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Date published: 2022-12-27

Significant Growth of Crane Central

This year 2022, Crane Central has experienced a significant growth in our business. One of our business, Jewel Cafe has experienced rapid growth. The following year, we'll expand more branches, as we are having 7 branches right now. Good news for those who love to deal with various jewelry branded handbags and luxury watches, welcome to join us.

Our next business in Malaysia is IT industry. When first began in Malaysia, there were only a few IT/Software developer members. However, the Crane IT/Software developer team started to expand this year and now has over 10 members. Isn't it a great development?

Crane Central dreams of expanding the business. Our "Crane" phrases "The Crane’s Gratitude" and "Cranes Live for 1000 years". "It reflects our intention to be a company that can give something back to those who gave us support, a company that can give back to society, and a company that can last".

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The Future of Second-Hand Retail: Circular Economy in Action.

The second-hand luxury retail market in Southeast Asia is experiencing significant growth, driven by increasing consumer interest in sustainable and affordable luxury goods. Items such as designer bags, high-end watches, fine jewelry, and gold are at the forefront of this trend, reflecting a shift towards more conscious consumption.

In countries like Singapore and Malaysia, consumers are becoming more receptive to pre-owned luxury items. This change is influenced by a combination of factors, including the desire for high-quality products at more accessible prices and a growing awareness of environmental sustainability. The circular economy model, which emphasizes the reuse and recycling of products, is gaining traction in the region, encouraging consumers to consider second-hand options as viable alternatives to new purchases.

The market for pre-owned luxury watches, in particular, has seen substantial growth. According to a report by Morgan Stanley, the secondary market for luxury watches reached $25 billion in 2024, with Asian consumers playing a significant role in this expansion. This surge is attributed to younger buyers who value both the craftsmanship of luxury timepieces and the sustainability aspect of purchasing pre-owned items.

2024-02-20

A Spirited Celebration of Chinese New Year in Our Office

This year, we've decided to usher in the Year of the Dragon with a spectacle that not only captivates the eyes but also stirs the collective spirit of our workplace – a lion dance ceremony accompanied by the traditional Yee Sang tossing ritual.

2024-02-14

The 1st mobile application

Good news! Crane Inc’s first mobile application – 4C Calculator was newly launched on 12th July 2022. Now it is available in Google Play Store and Apple App Store. If you wish to check out the current price for your diamond, 4C Calculator is the best choice for you.

This diamond price can be shown instantly by entering data according to the Gemological Institute of America (GIA). The diamond price currency for this application has six currencies (USD, MYR, JPY, TWD, HKD) which may increase in the future so that all countries can use it globally. For your information, the diamond price will be updated in every 3-6 months.

I hope you find this application is very useful and please support us by giving 5-star rating in the Google Apps Store and Apple Apps Store. Stay tuned for more useful apps in the future!