Tanishq

Titan and Rhythm Group form Joint Venture to boost Tanishq's Global Expansion and enter Bangladesh

Beny Sachdeva Jun 29, 2024 - 3 min read

Titan Company Limited, India’s leading lifestyle company, is happy to announce its strategic expansion into Bangladesh, as it signs a joint venture agreement with the well-known and rapidly growing Rhythm Group on the 28th of June 2024.   With Titan’s watches business present for many years in the SAARC, MENA, Southeast Asian regions, in the last ...

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Caratlane opens new outlet in Delhi

TFW Bureau Jun 24, 2024 - 1 min read

    Omni-channel jewellery brand CaratLane – a Tanishq Partnership, has announced the opening of its latest store in Vasant Kunj, Delhi. The new store is located in the DLF Promenade Mall. The announcement was made by a senior company official on social media. The latest store is in Caratlane’s new format. Just a few ...

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Titan Expands Retail Footprint in Tamil Nadu

TFW Bureau Jun 21, 2024 - 1 min read

Titan Company Ltd is all set for significant expansion of its retail presence in Tamil Nadu. The company has announced opening of new brand outlets across its diverse product portfolio in Chennai. The expansion includes the launch of Titan’s first-ever luxury Helios store in the country, the 59th Tanishq store and the 7th Taneira store ...

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Tanishq enters Oman

TFW Bureau Jun 11, 2024 - 1 min read

Renowned jewellery brand Tanishq has expanded its global presence by debuting in Oman. The inaugural store in Oman is situated at Oman Avenues Mall in Muscat. Currently, Tanishq boasts a network of more than 16 international stores beyond India. In July 2023, Titan unveiled its ambitious plan to establish 50 boutiques worldwide, with a particular ...

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Titan eyes 10-11% of market share in the Jewellery business

TFW Bureau Jun 07, 2024 - 1 min read

In its Jewellery business, Titan expects a revenue of 15–20% CAGR over FY24-27, the company said in its analysts meet. The company has a market share target of 10-11% as against 8.6% currently in the jewellery business. As compared to its earlier range of 12%-13%, the company now has a margin set of 11.5% - ...

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SPARKLING GROWTH FOR TITAN’S JEWELLERY SEGMENT, INTERNATIONAL EXPANSION ON CARDS

TFW Bureau May 03, 2024 - 1 min read

As per Titan’s Q4 results for FY23, the retailer’s growth is being led by its jewellery segment, as the wedding segment improves its performance. As per industry reports, the jewellery segment will grow around 18.5 percent, with a five-year revenue CAGR of 21.4 percent. As per Q4 business update, the emerging business segment is anticipated ...

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Caratlane expands retail presence, opens stores in Warangal & Nalagandla

Beny Sachdeva Mar 22, 2024 - 1 min read

Omni-channel jewellery brand CaratLane – a Tanishq Partnership, has launched new stores in Warangal & Nalagandla, Hyderabad recently, a company official wrote on social media. “New store alert! CaratLane – A Tanishq Partnership now in Warangal & Nalagandla, Hyderabad,” said Deepika Khare, National Head – Business Development at CaratLane and Shaya by CaratLane in a ...

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Tanishq launches another store in the US

Beny Sachdeva Mar 11, 2024 - 1 min read

Tanishq has launched its 15th international store in the United States, according to a company official who wrote on social media. The store is situated in Chicago at 4300E, Aurora and is spread over a sprawling 5000 sq. ft. real estate. It is the brand’s first outlet in the Midwest and its fourth across the ...

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Jewellery brands in India: Bright road ahead in 2024

Beny Sachdeva Mar 06, 2024 - 6 min read

The expansion plans for the new year shines bright for most of the organized jewellery brands in India. The upsurge in growing affluence and changing consumer preferences, e-commerce and digital transformation, international expansion opportunities, investor friendly business model &  brand innovation has lead  to the growth of jewellery industry in India. The year 2024 too ...

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India's retail market to touch US$ 2 trillion by 2033

TFW Bureau Feb 29, 2024 - 1 min read

The retail market in India is forecasted to experience significant growth, projected to reach US$ 2 trillion within the next decade, as per a joint report by the Boston Consulting Group (BCG) and the Retailers Association of India (RAI). This optimistic outlook reflects changing consumer preferences towards experiential spending, such as travel and entertainment, over ...

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