--- title: "CHOW TAI SENG closed 560 stores in one year" type: "News" locale: "en" url: "https://longbridge.com/en/news/263945079.md" description: "Despite the continuous rise in gold prices, the profits of gold and jewelry companies have been declining, and several leading brands have begun to reduce their store sizes. CHOW TAI SENG's latest financial report shows that as of September 30, 2025, the company had 4,675 terminal stores, a net decrease of 560 stores compared to the same period last year, with franchise stores decreasing by 380, becoming the main force behind the closures. In just the third quarter of 2025, CHOW TAI SENG closed a net of 43 stores, with franchise stores accounting for over 80%" datetime: "2025-11-03T05:48:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/263945079.md) - [en](https://longbridge.com/en/news/263945079.md) - [zh-HK](https://longbridge.com/zh-HK/news/263945079.md) --- # CHOW TAI SENG closed 560 stores in one year Despite the continuous rise in gold prices, the profitability of gold and jewelry companies has declined, and several leading brands have begun to reduce their store sizes. CHOW TAI SENG's latest financial report shows that as of September 30, 2025, the number of the company's terminal stores was 4,675, a net decrease of 560 compared to the same period last year, with franchise stores decreasing by 380, becoming the main force behind the closures. In just the third quarter of 2025, CHOW TAI SENG net closed 43 stores, with franchise stores accounting for over 80% ### Related Stocks - [002867.CN](https://longbridge.com/en/quote/002867.CN.md) ## Related News & Research - [Pure Tungsten Completes Merger with GB Innovation Co., Ltd., Advancing Toward Near-Term Production and Planned Public Listing](https://longbridge.com/en/news/286944364.md) - [PRECIOUS-Treasury yields, dollar weigh on gold amid inflation concerns](https://longbridge.com/en/news/286929968.md) - [Improving Supply Outlook Hammers Cocoa Prices](https://longbridge.com/en/news/286920569.md) - [India soymeal exports to fall to four-year low on rising prices](https://longbridge.com/en/news/286881552.md) - [TECHNICALS-CBOT wheat may test resistance zone of $6.80-3/4 to $6.82-1/2](https://longbridge.com/en/news/286875766.md)