Taking forward its legacy of more than 150 years, Tribhovandas Bhimji Zaveri (TBZ) has signed its third franchise agreement for its upcoming store at Ranchi in Jharkhand. Brand’s every franchise store offers a wide array of innovative and attractive jewellery designs with an added attraction of custom-made products catering to the tastes of its discerning customers, TBZ said in a statement.
The company will be adopting a mix of company-owned stores and franchise stores to expand its domestic operations. The expansion will be done majorly through franchise mode. This will enable the company to increase its geographical footprint in an asset-light manner and help in improving the return ratios, TBZ further said.
TBZ is a well-known and trusted jewellery retailer in India. It has established itself as a preferred choice for customers in the wedding jewellery segment, recognised for exquisite gold and diamond jewellery designs. The firm has huge presence in India with outlets at major towns including Ahmedabad, Hyderabad, Raipur, Surat, Thane, Udaipur, Vadodara, Vijayawada, Indore, Kochi, Kolkata, Mumbai, Nagpur, Pune and others.