Home Retail Gitanjali Gems signs 50:50 JV with Hassan’s Optician

    Gitanjali Gems signs 50:50 JV with Hassan’s Optician

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    Geetanjali Gems, the jewellery retail arm of Mumbai-based Geetanjali Group, has signed a 50:50 JV with Kuwait-based Hassan’s Optician, according to a statement by to .

    Gitanjali Gems suffers 73 pc fall in standalone net profit in Q3
    Net income fell to Rs 1,925.08 crore in October-December of 2016-17, from Rs 2,641.12 crore in the previous year

    According to the filing, the formed alliance will permit Geetanjali Gems to purchase and sell Hassan’s eye accessories in its outlets.

    is a DTC sight holder and the leading brands under its patronage include D’Damas, Sangini, Gili and Asmi among others. Gitanjali Group is also building two SEZs in India.

    — IndiaRetailing Bureau