Titan bets on studded jewellery, premium watches and eyewear to drive growth
ET Intelligence Group: Titan Company reported strong revenue and profit growth in the September quarter, supported by buoyancy in studded jewellery despite flat buyer growth. The watches-to-jewellery-to-eyewear company…
Attributed summary
ET Intelligence Group: Titan Company reported strong revenue and profit growth in the September quarter, supported by buoyancy in studded jewellery despite flat buyer growth. The watches-to-jewellery-to-eyewear company expects buyer growth to improve as gold prices stabilise, aided by a prolonged wedding season. Lower-carat and lightweight jewellery offerings are also helping attract value-conscious consumers.Strong traction in studded jewellery, which now accounts for 35% of sales, continued expansion of Tanishq and…
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