Jewellery retail
Fashion
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...
Retail
Jewellery stores overcomes note-ban shadow, see jump in gold sales on Akshaya Tritiya
IANS -
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...
Retail
Low demand from jewellers due to cash crunch leads to fall in gold prices
Gold prices fell by Rs 30 to Rs 27,900 per 10 grams on Monday owing to slackened demand from jewellers, even as the metal strengthened overseas.
Silver, however, advanced by Rs 350 to regain the Rs 40,000 per kg mark on...
Fashion & Lifestyle
From occasion-based purchase to everyday use: Jewellery retail shines bright in India
The jewellery market in India is one of the largest in the world. With a multitude of players in both organised and unorganised spaces, consumers are spoilt for choice. According to a recent report by the Indian Brand Equity...
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...
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Latest News
Swiggy announces 5th ESOP liquidity programme worth $65 million
So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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