Shanghai launches gold jewelry festival to boost market vibrancy, luxury appeal

english.shanghai.gov.cn| August 07, 2024

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Gold Gundam. [Photo by Jiangyu/chinanews.com]

Shanghai has recently launched a gold jewelry festival that aims to invigorate the city's gold and jewelry market. Bringing together over 1,000 stores of renowned brands, the festival is scheduled to run until Oct 13.

Leading gold and jewelry brands, including industry stalwarts such as Lao Feng Xiang Jewelry, Yuyuan Jewelry & Fashion, Mingr, Chow Tai Fook, Chow Sang Sang, and TSL (Tse Sui Luen), are set to dazzle patrons with a diverse array of promotions, discounts, and gold exchange programs. These initiatives are tailored to coincide with significant cultural celebrations, enhancing the festive spirit and offering customers exclusive opportunities to indulge in luxury acquisitions.

At the heart of the festival is Shanghai's Huangpu district, a thriving hub that is renowned for its concentration of prestigious jewelry brands. According to the Shanghai Gold Jewelry Industry Association, nearly 80 percent of the top gold and jewelry enterprises have established a flagship stores in the district. Huangpu serves as the epicenter of luxury retail, hosting a range of esteemed traditional gold brands.

Moreover, Huangpu district boasts an impressive lineup of high-end luxury boutiques, including the iconic Harry Winston flagship store, revered as the "King of Diamonds", the opulent Peninsula store of Graff, a globally recognized top 10 classic jewelry brand, and the prestigious Tiffany store at Hong Kong Plaza. These establishments contribute to the district's allure as a premier destination for clientele who are seeking exquisite jewelry.

By showcasing the finest offerings from top-tier brands and embracing the essence of Chinese cultural traditions, the festival promises a captivating blend of craftsmanship and opulence, inviting visitors to immerse themselves in a world of timeless beauty and allure.

 

Source: Jiefang Daily