Chow Tai Fook has entered into a partnership with Laox – a leading wristwatch specialty store in Japan, to launch its first branded store in Japan, reports say. The store is to open in Tokyo in one of the 40 tax-free stores operated by Laox, reports add. Chow Tai Fook remains positive of business potential in Japan, citing the forthcoming 2020 Tokyo Olympics. The agreement outlines, Laox to offer a range of jewellery products including gem-set jewellery, gold products and platinum karat gold jewellery.