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With discretionary portion of consumer sentiment on an uptick, demand reviving and revival of government gold schemes, the prospect for business looks bright, said Prem Hinduja, CEO, Tribhovandas Bhimji Zaveri.
Prem Hinduja, chief executive officer, Tribhovandas Bhimji Zaveri (TBZ) says the studded jewellery segment has seen a robust traction this quarter.
Sale of diamond jewellery reaps higher margins than gold, but, volume growth in gold jewellery will makeup for margins in absolute terms, says Prem Hinduja, CEO, Tribhovandas Bhimji Zaveri.
Jewellery retailer Tribhovandas Bhimji Zaveri (TBZ) plans to triple its retail store space in the next three years and aims to tap more cities in its bid to become a strong pan-India player.