Star shine hard to come by for jewellery brands as celebs jack up endorsement charges, put stringent conditions – ET Retail

Representative Image Jewellery brands are scrambling to get new celebrity endorsements, both at the national and regional level, sparking a spike in celebrity fees and stringent terms and conditions. But the demand is skewed in favour of glamour icons. A senior executive of a prominent jewellery brand, asking not to be identified, said the asking…

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Titan optimistic on festive jewellery sales; launches heavy, light-weight collections to tap wider audience – ET Retail

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…

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India’s Tribhovandas Bhimji Zaveri posts higher Q2 profit as diamond outshines – ET Retail

Representative Image BENGALURU – Indian jeweller Tribhovandas Bhimji Zaveri reported a near 65% rise in second-quarter profit on Monday, buoyed by lower expenses and strong diamond demand. The company said its consolidated net profit rose to 90.1 million Indian rupees ($1.08 million) for the quarter ended September 30, from 54.7 million rupees a year earlier….

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Premiumisation Story: Titan set to launch an invite-only jewellery store with minimum ticket size of Rs 10 lakh – ET Retail

New Delhi: Titan Company Limited is all set to launch an invite-only retail store which will sell luxury jewellery with a minimum ticket size of ₹10 lakh. The move comes as India’s consumer companies rush to premiumise to tap into the strong demand at the higher end of the consumer discretionary market. The company has…

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