At present, 33 percent of the revenue of the brand comes from online and 66 percent from offline channels., however, it is planning to increase the share of online channels and take it up to 50 percent.
The emerging trends have made it essential for retail firms to upgrade their existing skills and build a strong, agile workforce, one that could effectively engage with the modern-day consumer and drive sales for the organization at all touchpoints.
Operating profits to rise 12-15 percent next fiscal, resulting in better debt metrics. That will keep the credit outlook for organised jewelers 'stable' next fiscal, despite higher capital spending and inventory.
Over the last 7-8 years, rapid urbanization, rising incomes, aspirations for a better lifestyle, and social and economic development of rural areas have led to an average demand growth of 15-20 percent CAGR in quantitative terms for home textiles.