Images Retail - April 2024

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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

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

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

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

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

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

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

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

'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

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

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

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

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

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

Smaaash Mulls VR-only Arcades in Future

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

4 mins

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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.