Friday, November 8, 2024

Luxury

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 by its chief executive, Sandeep Kohli. Novel Jewels to roll out franchise models...

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, October 29. Omnichannel brand CaratLane opens 300th store in Mumbai According to Indian Retailing,...

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...

Kalyan Jewellers revenue soars 39% on strong same-store sales in Q2 of FY25

Luxury
Kalyan Jewellers reported healthy financial performance in the second quarter of 2024-25. Revenues from Indian operations rose by 39% compared with the same period...

Radisson group opens newly Svelte Delhi, a 108-Room Hotel

Hospitality
On Tuesday, October 8, Radisson Hotel Group announced the opening of Svelte Delhi, a Radisson Individuals member, making it the first of this brand...

Watch brand Rado expects to end 2024 with double-digit growth in India

Luxury
Swiss watch brand Rado eyes remarkable double-digit growth in India, its biggest market, by the end of 2024. In an interview with ETRetail, Rado's Global...

Indian luxury beauty market to reach $1.6 bn by 2028: Report

Industry
The Indian luxury beauty market is expected to grow to USD 1.6 billion by 2028 and reach USD 4.0 billion by 2035, as highlighted...

Jaipur Watch Company expands into women’s segment, eyes 20% sales contribution

Industry
Luxury brand Jaipur Watch Company has entered the women's watch market with the launch of its new collection,͏͏ 'Brides͏͏ of͏͏ Jaipur'. "We͏͏ recognised͏͏ that͏͏ we͏͏...

BlueStone’s FY24 revenue surpasses INR 1,000 Cr, loss narrows 15% to INR 142.2 Cr

LATEST
Omnichannel jewellery brand Bluestone reduced͏͏ its͏͏ loss͏͏ by͏͏ nearly͏͏ 15%͏͏ year-on-year͏͏ (YoY)͏͏ to͏͏ INR͏͏ 142.2͏͏ Cr͏͏ in͏͏ the͏͏ financial͏͏ year͏͏ 2023-24͏͏ (FY24),͏͏ while͏͏ its͏͏...

Luxury watchmaker Franck Muller bets big on India, eyes growth with new collection and real estate ventures

Industry
"India is set to dominate the next three to five years, and Franck Muller is͏͏ fully͏͏ committed͏͏ to͏͏ the͏͏ country,"͏͏ stated͏͏ Erol Baliyan,͏͏ MD͏͏...

Titan to expand Helios with 10 new international watch brands, 50 new stores

Industry
Titan Company, a leading watchmaker, aims to introduce 10 new international brands to its Helios premium and luxury watch retail format over the next...

Malabar Gold & Diamonds to open 20 new showrooms in October

Industry
Indian jewellery brand Malabar Gold & Diamonds plans to open 20 new showrooms in October across India, the GCC, and the USA, boosting its...

Designer wedding wear sales soar in FY24, outpacing general market trends

Industry
Designer brands such as Tarun Tahiliani, Abu Jani Sandeep Khosla, Sabyasachi, and Rahul Mishra saw a significant increase in sales of wedding and occasion...
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