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Friday, November 8, 2024

Tanishq marks milestone with 15th international store launch in Chicago

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Tanishq, the jewellery brand under the Tata Group‘s Titan Company, has recently unveiled its 15th international store in the United States, as confirmed by a company official on social media. Situated in Chicago at 4300E Aurora, this new store occupies an impressive 5000 sq. ft. space.

This marks the brand’s first establishment in the Midwest region and its fourth presence throughout the United States.

“Proud to share the exciting news of our latest launch in the USA,” said Aditya Singh, head – jewellery international business at Titan Company Ltd. in a LinkedIn post.

“Our fourth Tanishq store in the US and our 15th store outside of India, was launched in Chicago – our first in the Midwest, by the Mayor of Aurora, CG of India, city council members and other dignitaries from the local community,” added Singh.

Continue Exploring: Tanishq marks major business expansion with inauguration of stores in Texas

In July 2023, Titan announced its plans to open 18 new international stores for Tanishq, with a primary focus on expanding in the Gulf region, thus raising the total count to 25 by the end of fiscal year (FY) 2024. Looking further ahead, Titan plans to establish 50 boutiques worldwide, with a particular emphasis on growth in the United Kingdom, Australia, and Malaysia.

In fiscal year 2023, the jewellery retailer expanded its international store count from two to seven.

As per Singh’s post, the company is currently preparing to inaugurate its 16th global store at Oman Avenues Mall in Oman.

Established in 1994, Tanishq emerged as a segment of Titan’s jewellery division, which encompasses a range of brands including CaratLane, Zoya, and Mia by Tanishq.

In 1996, Tanishq opened its first retail showroom in Chennai, followed by its first international store in Dubai in 2020. Currently, the retail chain proudly boasts over 400 exclusive outlets spread across more than 240 cities nationwide, alongside international boutiques located in the UAE, USA, Qatar, and Singapore.

Continue Exploring: Jewellery consumption set for 10-12% value growth in FY24, driven by soaring gold prices: ICRA

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