Chow Tai Fook Launches US Hub

RAPAPORT... Hong Kong-based jeweler Chow Tai Fook has launched abusiness hub in Boston that will supply products and services to US retailers. Chow Tai Fook North America (CTFNA) will operate as awholesaler, offering customized diamond and jewelry collections, the companysaid Wednesday. It will also house Chow Tai Fook's existing jewelry brands,Hearts on Fire and M?(C)moire. Caryl Capeci, president of Hearts on Fire, willbecome CEO of CTFNA, leading its commercial operations. "Our ability to leverage [the Chow Tai Fook] group'stechnology and retail innovation empowers us to partner with retail jewelers innew ways to support their businesses today and position them for greatersuccess tomorrow," Capeci said.Image: Caryl Capeci. (Chow Tai Fook)