Wednesday, April 16, 2025

Luxury

Jaipur Resort Accuses OYO and Ritesh Agarwal of Fraud After Receiving Rs 2.66 Crore GST Notice

Business
A Jaipur-based resort has filed a criminal complaint against OYO and its founder-CEO Ritesh Agarwal, accusing the company of massive billing irregularities that allegedly triggered a staggering Rs 2.66 crore GST notice.The resort, Samskara, claims that...

Affordable, Meaningful, Wearable: Sterlyn’s Jewellery Revolution

Luxury
Jewellery in India has long been steeped in tradition—a marker of wealth, a secure investment, and a piece reserved for special occasions. But for...

Malabar Gold & Diamonds ropes in National Award winner actress Mansi Parekh as ambassador

Luxury
Bollywood actress, Manasi Parekh has been appointed as the brand ambassador of Malabar Gold & Diamonds. She will be the face of the company's...

India’s Gold demand surges to 50 times production in 2023

Luxury
India's gold production in 2023 was 15.1 tonnes, while demand for gold was 747 tonnes, 50 times more than the supply, according to a...

Luxury jewellery brand Giva registers 66% revenue growth to INR 274 Cr

News
Giva, a jewellery startup, saw a 66% surge in operating revenue to INR 274 crore, despite a 30% year-over-year (YoY) increase in losses.Giva secures...

Kalyan Jewellers reports 3.3% decline in Q2 net profit to INR 130.32 Cr

News
Kalyan Jewellers India has posted a 3.3% decline in consolidated net profit to INR 130.32 crore for the second quarter (Q2) ended September 2024....

Wrangler expands presence in India with six new stores, targets 60 in 2025

News
Global denim brand Wrangler has launched six new stores across India, strengthening its retail footprint in the country. The new stores, located in Ujjain,...

Luxury goods sales to decline 2% in 2024: Bain & Company report

News
The personal luxury goods market is facing a significant downturn, with sales expected to drop 2% this year, making it one of the weakest...

Luxury fragrance brand Nisara enters UAE with Beauty Brands Global

News
D2C fragrance brand Nisara announced on Monday, November 11 that it has teamed up with Beauty Brands Global DMCC, which will be its exclusive...

Novel Jewels to invest INR 5000 Cr in opening 100 stores across India

Luxury
Aditya Birla Group’s Novel Jewels plans to open 100 stores across India in the next 18 months, investing INR 5,000 crore. This was stated...

Tanishq’s CaratLane goes global with new store in New Jersey, USA

Luxury
Jewellery brand, CaratLane, a Tanishq Partnership, has opened its first international store in the USA, located in New Jersey, the company announced on Tuesday,...

Tata CLiQ teams up with Bvlgari to bring luxury products online in India

Luxury
Tata CLiQ Luxury, India's top luxury retail platform, has partnered with Bvlgari, introducing the iconic Roman jeweller to India's e-commerce market. This partnership will...

D2C GIVA raises INR 255 cr to expand offline presence

Luxury
GIVA, a direct-to-consumer (D2C) jewellery brand, has raised INR 255 crore ($30.3 million) in its expanded Series B funding round. The investment came from...
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