Mindy Kaling stuns in Indian designer Gaurav Gupta’s ensemble, dons outfit similar to Aishwarya Rai’s Cannes look Delhi-based fashion designer Gaurav Gupta is at the forefront of the fight against counterfeit luxury products in India, with nine cases filed in the Delhi High Court against various counterfeiters. Gupta – who has featured in the Paris…
New Delhi: Khadi and Village Industries‘ annual turnover crossed Rs 1.5 lakh crore for the first time in FY 2023-24 with over 10 lakh new jobs generated during the fiscal, its Chairman Manoj Kumar said on Tuesday. According to provisional figures for 2023-24 released by KVIC, a 315 per cent increase in production and a…
PC Jeweller Ltd on Sunday said that Punjab National Bank has given its approval for one-time settlement of its outstanding dues. In a regulatory approval, PC Jeweller informed that “Punjab National Bank, the third largest bank after State Bank of India amongst consortium banks of the company in terms of its exposure, has conveyed its…
World Gold Council (WGC) in its mid-year outlook 2024 has said that the catalyst for gold could come from falling rates in developed markets, that attract Western investment flows, as well as continued support from global investors looking to hedge bubbling risks amid a complacent equity market and persistent geopolitical tensions. Gold has performed remarkably…
New Delhi: Leading jewellery and watchmaker Titan on Friday said it clocked a standalone revenue growth of 9 per cent in the first quarter ended June 30, 2024. The Tata Group-managed firm added 61 stores during April-June FY25, taking its combined retail network presence to 3,096 stores. Its jewellery division, which contributes over three-fourths of…
Representative image Physical gold dealers in India offered discounts for the ninth consecutive week due to high prices, as they await a potential import duty reduction in the upcoming budget, while top consumer China also saw weakness in demand. Gold demand in India, the world’s second-largest gold consumer and a major importer, has slowed as…
Retail jewellery major Kalyan Jewellers has decided to make its foray into the US market and has drawn up a plan to launch its first showroom in the country by Diwali. The jeweller also has plans to launch another 40 Kalyan showrooms in India and 30 Candere showrooms. Candere is a wholly-owned subsidiary of Kalyan…
India is the world’s sixth largest textile and apparel exporter having an 11.4 per cent share in India’s overall exports. The government aims to achieve $600 billion of textile exports by 2047 from $44 billion in FY22. However, this one’s a bumpy road for the Modi government. Will Budget 2024 be able to push the…
Saks Fifth Avenue parent HBC will acquire department-store chain Neiman Marcus in a $2.65-billion deal, the companies said on Thursday, giving them stronger negotiating power with vendors and greater ability to control costs. The deal comes with luxury retailers battling slowing demand as high interest rates and inflation force customers to crimp budgets, following a…
Malabar gold and diamonds New Delhi: Malabar Gold & Diamonds, the world’s sixth-largest jewellery retailer, opened its second UK showroom in Leicester on Thursday, marking a significant step in its expansion plans for the region. The 2,000-square-foot store, located on Belgrave Road’s Golden Mile, was inaugurated by Leicester City Mayor Peter Soulsby. It showcases over…
