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Sunday, September 29, 2024

Tag: jewellery

Mondelez International plans to collaborate with Accenture and Publicis to enhance its use of generative AI in marketing. New͏͏ Platform͏͏ for͏͏ Personalisation: The͏͏ US-based͏͏ snacks͏͏ giant͏͏ announced͏͏ it͏͏ will͏͏ establish͏͏ a͏͏ new͏͏ “platform”͏͏ to͏͏ generate͏͏ “personalised”͏͏ text,͏͏ images,͏͏...
Nutrabolt, the owner of C4 Energy, has partnered with The Hershey Company to introduce a new line of products featuring beloved Hershey flavours. New͏͏ Flavours͏͏ Launching͏͏ This͏͏ Autumn: The͏͏ partnership͏͏ will͏͏ bring͏͏ Hershey's͏͏ confections͏͏ into͏͏ the͏͏ energy͏͏ drink,͏͏...

Oman India Joint Investment Fund sells shares in Senco Gold for over INR 75 Cr; ICICI Prudential Life acquires stake

Oman India Joint Investment Fund's arm sold shares of jewellery retail giant Senco Gold for over INR 75 crore in an open market transaction...

Export of gems and jewellery falls over 18% in August due to global consumption slowdown

The exports of gems and jewellery from India in August declined by 18.79% to USD 2,012.51 million,͏͏ compared͏͏ to͏͏ USD͏͏ 2,478.23͏͏ million͏͏ in͏͏ the͏͏...

India’s commerce ministry proposes task force to boost gem and jewellery exports

The commerce ministry is mulling the establishment of a task force for the gem and jewellery industry to͏͏ address͏͏ the͏͏ challenges͏͏ faced͏͏ by͏͏ the͏͏...

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

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...

Gold jewellery demand set to rise with 18% volume growth anticipated, says Nuvama Report

India's jewellery market is experiencing a shift in buying trends,͏͏ with͏͏ a͏͏ broader͏͏ range͏͏ of͏͏ customers͏͏ driving͏͏ demand͏͏ in͏͏ the͏͏ second͏͏ quarter͏͏ of͏͏ 2024. Increased͏͏...

Jewellery brand Trisu raises pre-seed funding led by All In Capital to drive market expansion and innovation

Jewellery brand Trisu has successfully closed its first pre-seed funding round, led by early-stage venture capital firm All In Capital. The round also saw...

PN Gadgil Jewellers’ IPO fully subscribed on first day with 2x subscription

The initial public offering of jewellery retail chain PN Gadgil Jewellers Ltd was fully subscribed within hours of opening for bids on Tuesday, closing...

PN Gadgil Jewellers raises INR 330 Cr from anchor investors ahead of IPO

PN Gadgil Jewellers has secured INR 330 crore from anchor investors by issuing 68.74 lakh shares to 25 anchor investors ahead of the issue's...

Budget import duty cut to boost gold jewellery retailers’ revenues by 22-25% this fiscal: CRISIL Report

A CRISIL Ratings analysis of 58 gold jewellery retailers, representing a third of the organised jewellery sector's revenue, indicates that revenues for organised gold...

Malabar Gold & Diamonds to open 20 new showrooms in October

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

CaratLane CEO Avnish Anand steps down after nine years with the company

Avnish Anand, co-founder, Managing Director, and CEO of Tata-owned omnichannel jewellery startup CaratLane, has stepped down after a nine-year tenure with the company. In a...

Reliance Retail expects 2x growth in revenues and EBITDA over the next 3-4 years

Reliance, India's largest retailer, plans to double its revenues and EBITDA within the next 3-4 years. The company is also set to grow its...

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