Kuhn & Komor, also known colloquially as "K&K", was a Hungarian multinational luxury jewelry and specialty retailer, having headquarters in Shanghai, China. K&K produced jewelry, sterling silver, china, crystal, stationery, and personal accessories. K&K was renowned in East Asia for its luxury goods, also being called the "Asprey of Asia."
Question: Kuhn & Kumor are based in Asia. True, False, or Neither? 