Representative Image Turkey-based diamond jewelry brand Zen Diamond has announced its plans to set up chain stores in top metros in India like Mumbai, Delhi, and Bangalore, along with establishing an online presence in the initial phase. Zen Diamond aims to target aspirational young and mid-age consumers in India. The brand said that it also…
Macy‘s said on Tuesday that investor Arkhouse Management has nominated nine individuals to its board, setting off a proxy battle just a month after the department store rejected a $5.8 billion go-private bid. The company had rejected the offer from Arkhouse and Brigade Capital on concerns over valuation, while it continues discussions for more information…
U.S. asset manager Davidson Kempner, owner of Britain’s Oak Furnitureland, is in discussions with British fashion retailer Superdry co-founder Julian Dunkerton about backing an offer for the clothing company, Sky News reported on Monday, without citing a source. The talks are at a preliminary stage and there is no guarantee that Davidson Kempner will ultimately…
Representative image The glittering diamonds sparkle the same but there are key differences: mined natural gems are more than a billion years old, while laboratory-made rocks are new and cost less than half the price. Man-made gems are reshaping the $89 billion global diamond jewellery market, especially in the west Indian city of Surat where…
Mumbai: The National Company Law Tribunal (NCLT) has ordered liquidation of jewellery retailer Gitanjali Gems, promoted by absconding diamantaire Mehul Choksi, under Section 33 of the Insolvency and Bankruptcy Code, 2016. The bench also appointed Santanu T Ray as the liquidator, who will complete the liquidation process as per the provisions of the IBC, 2016,…
Representative Image Mumbai: Malabar Gold & Diamonds and four other jewellery firms along with fashion accessory maker Titan have joined the global rank of top-100 luxury brands. Malabar Gold led the domestic contingent, claiming 19th rank as the top Indian international jewellery brand, followed by Tata group entity Titan Company which secured the 24th position….
NEW DELHI: St Stephen’s College has allegedly suspended around 100 first-year students for not attending morning assembly, according to a teacher. The college has also threatened to debar the students if they do not call their parents. The students and teachers have written to Principal John Varghese, urging him to immediately withdraw the order of…
AJMER: A prisoner died under suspicious circumstances while a head constable and a constable were beaten up by two inmates of Ajmer Central Jail on Monday.It all started when the TV at the cell of high security prisoner Sravan Soni (45) stopped working. Angry, he called head constable and cell in-charge Rajesh Kumar (40), said…
Donald Trump Washington: Former US President Donald Trump has launched a sneaker line, a day after a New York judge fined him and his companies nearly $355 million in the civil fraud case. The former president unveiled “Trump Sneakers” at Sneaker Con in Philadelphia. He placed a pair of gold sneakers, which a new website…
New Delhi: Max Fashion is aiming to open over 50 additional stores this year, further expanding its presence in the Indian fashion landscape, Sumit Chandna, president and deputy CEO of the company said in a media release. With plans to expand, its total store count shall reach 550 stores by the end of this year….
