As the day has arrived for the Ram temple consecration ceremony at Ayodhya in Uttar Pradesh, brands are seizing the opportunity with unique marketing initiatives to showcase and bring their best foot forward on the momentous celebration. Brands from diverse sectors are participating on this significant occasion with their new brand campaigns and products. Uniting […]
As per a recent note on the Indian jewellery retail industry, Icra has revised upwards its forecast of the year-on-year (YoY) domestic jewellery consumption growth (in value terms) for FY2024 to ten to 12 per cent from eight to ten per cent estimated earlier, primarily driven by the rise in gold prices. Jewellery consumption is […]
The ongoing festive season has given commerce companies and online brand sales a big boost. Categories such as electronics, food, grocery and jewellery have reported a double-digit growth over the last year. According to Grant Thornton Bharat, more than 50 per cent of the total festive sales have come through online platforms, against 45 per […]
The festive season is an exciting time for retailers, especially for those in the jewellery industry, given the rise in demand by festive enthusiasm and an uptick in weddings. This combination of events makes a lively and special time for jewellery retailers. However, with great opportunities, it also brings challenges to the jewellers. “Increased demand […]
All India Gem and Jewellery Domestic Council (GJC), the apex trade body that unites jewellery manufacturers, wholesalers, retailers and exporters, announced the launch of Jewellery Shopping Festival (IJSF) in New Delhi. The launch will be held across the country in 300 cities from 15 October to 22 November. The festival will offer benefits to both […]
Fashion brand AJIO on Thursday announced that its flagship event ‘All Stars Sale’ will start from 22 September. Customers got early access for a limited period of 6 hours starting 17 September. Commenting on the announcement, Vineeth Nair, CEO, AJIO, said, “All Stars Sale brings fashion’s biggest brands to customers giving them a truly enthralling […]
Titan Company on Saturday has said that it will pay a total of Rs 4,621 crore for a further 27.1 per cent share in CaratLane. After the transaction is complete, Titan will own 98.28 per cent of the shares in CaratLane, a private firm that produces and sells jewellery. Titan made its initial investment in […]
Nebula by Titan on Thursday introduced an exquisite lineup of 7 timepieces inspired by the exuberance, elegance and grandeur of the Art Deco era. Designed for the modern Indian, Nebula by Titan’s 18K gold watches are embellished with precious stones and astutely translate design inspiration through the finest of jewellery making and precision watchmaking. “Nebula […]
Tanishq, a jewellery brand, migrates its inventory management system to Oracle Cloud Infrastructure (OCI), including Oracle Database, Oracle Application Express (APEX), Oracle Web Application Firewall, and OCI Flexible Load Balancing. With real-time visibility into inventory levels and order fulfilment, Tanishq is able to meet the influx of customer demand and reduce its technology support costs […]
In an era of globalisation, big brands vs traditional businesses is a fight that continues in every sector. And the Indian jewellery sector too isn’t untouched by the winds of change. As the big jewellery brands decide to expand in Tier II and even Tier III cities across India, traditional jewellers too have upped their […]
