D'damas
Fashion & Lifestyle
Vikram Raizada to Head Jewellery Segment with Amazon
Amazon has hired former Tara Jewels executive director and CEO, retail, Vikram Raizada as director, category management to head its jewellery segment, even as online retailers continue to sniff a plethora of opportunities in the high-margin fashion, lifestyle and...
Retail
Gitanjali Gems net profit up by 77.4 per cent at Rs.354.8 crore
Gitanjali Gems Ltd, the leading branded jewellery company in India has reported a 77.4 per cent increase in net profit at Rs. 354.8 crore for the year ended 31st March, 2011, as compared to Rs. 200 crore posted in...
Retail
Gold Souk Grande emerges as major leisure hub in Kochi
Gold Souk Grande, Kochi – a 500,000-sq.ft mall strategically located at Vyttila – is fast emerging as a mega shopping and entertainment hub in Kochi.Designed by WS Atkins, Gold Souk Grande offers a variety of entertainment options for children...
Retail
D’damas opens flagship store in Delhi
Diamond jewellery brand D’damas, part of the Gitanjali Group, recently launched its first-ever flagship store – Capital Jewels – in Delhi. The 1,000-sq.ft store at the Green Park market has a unique merchandising segmentation of sub-brands, zoning and continuous...
Retail
Gitanjali Gems forms JV with MMTC
With reference to the earlier announcement related to signing of memorandum of understanding with MMTC Ltd (MMTC), one of country’s leading international trading company, Gitanjali Gems Ltd has announced that it has executed a tripartite share purchase agreement with...
Retail
Gitanjali Gems signs 50:50 JV with Hassan’s Optician
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 Gitanjali Group to Bombay Stock Exchange.According to the BSE filing, the formed alliance will permit...
Retail
Gitanjali Gems Board to consider buy back of equity shares
Gitanjali Gems, country’s pioneer in branded jewellery, in its meeting of the board of directors of the company to be held on December 19, will consider the proposal of buy back of equity shares, the company has said in...
Retail
Gitanjali Gems acquires Nakshatra Diamonds
Gitanjali Gems Ltd, one of the biggest retailers of branded diamond and gold jewellery, has completed acquisition of Nakshatra Diamonds – a brand previously owned by DTC.Gitanjali aims to position Nakshatra as a known lifestyle brand worldwide by introducing...
Retail
Gitanjali acquires Rogers — To announce JV with Morellato & Sector
In line with its policy of strategic acquisitions and further expansion in retail operations, jewellery major Gitanjali Gems has acquired US-based speciality retailer Rogers Ltd for Rs 80 crore ($20 million). Gitanjali has bought 100 per cent stake in...
Retail
WGC to promote gold sales — negotiating with Reliance Retail and Pantaloons
In an effort to increase gold retailing in India, World Gold Council (WGC) is in talks with top retailers Pantaloon Retail and Reliance Retail to strategise marketing and supply of gold in the country.“We are negotiating with Reliance Retail...
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Latest News
FSSAI mandates quarterly reporting of expired, rejected food products
The move is aimed at preventing the rebranding and resale of expired and rejected food items for human consumption...
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