Hong Kong’s luxury market is set to swell with the launch of new luxury jewelry stores.
The Hong Kong Goldsmiths, a jeweler, said on Wednesday that it will open a boutique store in the market’s second floor, while the jewellery firm J.L. Chan Jewelers will open its first Hong Kong store.
It is the first major new luxury brand in the city since the end of British rule in 1997.
Chan is one of Hong Kongs most successful jewelers.
“We are thrilled to announce the opening of the first Hongkong store and we will have a brand-new and highly sought after collection in the next two years,” Chan said in a statement.
The new shops, which will be based in the first floor of the mall, will include new pieces including gold, silver and pearl necklaces and earrings, as well as an assortment of watches, rings, necklamp and sunglasses.
The shops will be located in the area known as the Shangri-La area, which is home to the Hong Kong government, the city’s financial district, and other key financial institutions, according to the official website.
The city’s government is building a massive financial centre on the mainland, and the shops will help the city achieve its ambitious target of becoming the first Asian country to achieve such a feat, the website said.
The jewelers, who specialize in high-quality precious metal jewellery, will sell the items in a range of colours and styles.
They will also provide services such as consultations, consultations for custom design, and advice on jewellery and jewellery jewellery-making, the site said.
It said the shops would open on January 5, 2019, and will be open on Saturdays, Sundays and public holidays.
It added that the stores would have a limited number of items for sale, with an aim to bring the total number of jewelry items to 10,000 a week.
“Our aim is to bring Hong Kong to the next level of luxury, and we hope that this store will help us achieve our ambitious goal,” the jewellers said in their statement.