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Jewellery retail

The Golden Journey of Kalyan Jewellers

How Kerala-based Kalyan Jewellers is transforming itself from a regional brand to a national player that is in sync with the changing times and consumer tastesStarted in 1908, Kalyan Jewellers—a prominent name in the Indian jewellery industry—is one of...

What helps Pune-based jewellers PN Gadgil & Sons stay profitable

Pune-based jewellery retail chain PNG & Sons continues to stay profitable at store level even after 200 years. Here’s how…As the chief operating officer and chief financial officer of PN Gadgil & Sons (PNGS), thirty-four-year-old Aditya Modak shoulders the...

Malabar to focus on penetration, product and operation: Chairman

M P Ahammed, chairman of Malabar Gold & Diamonds shares insights on the jewellery retailer’s growth strategies, customer engagement tactics and expansion goals Bengaluru: Originating from a humble 400 sq. ft. jewellery store in Kerala, Malabar Gold & Diamonds has grown...

Jewellery brand Kushal’s raises Rs 284 crores in series B funding round

The funding will be utilised to build the brand and scale its retail presenceBengaluru: Fashion jewellery brand Kushal’s has raised Rs 284 crore in a series B funding round led by Lighthouse India Fund IV AIF, the companies said in...

Why South India is witnessing a renewed retail surge

Industry leaders on the factors propelling retail growth in South India and their projections for future expansion metrics in the region Bengaluru: South India is poised to see hectic expansions by retail brands in the coming years amid a surge in...

Kalyan Jewellers to open its 250th showroom in Ayodhya

The Kerala-based jewellery firm said it plans to open additional 30 showrooms in the ongoing fourth quarter of 2023-24 fiscal in India and the Middle EastNew Delhi: Kalyan Jewellers on Friday said it will open its 250th showroom in...

Nirav Modi seeks permission to appeal extradition to India in UK top court

If the former retailer’s attempt to have his appeal heard in the Supreme Court fails, in principle, Nirav Modi can apply to the European Court of Human Rights (ECHR) to try and block his extraditionBy Aditi KhannaLondon: Fugitive diamond merchant...

Kalyan Jewellers India Q2 PAT up 54.02 pc at Rs 105.92 cr

Revenue from operations of the company grew by 20.22 per cent during the quarter under review to Rs 3,472.91 crore, compared to Rs 2,888.69 crore in the same period a year agoMumbai: Kalyan Jewellers India on Thursday reported a 54.02...

Organised jewellery retailers stare at halving of revenue growth

Revenue growth of organised jewellery retailers is set to slide 500-600 basis points (bps) to 5-6 percent over fiscals 2020 and 2021, following triple headwinds of higher import duty, elevated gold prices, and sluggish demand. That’s half the compound annual...

Jewellery stores overcomes note-ban shadow, see jump in gold sales on Akshaya Tritiya

With cash flow almost normalising after demonetisation, customers on Friday thronged jewellery shops across the country to celebrate Akshaya Tritiya. "We are seeing good footfall in our stores. In the last two months, after demonetisation, people have again started buying...
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Neeman’s eyes over double growth in FY25, eyes over 20 new stores across metros

Since the beginning of 2024, the company has been experiencing a steady month-over-month growth rate of 15-20%New Delhi: Hyderabad-based...
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