New Delhi: Luxury watch brand Jaipur Watch Company has raised Rs 2.4 crore in a new fundraise diluting around 8 per cent equity stake, the company’s founder Gaurav Mehta told ETRetail. The round was led by Nirav Jogani of Lemon Funds and Jignesh Shah of Dev Diamonds and Lucky Jewellery. The company plans to use…
Tobias Reiss-Schmidt, president and CEO, Timex Group Timex, the 170-year-old watch brand that entered India 35 years ago, will continue to bet big on analog watches as at present, the watch penetration in India stands at around 15 per cent and less than 5 per cent own more than one watch, and appreciation for traditional…
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…
Siddharth Dungarwal, Founder Snitch D2C fashion brand Snitch is investing approximately Rs 5 crore to expand its warehousing capacity by 1 lakh sq ft, Siddharth Dungarwal, founder, Snitch told ETRetail. At present, the fashion brand has an in-house warehouse spanning across 50,000 sq ft and an additional 50,000 sq ft warehouse with 3PL. “With this…
Celio New Delhi: French Menswear brand Celio is planning to open 15 new retail outlets in the next 8-10 months, shared a top official of the company. Satyen Momaya, CEO, Celio India told ETRetail that in the next 2-3 years, the apparel brand aims to accelerate its growth. “Half of our growth will come from…
New Delhi: Bagzone Lifestyles, the parent company of fashion accessories brand Lavie has raised USD 9 million in a funding round by First Bridge India Growth Fund, shared a top official of the company. This is the first external funding for the bootstrapped startup, said Ayush Tainwala, CEO, Bagzone Lifestyles. He declined to share the…
New Delhi: ETRetail is all set to present its inaugural Fashion and Apparel Innovation Summit 2023 (FAIS 2023) on October 5th at the Hyatt Regency in New Delhi. This summit promises to be a defining moment for the fashion and apparel industry bringing together more than 30 Fashion, Lifestyle, Footwear & accessories brand leaders, celebrities,…
