Hong Kong's Sonia Cheng on mission to transform Chow Tai Fook jewellery chain, attract new customers
Jewellery chain Chow Tai Fook promises more technology-led shopping because ‘that’s what younger customers want’.
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Jewellery chain Chow Tai Fook promises more technology-led shopping because ‘that’s what younger customers want’.
"If there’s no family member suitable, we can hire from the outside," Henry Cheng said.
(Bloomberg) -- For years, Adrian Cheng had all the trappings of a third-generation scion preparing to lead one of Hong Kong’s wealthiest clans into a new era. He infused his property projects with art, burnished Tsim Sha Tsui’s waterfront as a cultural district and invested in digital tokens. Most Read from BloombergCharlie Munger, Who Helped Buffett Build Berkshire, Dies at 99Musk’s Cybertruck Is Already a Production Nightmare for TeslaHamas Releases 12 Hostages Despite Claims of Truce Violatio
Conroy Cheng, Chow Tai Fook’s vice-chairman and nephew of Henry Cheng, said there was no discord or disputes in the family over succession plans following an interview by the patriarch last week.
'Today, conditions are changing, the business climate is changing, the consumer is changing, and the competition is changing' - Click the link for more details.