Tse Sui Luen Jewellery

Jewellery queen shines in crisis

Annie Yau says TSL is marketing itself as a trendy brand with tie-ups with fashion designer Vivienne Tam. Photo: SCMP

Annie Yau took over the helm of her family’s jewellery empire in testing circumstances five years ago after her husband and father-in-law were both jailed for paying illegal kickbacks to travel agents to take tourists to their showrooms.

Saturday, 13 April, 2013, 5:23am

Tse Siu Luen sees interim profit drop 65%

Tse Sui Luen Jewellery (International) expects consumer confidence to remain weak in the short to medium terms after reporting a slide of 65 per cent in net profit for the six months to August.

The Hong Kong-based jewellery retailer said turnover for the period grew 6.1 per cent to HK$1.66 billion, but net profit fell significantly to HK$30.7 million year on year.

31 Oct 2012 - 2:30am

Market Open:Hong Kong stocks seen higher on easing hopes after disappointing China PMI

Hong Kong stocks may open higher after a two-day National Holiday break on speculation that more easing measures could be in the pipeline to revive growth 

3 Oct 2012 - 9:57am

Ailing jeweller follows tough line to profits

Struggling local jeweller Tse Sui Luen Jewellery (International) hopes to return to profitability within two years by aggressively cutting debt, upgrading product quality and switching to middle-market customers, says chairman Tommy Tse Tat-fung.

3 Jun 2002 - 12:00am

Cobra calls on Tse Sui equity

The new controlling shareholder of troubled retailer Tse Sui Luen Jewellery (International) has confirmed it will launch a general share offer. Cobra Technologies, together with associates holding 59.9 per cent of the company, will offer 32 cents for every Tse Sui Luen share it does not own. The stock closed two cents higher yesterday at 31 cents.

14 Dec 1999 - 12:00am

Jeweller aims to raise $170m

Jewellery retailer Tse Sui Luen Jewellery (International) says it plans to raise $170.21 million for developing its mainland retail network by issuing to China Retail Fund 22,220 convertible preference shares with an annual interest of 6.5 per cent.

5 Jan 1998 - 12:00am

Yue Xiu sells jewellery stake

Investment group Yue Xiu Finance, a sister company of red-chip Guangzhou Investment, has sold its 10.96 per cent stake in jewellery retailer Tse Sui Luen Jewellery (International). Tse Sui Luen yesterday said the stake was sold to Union Bank of Switzerland.

23 Jul 1997 - 12:00am