Business Chief APAC+ANZ Magazine July 2018 | Page 76

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LAO FENG XIANG CO , LTD

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Overall , Lao Feng Xiang is the 13th biggest luxury goods brand in the world according to Deloitte , which puts its revenue at $ 5.75bn . The company is the oldest jewellery business in China having been founded in 1848 in Shanghai . It now has around 2,700 stores across Mainland China and operates in both Sydney , Australia and Vancouver , Canada . The company produces and sells a range of jewellery including engagement and wedding collections as well as gold , pearl , diamond and jade items . www . lfxjewelry . ca
JULY 2018