NEW DELHI: As Titan Company generates almost all of its sales from discretionary products, which were out of favour, pandemic hit the company hard, which resulted in June quarter sales being a fraction of last year’s level. Worryingly, even as stores in most parts of the country have opened, disruptions are rampant and customers are … Read more
Traders at Mumbai‘s Zaveri Bazaar, reeling under sales depleted by the Covid-19 pandemic and rising gold prices, have stopped selling jewellery against credit to the retail jewellers. They are insisting that retailers pay upfront for their jewellery taken during the pre-Covid period or return them if they fail to pay. Retailers have already returned a … Read more
Mumbai: Titan Company said on Tuesday it has reopened 83 per cent of its stores across all businesses as at the end of June, and said its revenues in jewellery, watches and eyewear division saw a significant drop in the month of May from a year ago. The Tata-group owned watch and jewellery company said … Read more