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Jewellery retail

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...

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...

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...

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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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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