Titan Company’s Jewellery business has done well in the second quarter of the current fiscal (Q2 FY19) and witnessed gains in market share. Exciting new collection launches and extended diamond studded activation have resulted in good growth for Q2 FY19 and it is in-line with internal expectations.
The company launched the Gulnaz collection in July 2018 in studded Jewellery which has been receiving good customer response. Business has launched contemporary silver collection, under Mia brand, that is stylish, fashionable and affordable for the young modem woman.
The division added 16 Tanishq stores and closed 2, for the year to date, with the net retail space addition being approximately 35,000 square feet.
Titan Company is an Indian designer and manufacturer of watches, jewellery, precision engineering components and other accessories including sunglasses, wallets, bags and belts.