Titan Company’s Jewellery division — comprising Tanishq, Zoya, Mia and CaratLane — posted 70% sales growth in Q4 of FY 2020-21 that ended 31st March, 2021
Titan’s jewellery arm Tanishq has introduced a new purchase plan – Rivaah Aashirwaad – in an effort to assist consumers in buying jewellery for weddings and related occasions
IJ EXCLUSIVE: “Consumers are moving away from conspicuous consumption, to more purposeful brands” – Ajoy Chawla, CEO Jewellery Division, Titan Company Limited
In an exclusive interview with Indian Jeweller, Ajoy Chawla, CEO Jewellery Division, Titan Company Limited, talks about how Zoya has always embraced technology and digital media to stay ahead of the curve and how for Titan market research and customer feedback are of utmost importance
Tanishq, the jewellery arm of Titan Industries reported that revenues for the first quarter of the fiscal year 2020-21 were impacted by the pandemic
The Titan Company is likely to have a negative profit in the first half of the year amid “very marginal” sales due to the lockdown across India
Despite trying times Titan Company presented a detailed quarterly report of its activities, touching upon jewellery, watches and wearable brands
The income for April to September 2019, the first half of this financial year, stands at Rs.9375 crores, registering a growth of 7.4% over last year
The management had indicated that the performance in July was particularly weak (seeing revenue de-growth) while green shoots were visible in August and September
For the June quarter, the Bengaluru-headquartered company recorded 20% year-on-year growth in revenue in the watches segment, driven by a large order from another group firm, TCS
Among listed jewellery and ornament manufacturing companies, PC Jeweller was the top performer, followed by Tara Jewels, Tribhovandas Bhimji Zaveri, Titan and Thangamayil Jewellery
Titan Jewellery Division Q3 Profit up by 37%; continues to emerge successful in a dull market scenario
Golden harvest and gold exchange schemes are growth drivers, in addition to CaratLane recording a 43% growth, primarily due to network expansion
DIACOLOR a leading uber luxurious jewellery brand, that stands for detail, craft and impeccable style, is all set to launch its new titanium and diamond collection.
The list features Titan ranking 28, followed by Kalyan Jewellers (37), PC Jewellers (43), Joyalukkas India (49), and Tribhovandas Bhimji Zaveri (89).
Tata Group firm Titan Company Ltd reported a 96.84 per cent increase in consolidated net profit to Rs 237.97 crore for the first quarter ended June 30 led by robust sales in its jewellery division.
Three Indian companies — Gitanjali Gems, Titan and PC Jeweller — have been named in the list of top 50 luxury goods firms globally that was topped by Louis Vuitton.
With this, the company is confident that India’s most desirable and profitable jewellery brand, Tanishq, will get even more desirable for customers and attractive to investors.
New GHS, in spite of being compliant with interest rates, had lost steam due to regulations and Titan faced a tough time this fiscal wooing its customers back.
Tanishq, Titan's flagship line of jewellery is today a booming success with astute customers. Tanishq has performed remarkably well and has set standards, in what could best be described as a largely unorganised and fragmentedjewellery market.Being one of