King watches: expensive products are still under pressure

(0887) Chairman and Chief Executive Officer Yang Nuo Si said at the press conference yesterday, the first quarter sales performance over the same period last year, the number of units in recent years, the amount of customers in recent years, the company’s sales volume, There are rebound, which to 50,000 to 200,000 yuan price of the main products, 200,000 or more still under pressure, I believe that with the Hong Kong dollar exchange rate softened, will help the retail market sentiment warmer.

She continued to say that this year’s May Day Golden Week sales and usual long weekend similar.

As the price of this year’s high-priced jewelry to return to a more reasonable level, the future will adjust the price of jewelry according to market conditions, such as jade jewelry prices have been reduced, some jewelry products will increase the discount space.

This year is the second anniversary of the reunification of Hong Kong. In the second half of the year, we will strengthen cooperation with watches and jewelers and hold more promotional activities in Southeast Asia.

Shop 30-50%

The commercial rents continued to show signs of a downward trend, with 30% to 50% of the rents on the market, and the Group’s share of the same one or two stores was similar.

She pointed out that a new jewelery store would be added in Yuen Long in September and that the company would continue to find suitable berths in the New Territories in the future because the New Territories rent was more affordable and the current traffic developed. Level.