GJ Town India

Fiscal 2024 guidance reflects confidence!   Recently, Signet Jewelers announced its results for the 13 weeks and 52 weeks (Fiscal 2023) ended January 28, 2023.    "Thank you to our team for their dedication, agility, and excellent execution. We delivered on our three key priorities of growing market share, achieving an annual double-digit non-GAAP operating margin, and leveraging capital allocation to drive shareholder returns despite headwinds and volatility throughout the year," said Signet Chief Executive Officer Virginia C. Drosos. "    As we turn to FY24, we are confident in the sustainable competitive advantages we've built and our ability to leverage our enhanced infrastructure and scale to grow ahead of the jewelry industry. "Our Fiscal 2024 guidance reflects confidence in our ability to deliver an annual double-digit non-GAAP operating margin despite a jewelry retail environment that we estimate will decline mid-single digits through the year,"...

  Launches premium jewellery showroom D’Signia  Senco Gold & Diamonds, the largest organised jewellery retail player of eastern India, based on number of stores, expands its footprint in North India with the launch of its premium jewellery showroom, D’Signia in Chandigarh, Punjab.  This is the first showroom by Senco Gold & Diamonds in Chandigarh and overall eighth D’signia showroom in the country. The new two-storied D’Signia showroom is located in Chandigarh. This showroom in Punjab will offer a wide range of elegantly designed jewellery collections for all occasions.  Expressing his views on the launch of the new showroom in Chandigarh, Suvankar Sen, MD & CEO, Senco Gold & Diamonds said, “We are delighted to launch our first showroom in the state of Punjab. With a catalogue offering more than 108,000 designs for gold jewellery and more than 46,000 designs for diamond jewellery.                    ...

Bollywood Diva Raveena Tandon launched!   India’s most trusted jewellery brand PNG Jewellers inaugurated their new store in Navi Mumbai. This new store takes its global store tally to 35 Stores!   The Inauguration of the store was done by Bollywood Diva Raveena Tandon in the presence of Dr Saurabh Gadgil, Chairman and Managing Director, PNG Jewellers, Parag Gadgil, Executive Director, PNG Jewellers, and members of PNG Jewellers family. The new store will offer a wide range of PNG's signature gold, silver and diamond jewellery in a 2500 sq. ft. state of the art store.   The spacious store offers some of the most classic yet contemporary jewellery designs for new age women.  Strategically located in Sector 17, Vashi in the bustling cosmopolitan and planned city of Navi Mumbai, the store will ensure that the brand is able to cater to the growing diaspora of this evolving metropolitan and its people. The store has the same look and feel as other PNG Jewellers store...

Live a Dream, inspired by floral charm and blissful blooms: Tanishq       Drift off to a paradise where fantasy surrounds every lane, where all your dreams seem close enough to touch and a dreamland of gorgeous bouquet of roses mirror timeless romance. Tanishq, India’s largest jewellery retail brand from the house of Tata, has unveiled a delightful contemporary line of natural diamond jewellery, Live a Dream, inspired by floral charm and blissful blooms.    Live a Dream collection is an art in harmony with nature celebrating whimsical marvels, the magic of flora and the onset of blooming season. From bright Daisies and classic Tulips, delicate Lilies and timeless Roses to the tropical Butterflies and Hydrangeas this collection is an ode to nature’s bouquet of floral ombres, colourful sparkle and infinite possibilities that will transport you to the figment of your dreams.    Tanishq’s Live a Dream is fashioned after the blooming spring flowers, ...

  Opens in the heart of Mumbai city!   India’s leading Diamond jewellery retail chain expands its f ootprint in Mumbai with another store in Phoenix Marketcity, Kurla!   ORRA, India’s leading and trusted brand of diamond jewellery has added another jewel to its crown by launching their 40th store in the city. The brand-new store spread across 797 sq. feet, is located at Phoenix Marketcity Kurla, regarded as one of the most popular luxury shopping destinations.   ORRA takes pride in its diamond legacy and has been a pioneer in design leadership and product innovation, offering wide range of bridal and contemporary jewellery pieces. With 5 global design centers in Tokyo, Hong Kong, Antwerp, Mumbai and New York, ORRA carries a legacy of 700-year old Belgian craftsmanship.  Commenting on the store launch, Mr. Dipu Mehta, Managing Director, ORRA India said “I am thrilled to announce the opening of our 9th store in Mumbai at Phoenix Marketcity Kurla. The new sto...

Launches new store in Aurangabad As India unlocks and gets ready to battle the Covid - 19 pandemic in a post lock-down world, India’s most trusted jewellery brand PNG Jewellers inaugurated their 2nd store in Aurangabad yesterday. This new store takes up its global store tally to 39 Stores!    The Inauguration of the store was done in the presence of many distinguished guests, Dr Saurabh Gadgil, Chairman and Managing director PNG Jewellers, Mr Parag Gadgil and members of the prestigious Bora, Shingvi and Papdiwal families. The new store will offer a wide range of PNG's signature gold, silver and diamond jewellery in a 2600 sq. ft. state of the art facility.   The spacious store offers some of the most classic yet contemporary jewellery designs for new age women.  Strategically located at Kalda Corner in Aurangabad, the store will ensure that the brand is able to cater to the growing diaspora of Aurangabad. The store has the same look and feel as other PNG Jewell...

  Tiffany Reports Significant Improvement in Sales Trajectory and Profitability!   Tiffany & Co reported its financial results for the three months that is 2Q & 1H ended July 31, 2020. The Company returned to profitability during the second quarter of 2020 behind meaningful sequential improvements in monthly worldwide net sales from May to July.   Worldwide net sales for the quarter were 29% below the second quarter of the prior year, after having been down 45% during the three months ended April 30, 2020 (“first quarter”) as compared to the prior year, on an as reported basis, with a similar improvement on a constant-exchange-rate basis, which excludes the effect of translating foreign-currency-denominated sales into U.S. dollars (see “Non-GAAP Measures”).   Worldwide net sales in the first half were 37% below the first half of the prior year. These declines, a result of the continui quarter, namely, increased sales in Mainland China and global e-com...

Launches the best combo offer! Tanishq, India’s most trusted jewellery brand, is bringing consumers the best combo offer which is sure to make the wedding shopping experience much more exciting. Consumers can now avail discount of up to 25% on making charges of gold jewellery and diamond jewellery value along with a 100% value on exchange of their old gold jewellery. The offer is valid across all Tanishq stores in the country. Perfectly timed with the upcoming wedding season, this biggest ever combo offer by India’s trusted jewellery brand-Tanishq comes as a great news for the customers. The customer can combine the two offers to get the best value.  With all the latest collections from the house of Tanishq; Swayahm, Utsava, Lavanyam, Gulnaaz, Preen and Aveer with products starting from just Rs. 10,000 and the combo offer also in place, this would make for a best time to go jewellery shopping. Tanishq, which bears the hallmark of Titan and the assurance of the TATA...

The iconic jewellery brand endorsed by The young sparkling star Sara Ali Khan! The sparkling Gen-Z star Sara unites with the most iconic jewellery brand to introduce highly stylish and affordable collections for today’s modern woman! India’s most trusted and well-known jewellery brand-TBZ-The Original (Tribhovandas Bhimji Zaveri Limited or TBZ Ltd.) has signed the actress Sara Ali Khan as the official Brand Ambassador, to be the face of the brand for the younger & ever evolving Indian tastes & designs. TBZ-The Original’s eclectic timeless jewellery collections will shine with glitz and glamour on the youth icon who symbolizes the fashion forward women. Today’s evolved women are privy to the ever changing global trends, social media know how &   fast moving fashion choices available to them at the blink of an eye or the swipe of a button. TBZ-The Original has signed on the young star that is an inspiration as well as an aspiration for these young wo...

PNG on Continuing the rapid expansion spree Continuing the rapid expansion spree, the heritage jewellery house, PNG Jewellers launched their next franchise store in Dombivali. Inauguration of the store was done by the rising Bollywood star and one of the crowned jewels of the Marathi film industry Amruta Khanvilkar. The new store will offer a wide range of PNG's signature gold, silver and diamond jewellery. Spread across 2500sq ft, this spacious store offers advanced facilities and assures customers to have an enhanced shopping experience. Centrally placed at a prime location of Tilak Road in Dombivali-which is a market area frequently visited by right customers for the brand, hence making it an obvious and preferred location for PNG Jewellers to launch another store which will increase their consumer base. The store has the same look and feel as other PNG Jewellers stores and will uphold the same high standards that the brand stands for. A Manager from PNG Je...