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Showcasing the Gems of Jewellery
Retail in India
Gold prices have reached a historic high, surging about 17% in the last two months to touch `72,700 per 10 grams. And while this has dampened the demand leading to lacklustre footfall in stores, the industry has grown in value terms in the last year. Credit agency ICRA expects the domestic jewellery retail industry to grow at 10-12% year-onyear in the financial FY2024 on the back of elevated gold prices. This was higher than the earlier estimates of 8-10% growth.

However, jewellery retail in India continues to be dominated by unorganised players with organised players constituting a little more than a third of the market. Having said that, while the organised players are fewer in number in comparison to their organised counterparts, they are making up for in terms of innovations in designs and experience they offer with omnichannel retail, tech-driven features like virtual try-ons and loyalty benefits.

In this issue, we showcase the gems of organised jewellery retail in India—beginning with M P Ahammed of Malabar Gold & Diamonds who embellishes t

How can Brands Delight Customers?

A look at strategies to bring customers back and turn them into potential brand advocates

3 mins

Smaaash Mulls VR-only Arcades in Future

Avanish Agarwal, Consulting CMO, Smaaash sheds light on business, expansion plans and more

4 mins

Meesho is Built Upon the Bedrock of Technology

Nilesh Gupta, General Manager, Growth at Meesho shares his insights on the growth factors, technology and relevance of the brand in tier 2 cities and beyond

5 mins

High Streets Emerge Top Leasing Choice for Luxury Brands in 2023, Malls Remain Second

Malls remain the second most preferred luxury realty category, with 300% Y-o-Y growth with high streets lead with about 45% share in India’s overall luxury retail leasing in 2023

4 mins

Special Events in Malls

Nexus Select Citywalk and Kiran Nadar Museum of Art (KNMA) organised the collaborative exhibition, ‘The Art Maze; from March 24 to March 31, 2024. Inspired by the works of prominent Indian artists - Lakshman Pai, Raja Ravi Verma, Jamini Roy, SH Raza, and Vivan Sundram; The Art Maze aimed to portray an immersive journey into the world of artistic expression for the participants anve d visitors.

7 mins

CRA Realtors: Inspiring Trust

CRA Realtors boasts about 70% repeat customers, which speaks volumes about the trust the real estate agency has inspired over more than 18 years of existence

5 mins

Why South India is Witnessing Renewed Retail Surge a

Industry leaders on the factors propelling retail growth in South India and their projections for future expansion metrics in the region

4 mins

Tier 2 Cities Lead with 64% of March Store Launches

About 48 of all the new stores opened in March 2024 were in non-metros

3 mins

5 Top Indian Jewellery Brands with the Strongest Retail Footprint

These homegrown jewellery retail gems have been instrumental in shaping the country’s jewellery sector and continue to shine bright amidst stiff competition on the global stage

2 mins

Demand for Lab-grown Diamonds to Double by 2030. Here's Why

Exploring the different facets of this emerging segment that is increasingly attracting retailers, investors and consumers to it

5 mins

What Helps Pune-based PNG&Sons Jewellers Stay Profitable

Pune-based PNG Sons continues to stay profitable at store level even after 200 years. Here’s how

4 mins

The Golden Journey of Kalyan Jewellers

How Kerala-based Kalyan Jewellers is transforming itself from a regional brand to a national player that is in sync with the changing time and consumer tastes

4 mins

Titan Takes Risks in Innovating and Implementing Solutions that Improve Experiences

Krishnan Venkateswaran, Chief Digital Information Officer CDIO), Titan Company Ltd. on how the diversified retail company uses technology in every area from designing products and stores to offering personalised services and memorable customer experiences across channels

8 mins

'Malls Expected to Attract Investment of Over ₹20.000 Crore in Next 3-4 Years,

Chairman and Co-founder of Anarock Retail, on the current and future trends in Indian retail real estate and how the leading property consultant firm is enabling the sector

6 mins

Malabar Gold & Diamonds Glittering Success

The story of Kerala-based jewellery retailer's rise to become the world's sixth-largest group in the segment

7 mins

Here's How India Shops Online

Over 60% of people prefer shopping via apps over websites with a clear preference for marketplace apps

2 mins

Why Are More And More Retail Brands Advertising Online?

Returns on investment ranging from 2%-10% from their digital ad spends is just one of the reasons why brands and retailers across categories are taking to online advertising

3 mins

Mini Mall, Mega Experiences

Lulu Group’s first mini mall brings the best of retail to the aspiring consumers of the tier 3 town of Palakkad in Kerala

3 mins

How Daalchini is Spicing up Micro Retail in India

Through its smart vending machines, the Noida-based company is offering 24/7 convenience to customers, reach to over 200 brands and new business opportunities to entrepreneurs

5 mins

AI, Cloud and SaaS Play a Pivotal Role for Banjaaran Studio

Banjaaran Studio’s founder Meera Dureja on the brand story, business model and adding a modern touch to traditional shoemaking

4 mins

How Myntra, Amazon, Shoppers Stop, Peesafe & Indiamart are Using AI for CX

From improving product recommendations and personalised fit suggestions to delivery, here’s how retail biggies are using artificial intelligence to offer delightful customer experiences

4 mins

Store Launches Surge 23% in Feb

While the number of store openings increased, fundraises in the month dropped significantly

3 mins

The Government Realises the Importance of Domestic Market

Rahul Mehta, Chief Mentor of CMAI on Indiasize, the government’s focus on domestic retail, industry’s asks and more

4 mins

In 3 years, PepsiCo India Doubled its Previous 30-year Capacity

As the director of channel, customer and go-to-market (GTM) development for PepsiCo India, Anand Mohan Sharma has anger on the pulse of India’s consumption story—especially in the food and beverage segment.

3 mins

A Look at the Indian Athleisure Market Play

The dimensions, driving forces, and potential of the Indian athleisure market

4 mins

Traditional Offerings, Modern Methods

Pune-based two-year old ethnic wear brand, Pareha is employing new-age channels and strategies to win more customers and market share

2 mins

Flyrobe Aims to Become a ₹100 crore Business in 3 Years

Anchal Saini, Chief Executive Officer of fashion rental omnichannel player Flyrobe, on the complexities of the business, leveraging the C2C model and expansion plans

3 mins

Snitch to Offer Accessories, Fragrances, and Innerwear

Siddharth Dungarwal, Founder, Snitch talks about the brand's expansion strategy and areas of focus

3 mins

PN Rao Fine Suits Since 1923

Over 100 years, PN Rao has not only perfected the art of fine suitmaking but has also emerged as a full-range clothing player

3 mins

Dockers Serious About India

Dockers aims to open five stores in India in the first year of operations and 20 stores in about two years in partnership with Ace Turtle

4 mins

قراءة كل الأخبار من Images Retail

Images Retail Magazine Description:

Launched in 2003, IMAGES Retail magazine took on the task of analysing the emerging organised retail industry at a time when the industry itself had little data to work on. The magazine covers the gamut of Indian and International movements in retail technology, logistics and supply chain, store formats, store design, retail real estate, franchising and human resource, besides reporting on significant directions within India’s sunrise industry.

The magazine is widely acknowledged India’s leading retail intelligence publication for decades now, providing news, insights, research & analysis, intelligence and data covering retail operations across all Indian markets.

The mission of the monthly B2B magazine – published exclusively for the retail industry – is to bring industry leaders and brand owners up to date with the latest in retail technology & innovations, provide them with in-depth research, studies and analytical, insightful features which help them grow their businesses in India. The magazine aims to spark ideas and shape agendas for decision makers in India’s competitive retail industry.