Maurice Lacroix Sees India Among Top 5 Markets In 2-3 Yrs: MD Waser
Stephane Waser tells BW Retail World that the brand is looking at exponential growth and doubling the volumes over the two to three years
Stephane Waser tells BW Retail World that the brand is looking at exponential growth and doubling the volumes over the two to three years
Arun Narayan tells BW Retail World that the brand is looking to do justice to the first store and not planning to scale as of now
Reports say that the demand for ornaments is expected to dip by up to 27 per cent from a year-ago in volume terms during the buying period
Exports are projected to fall another 17 to 20 per cent in the current fiscal year to about USD 11 billion, a report notes
The demand in India is showing signs of a pickup with the onset of the festive season, led primarily by a surge in physical investment demand for bars and coins
This development will allow both brands to leverage their strengths in design, craftsmanship, and market reach
The fresh capital will power Lucira’s next phase of growth, as plans include opening new flagship retail stores in the current financial year
In addition, the company is planning to expand its operations to Ireland and France soon
The discussions are aimed at closing the revenue gap, as sharp disparities in pricing between Delhi and neighbouring states push many consumers across the border
The company notes that while the excise duty changes in Maharashtra will impact the sales, Indian market will be in a strong growth momentum in fiscal year 2026