Despite rocketing gold prices, Tata Group, which owns jewellery brands like Tanishq, Mia by Tanishq, Cartlane, and Zoya, expects the festive demand to continue to stay positive, Ajoy Chawla, CEO – jewellery division, Titan. He said the consumer sentiments are much higher as compared to the previous year as consumer’s interest in the gold has…
New Delhi: Tanishq, a jewellery retailer from the Tata group, has partnered with global diamond company De Beers Group to promote and expand the natural diamond market in India, it said in a media release on Wednesday. This collaboration seeks to connect more Indian consumers with the rarity and preciousness of natural diamonds, leveraging a…
Zoya, the diamond boutique from the House of Tata, aims to grow at a CAGR of 30 per cent over the next 3 years, Ajoy Chawla, CEO – jewellery division, Titan told ETRetail. The brand, which has recently opened its 10th boutique store in Mumbai, has been growing at 40 per cent for the last…
This Akshaya Tritiya, expectations of jewellers are high due to a marginal dip in gold prices compared to last month. In April, sales volume decreased by around 20 per cent, although there was an increase in gold consumption in value terms due to escalating gold prices. The jewellery retailers are expecting Akshaya Tritiya to boost…
Representative image Jewellers say minimalistic and everyday jewellery is stealing the spotlight this Dhanteras as prices of gold remain high compared to last Dhanteras. Price of gold is up by Rs 9,000 per 10 gm compared to the last Dhanteras and is hovering around Rs 60,400 per 10 gm. Ajoy Chawla, CEO, Tanishq said “Over…
Ajoy Chawla, CEO Jewellery Division, Titan Company New Delhi: Despite high gold prices, jewellery retailer Titan which owns brands such as Tanishq, Caratlane, Mia by Tanishq, and Zoya is optimistic about festive season sales, said a top official of the company. Talking to ETRetail, Ajoy Chawla, CEO – jewellery division, Titan Company said, “We are…
Gold prices surged to Rs 60,000 per 10 grams in March from Rs 55,300 per 10 grams in January following the American banking crisis. Consumers might be buying less gold amid record-high prices, but top retail chains are seeing a surge in jewellery purchased through deferred or monthly payment schemes. Some of the big jewellery…
