Chow Tai Fook raised prices three times in one year.
Recently, Chow Tai Fook's Tmall official flagship store posted a less prominent announcement on the homepage: Due to market factors, some products will soon see price adjustments. Upon clicking, the product description shows that the price adjustments will take place on December 19th. Chow Tai Fook has already made two price adjustments in March and the end of October this year, in addition to this one, making a total of three price increases within the year. In the past week, Chow Tai Fook's major stores have started to receive new price tags. According to the sales assistants who have been posting new and old price tags on social media, the majority of products have seen price increases ranging from 4% to 15%.
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