CARATLANE NEW COO
Titan shares tank 7% post Q4 results. Should you buy, sell, or hold?
Titan Share Price: Titan's shares plummeted by nearly 7% as it reported a 7% YoY increase in standalone net profit at Rs 786 crore. Despite a 17% YoY growth in net sales to Rs 10,047 crore and a dividend recommendation of Rs 11 per share for FY24, EBIT margins dipped.
Akshaya Tritiya begins on a positive note; jewellers expect biz of up to 30 tonne
All India Gem and Jewellery Domestic Council Vice Chairman Shyam Mehra said, gold prices have come down to around Rs 50,500 per 10 gram from Rs 55,000-58,000 per 10 gram, giving boost to consumer sentiment.
CaratLane appoints Avnish Anand as Chief Operating Officer
As COO, he will lead CaratLane’s new opportunities by growing the core business, omni-channel strategy and build key partnerships to drive growth. Mr.Anand will play an important role in scaling up both domestic and international business.
E-commerce boom: Temporary jobs open up, salaries reach for the stars
The requirement for temporary staffing in e-commerce is mainly for delivery, warehouse, online marketing and customer services.
Niche e-commerce players like Lenskart setting up physical stores to build brand awareness, trust
The narrative is of online players trying to change mindsets about internet shopping in a country that has just begun its online initiation.
Building customer loyalty: Online retailers like Groupon, Zivame & Goibibo directly interacting with consumers
Online jewellery retailer CaratLane managed to attract more than 30 HNIs for a diamond appreciation session in Hyderabad last month.
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Online retailers like Zovi, Myntra offer simulating 'Touch & Feel' comfort to consumers
A slew of pure-play online players are now also opening physical outlets to woo potential buyers and tackle negative perceptions about online shopping.
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