury eCommerce Market Report 2023