Mitra points out that Titan has seen a slow but subtle shift in the buying habits of women. In the last seven years the share of women's watches has gone up from 40 per cent to 45 per cent
Watch and jewellery maker prioritising sourcing, pricing, product innovation, and operational efficiencies
Muthoot Finance has been in a steady uptrend for over 10 months, consistently forming higher highs and lows with a gradual increase in volumes
Since reaching its peak around the Rs 3,800 mark on April 1, 2024, the market has experienced a significant downturn, with a decline of nearly 600 points, translating to a 16 per cent loss in price
Analysts attribute this margin miss to heightened competitive pressure due to a spike in gold prices
State's effort will help country in achieving target of being a $5-trn economy: C K Venkataraman
Indian jeweller and watchmaker Titan Co Ltd said on Friday it registered a revenue growth of 22% year-on-year in the third quarter ended Dec 31 as it saw double-digit growth in its jewellery business
The stock hit a new high of Rs 3,400, up nearly 2 per cent on the BSE in Tuesday's intra-day trade on expectations of healthy December quarter earnings
Tata Group firm Titan plans to open 18 new international stores of its jewellery brand Tanishq, primarily in the Gulf region, taking the total count to 25 by the end of this fiscal. Despite the operational complexities of opening stores in unfamiliar territories, the company plans to "aggressively expand" in FY24 across GCC (Gulf Cooperation Council) region and the US market, given the evident consumer demand for Tanishq brand jewellery, said the latest annual report from Titan Company Ltd. "The company aspires to further strengthen its international presence to 25 international stores by the end of FY 2023-24, with growth primarily being driven by additions in the GCC region," said Titan. Tanishq, which increased the number of international Tanishq stores from 2 to 7 in FY23, has received a 'positive response' in global markets and now plans to expand its presence further, it added. "Tanishq aims to become the preferred jeweller in the NRI/ PIO markets by leveraging the pride tha
Zoya, the luxury jewellery brand from the house of Titan, is looking to more than double its revenue as well as the store count over the next three years from what it has done all through its 14-year history. Since its launch in 2009, Zoya has become a Rs 200-crore sub-brand in the Titan stable which grosses over Rs 40,000 crore annually, with seven showrooms -- the latest addition being just last week at the Taj Mahal Palace Hotel here -- and an equal number of galleries. If everything goes as planned, and if the demand for luxury maintains the current growth momentum, we will have at least eight more boutiques by FY27, adding to our seven stores and seven galleries at present, CK Venkatraman, the managing director of Titan Company, which is a joint venture between the Tatas and the Tamil Nadu government, told PTI. On the investment side, he said each store commands at least Rs 40 crore, which means, they will invest over Rs 320 crore over the next three years. The investment in
In a Q&A, the CEO of Titan's Watches and Wearables Division says the firm is betting big on smartwatches, eyeing 10-15% revenue from the segment the next few years
The credit for Titan's success goes to former managing director Bhaskar Bhat, who has won the Business Standard CEO of the Year award for the second time in seven years
The 23-member team of HUG Innovations including its founder Raj Neravati will be part of Titan's Hyderabad development centre
Keeping with time, the Tata Group company had piloted this strategy at five of its flagship Bengaluru stores for three months
The Bengaluru-headquartered company has now created a separate vertical to up its game in the smart watches category
The Bengaluru-headquartered company had earlier informed the stock exchanges its jewellery business grew 7 per cent in the second quarter of FY20, lower than the expected 12-13 per cent
The wristwatch market in India has grown from Rs 34 billion in FY' 2008 to Rs 65 billion in FY 2013