29 Jun 2022
DiamondWorld Directory
-
Home |
News
Home
Tara Jewels to close its three ‘less profitable’ retail stores
Plans to concentrate on the high- margin diamond and studded jewellery segment
By: Diamond World News Service
|
Jun 27 2014 10:26AM
|
Reference: 9261  

DecreaseIncrease
Leading jewellery manufacturing and retail entity Tara Jewels has decided to close shutters at three of its stores, which are gold centric, and which it considers are less profitable, reports say. The jewellery intends to focus on the high- margin diamond and studded jewellery segment, reports add.

The company is also planning fresh strategies to be in sync with the present government regulations affecting the gem and jewellery sector and also plans to increase its retail footprint in the medium and long-term with low cost initiatives.

At present, with the closure of the three stores, located in Delhi and Pune, the company’s retail stores would stand at 37.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
 
*  Name:
 
*  Mobile:
 
*  Email:
 
 
Subscribe for DiamondWorld weekly Newsletter
 
Advertisement
DWWeeklypost
Search News by City
Advertisement
DWsubscription
Recent Issue
2022
AVAILABLE NOW...!
News in Pictures
Videos
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 31030
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 8167
GJEPC Chairman Interview
Views: 27247
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 37793
Promo for IJ Awards 2012 at NDTV Profit
Views: 51770
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 65485
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 21155
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 49607
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 50998
Advertisement
Finestar Diamonds
Advertisement
DW News App
Member of:
Supporter of: