- Business
- Emperor Watch & Jewellery Limited Emperor Watch & Jewellery Limited (0887.HK), founded in 1942 and headquartered in Wan Chai, Hong Kong, operates as a leading retailer of European-made luxury watches and self-designed fine jewelry under the Emperor Jewellery brand; it retails prestigious timepieces from brands including Rolex, Patek Philippe, Cartier, Audemars Piguet, Omega, Jaeger-LeCoultre, Baume & Mercier, Montblanc, Tissot and Tudor, alongside jewelry products such as rings, necklaces, pendants, bangles, bracelets, earrings, charms, bridal collections, gold ornaments, diamond pieces, jade, pearl and 999.9 fine gold items; the company also provides tailor-made design and production services for exclusive jewelry and engages in property investment activities. A subsidiary of Emperor Watch & Jewellery Group Holdings Limited and part of the broader Emperor Group conglomerate, it serves middle- to high-income customers, including locals and tourists, through a multi-channel network encompassing self-branded stores, watch boutiques, multi-brand outlets and an online shopping platform. The company maintains an extensive retail footprint of approximately 73 to 99 stores across Hong Kong, Macau, Mainland China (including first- to third-tier cities like Beijing, Shanghai, Guangzhou, Chongqing and Hangzhou), Singapore and Malaysia, with a strong revenue emphasis on Hong Kong (around 57%) and Mainland China (around 26%). Recent developments include the announcement of 2025 interim results showing total revenue growth of 7.6% to HK$2,794 million, driven by an 13.4% increase in jewelry segment sales to HK$1,094 million (with gold products comprising 75.2%), alongside new store openings such as two jewelry outlets in Hong Kong and Macau, a Patek Philippe flagship store in Hong Kong, a Tudor boutique in Chongqing and a subsequent jewelry store in Hangzhou; the company formed a strategic partnership with jewelry veteran Mr. Chan Sai Cheong to expand its Mainland China jewelry business under Emperor Jewellery, targeting 600 stores over the next five years in phases focused on mid-to-high-end and mid-market segments across first-, new first- and second-tier cities; additional changes encompass board adjustments with the retirement of Independent Non-Executive Director Ms. Chan Sim Ling, Irene, and the appointment of Mr. Lai Ka Fung May in May 2025.