June 29, 2011 |
KOCHI: The retail jewellery chain Malabar Gold is planning to expand its reach to more foreign countries. It is looking at Asian countries like Singapore, Malaysia, Indonesia and Sri Lanka for immediate expansion. The jewellery major is also planning a foray into London as its first entry into the European market. Forseeing this expansion, Malabar Gold is looking for a brand identity programme. It has tied up with Brand Union, a strategic global agency, to enhance its existing corporate image.
January 22, 2007 |
NEW DELHI: In what would mark the first big-ticket global acquisition in the retail space, jewellery manufacturer Rajesh Exports is in an advanced stage of negotiations to acquire a string of jewellery retail stores abroad for $100-200 million. The company is working on a complex deal where it is going to acquire a mid-size jewellery chain in the US apart from snapping standalone local jewellers in about 15 countries across North America, Europe, Asia and Australia. According to...
March 15, 2003 |
KOLKATA: Tanishq has decided to go international. The jewellery division of Titan Industries ? Tanishq ? will now export jewellery to the US, the UK and the Middle East. V Govindraj, divisional manager, Tanishq India, said, "There are lot of NRIs buying jewellery and we thought of taking the Tanishq brand abroad where people are more comfortable buying Indian jewellery of a brand which they are already aware of. " "Currently, we are introducing the brand in the US in...
September 17, 2007 |
MUMBAI: Shares of Rajesh Exports were buzzing with action Monday on reports of a US-based buyout fund and diamond industry giant De Beers eyeing 51 per cent stake in the jewellery maker. The suitors are yet to make a formal bid, but both the parties are expected to make a bid for control stake. At 10:25 am, the stock was up nearly 14 per cent at Rs 831. The stock touched a high of Rs 849.95 and low of Rs 735 in trade so far with volume of 3,52,487...
March 10, 2007 |
NEW DELHI: Gitanjali Group, the country's leading diamond and jewellery manufacturer and retailer, is all set to foray into lifestyle retail. Industry sources say the Rs 3,000-crore gems and jewellery major plans to set up its own malls, with a focus on the luxury segment. For the foray into non-jewellery retail, Gitanjali Group is likely to set up a separate company Gitanjali Lifestyle. It is expected that the group would announce its lifestyle retail foray in...