Tom Singh, Founder, New Look and Independent Director, Board of ace turtle “The fundamental principle of retailing remains unchanged: understanding the customer’s mindset, offering desirable products at the right time and price,” says Tom Singh, the visionary founder of New Look and an independent director on the board of Ace Turtle.Sharing insights into his compelling…
Zoya, the luxury jewellery brand from the House of Tata, recently opened its 11th store in Chennai. The brand plans to take the total store count to 15 by the end of this fiscal year. The brand believes that it is well positioned for strong growth and expansion. “In the next 5-10 years, there will…
Suvankar Sen, MD & CEO, Senco Gold, says the endeavour of the Birla group to enter into the industry is just a signal that the industry is getting more and more organised. The story that we have been hearing over the last 5-10 years, the shift from the unorganised to organised, are the actions and…
Neetu Kashiramka, MD, VIP Industries Neetu Kashiramka, MD, VIP Industries, says VIP has lost quite a lot of market share in the last three to four years but is geared up to get back the lost market share. A lot of work has been undertaken around products. Kashiramka says: “Our product will now compete directly…
India’s gems & jewellery industry has seen a growing trend in the recent past. Lab-grown diamonds (LGDs) have established a niche for themselves among consumers who focus on affordability, says Vipul Shah, Chairman, Gem & Jewellery Exports Promotion Council (GJEPC). In an interaction with ET Digital, Shah says he is upbeat about the prospects of…
Ashok Sonthalia, CFO, Titan Ashok Sonthalia, CFO, Titan Company, says “the mid premium, premium, high value segments are showing very good traction, good demand and growth rates are very high in those segments. The growth in consumer numbers is also high. Entry level demand is a little bit dull still. I would say the whole…
Ashok Sonthalia, CFO, Titan Ashok Sonthalia, CFO, Titan, says starting from negative profitability, CaratLane is now firmly profitable, growing by almost 50% plus CAGR for the last five years. Now a stage has come where it felt prudent to increase our stake. At this point of time, the help of the founder and Titan expertise…
