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FUQI International Names Executive to Newly Established Position of Director, Retail Operations

2007-11-30 20:54 1489


SHENZHEN, China, Nov. 30 /Xinhua-PRNewswire/ -- FUQI International, Inc. (Nasdaq: FUQI) today announced the hiring of Ms. Jianying Li to serve in the newly established position of Director, Retail Operations for FUQI International, Inc.

Ms. Li has over 25 years serving in various senior level retail positions. Since 1999, Ms. Li served as the Vice President of Sales at the Beijing Sogo department store, a high-end department store, established by the Japanese-based chain. In this role, her primary responsibility was to manage the international luxury brand store counters which included Artier, Lancel, Tumi, Montblanc, Swarovski, Bally, Dunhill, Celine, Ferragamo, Elizabeth Arden, Estee Lauder, Chanel, Lancome, and Dior as well as local jewelry brands from Hong Kong and mainland China. During her tenure, annual retail sales of the store counters she managed rose steadily reaching over RMB500 million in 2007.

From 1998 to 1999, she served as a Department Manager of Sales at Beijing Parkson Light Industrial Development Co., Ltd, a retailer with over 30 stores in China. In this role, Ms. Li was in charge of the 5,000 square meter jewelry and luxury department in the 80,000 square meter Beijing store. From 1991 to 1998, Ms. Li served as Department Manager of the jewelry retail division at the Municipal Trading Center in Beijing, which is the largest department store in a chain of Municipal Trading Center department stores located throughout China. Ms. Li began her working career in 1980 with Beijing Yanjing Book and Painting Store, a large antique store that sells jade, gold, platinum jewelry, paintings and craftsmanship products, where she spent eleven years working in several managerial positions. Ms. Li received her degree in economic management from the Beijing Institute of Administrative Education.

“We are very pleased to have Ms. Li join our company in this newly created position,” commented Mr. Yu Kwai Chong, Chairman of Fuqi International. “Over the past 25 years, Ms. Li has developed in-depth product knowledge of the jewelry category. She also has strong experience in the retail industry with brand promotion, store organization and procedural setup, business planning, operational review and control, vendor relationships and staff training. She will be a notable asset to our team as we begin to expand our retail presence in China. We are confident that Ms. Li will serve us well in this newly established position and we look forward to her contributions in the coming years.”

About FUQI International, Inc.

Based in Shenzhen, China, FUQI International, Inc. is a leading designer of high quality precious metal jewelry in China, developing, promoting, and selling a broad range of products in the large and rapidly expanding Chinese luxury goods market.

For more information, please contact:

FUQI International, Inc.

Dexter Fong

Executive VP of Corporate Development

Tel: +1-408-786-5540

ICR Inc.

In the U.S:

Bill Zima

Tel: +1-203-682-8200 (Investor Relations)

In Asia:

Xuyang Zhang

Tel: +86-10-8523-3087 (Investor Relations)

Source: FUQI International, Inc.
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Keywords: Fashion
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