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TESORO GOLD LTD — Capital/Financing Update 2016
Feb 21, 2016
65957_rns_2016-02-21_cff72870-67ab-49b8-beb9-16c13bab57a1.pdf
Capital/Financing Update
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22 February 2016
ASX: PKA
PLUKKA TO OPEN TWO NEW HONG KONG BOUTIQUES
Plukka Limited (“Plukka” or “the Company”) is pleased to announce that it will be opening two new Hong Kong boutiques in the coming months to capitalise on Plukka’s growing brand awareness in Hong Kong and consolidate its position in the city, considered by the luxury industry to be the crucial beachhead location within Greater China for both visibility and sales. In 2014, Hong Kong, a city of approximately 7 million, hosted 60 million visitors from mainland China.
The Company has agreed to lease a boutique space in the iconic flagship property of the Peninsula Hotel in Kowloon, Hong Kong. The Hotel’s shopping arcade is an established destination for luxury fine jewelry shoppers.
The Peninsula boutique will position Plukka’s brand and product offering directly in front of sophisticated and well-heeled clients, both local and international. It is expected that the Peninsula boutique will open by mid-May 2016.
The Company has also agreed to lease space in prestigious Chater House, Central, Hong Kong. This location continues Plukka’s presence in the core Central district and provides significant opportunity for attracting new clients. Plukka expects the Chater House boutique to open in early April 2016.
The Kowloon commitment follows the opening of Plukka’s retail boutique in Burlington Arcade in London’s exclusive Mayfair district on 12 February 2016.
Commenting on the new Hong Kong boutiques, Plukka Managing Director Ms. Joanne Ooi, stated: “ The consolidation of our Hong Kong presence with two critical locations is pivotal to building brand visibility in one of the world’s largest and most influential fine jewelry markets. These new boutiques will undoubtedly attract more organic traffic and enhance conversion on www.plukka.com.”
Chater House will replace Plukka’s existing Hong Kong boutique in the Landmark building which will close due to shopping center renovation in late February.
For more information, please contact:
| Joanne Ooi | CharlyDuffy | |
|---|---|---|
| [email protected] | [email protected] | |
| ManagingDirector | CompanySecretary |
About PLUKKA
Plukka is the premier discovery machine for the world’s most creative designer fine jewellery and the industry’s only international omni-channel retailer. Founded by Joanne Ooi and Jai Waney in 2011, the innovative made-to-order Plukka business model enables the Company to offer the most creative and innovative jewels in the world. Through our curated online shopping platform, trunk shows and brick and mortar boutiques, we represent the most exciting emerging and established designers from around the world, as well as products from our own brand. www.plukka.com