(Representative Image) New Delhi: Luxury sales this Diwali seem to be a mixed bag for retailers and brands with some reporting double-digit growth in sales over a year earlier while pointing also to subdued sentiments elsewhere. However, most retailers and brands ET spoke with said they have seen an uptick in sales. “Sales for us…
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…
Leading Japanese consumer electronics maker Casio would start local manufacturing of watches by the end of this year in India, which is a priority market for the company, a top company official said on Wednesday. The company is working with a local partner here, where quality evaluation is going on and expects to launch its…
Ahead of the festive season, Titan Company Limited launched 12 offline retail stores of Titan World and Helios across Delhi and NCR with an investment of Rs 15 crore. With this launch, the company’s store count across India for Titan World stands at 640+ and for Helios at 200+. “The marathon store opening in Delhi…
