Titan Achieves $1 Billion Jewelry Sales In Q2 Fy24

Wear this candy timepiece with a night gown, or just denims and a tee. See additionally the narrative richness of a vibrant Hermès horse, Richard Mille’s smiley faces or Van Cleef & Arpels’ romantic panoramas. Gold reached an all-time excessive of $2,185.19 after a report showed an increase in the U.S. unemployment rate and a moderation in wage gains despite job growth acceleration in February. Some jewelry industry observers warn that the time period “recycled” can provide such metals an aura of environmental friendliness without indicating where those supplies initially got here from. To be up to date with all the newest jewellery news and special bulletins.

  • Ltd., India’s main jewelry retailer with a 7% market share, recorded a 19% rise in total jewelry sales to Rs.eight,575 crores ($1.03 billion) for the Q2 FY24 that ended on 30th September 2023 owing to sturdy demand for high-ticket gadgets.
  • Currently, the brand has a presence across India, the Middle East, the Far East, the USA, the UK, Canada, and Bangladesh and likewise has 14 wholesale items in 8 countries, and 15 manufacturing units in 5 nations, with over 25 brands.
  • Salt and pepper diamonds, Montana sapphires, and yellow gold trend jewels are among the items topping retailer purchasing lists forward of jewelry market week in June.
  • Once you see State Property’s luxurious chains, alluring signet rings, and creative pearl jewelry on a person, the jewelry’s genderless enchantment is a no-brainer.