RETAIL/FMCG PNG Jewellers Targets 170 Stores By FY29 As Revenue Crosses ₹10,000 Cr

Jewellery retailer PNG Jewellers is targeting more than 100 stores by FY27, 140 by FY28 and 170 by FY29 as it expands beyond its core markets through a mix of company-owned and franchise stores. The company expects to open its 100th store in the coming year, marking a significant milestone for the jewellery retailer, which […]

CW Bureau · Sep 5, 2026

RETAIL/FMCG Renaissance Global To Invest In Middle East Jewellery Firm Naman

Renaissance Global Ltd’s step-down subsidiary Renaissance Jewellery Middle East FZCO has agreed to make a strategic investment in branded jewellery company Naman Trading FZC. The two companies have signed a Share Purchase Agreement (SPA), with the acquisition expected to be completed within 24 months. The cash consideration is $220,000 a share. Initial investment of 20% […]

CW Bureau · Sep 1, 2026

RETAIL/FMCG Thangamayil Jewellery Opens 2 New Stores In Chennai; TN Network At 66

Jewellery retailer Thangamayil Jewellery has expanded its presence in Chennai with the opening of two new showrooms in Mogappair West and Purasaiwakkam, taking its operational network to more than 66 stores across Tamil Nadu. The new stores were inaugurated on August 23, 2026, by the management of Thangamayil Jewellery in the presence of company officials […]

CW Bureau · Aug 24, 2026

RETAIL/FMCG PNG Jewellers Opens New Gurugram Store To Expand Delhi NCR Presence

Jewellery retailer PNG Jewellers has opened a new company-owned and company-operated store in Gurugram, strengthening its presence in the Delhi NCR market. Spread across 3,500 sq. ft., the showroom has been launched to meet growing customer demand and support the company’s retail expansion across key markets. New store targets local demand The store offers PNG […]

CW Bureau · Aug 16, 2026

RETAIL/FMCG PNG Jewellers Rebrands Litestyle As YOOU, Targets 100 Stores By 2030

PNG Jewellers has rebranded its lightweight diamond jewellery brand Litestyle as YOOU, marking a new phase in its strategy to expand the category and appeal to younger consumers. YOOU aims to become a preferred destination for lightweight diamond jewellery in India and plans to open 100 new stores through shop-in-shop (SIS) and exclusive brand outlet […]

CW Bureau · Aug 9, 2026

RETAIL/FMCG Lab-Grown Diamond Jeweller Aukera Opens First TN Store In Chennai

Aukera, India’s lab-grown diamond jewellery brand, has expanded its retail network with the launch of its first store in Tamil Nadu at Chennai. The new outlet is the company’s 32nd store in India and marks its entry into the Tamil Nadu market. Expanding retail footprint The Chennai store offers a wide range of diamond jewellery, […]

CW Bureau · Jul 25, 2026

RETAIL/FMCG Senco Gold Focuses On Diamonds & Old Gold Exchange For FY27 Growth

Senco Gold and Diamonds Ltd is banking on rising old gold exchange transactions, higher diamond jewellery sales and growing demand for lightweight and lower-carat jewellery to achieve its FY27 growth targets despite elevated gold prices. The company has provided a conservative guidance of 18-20% revenue growth, targeting turnover of ₹10,000-10,500 crore in FY27 compared with […]

CW Bureau · Jun 3, 2026

RETAIL/FMCG Mini Diamond India Arm Plans For Lab Grown Diamond Retail Via FOFO

Mini Diamonds (India) Ltd, the BSE-listed diamond manufacturer and exporter with a growing presence in lab-grown diamond jewellery, has announced a franchise-led retail expansion plan through its wholly owned subsidiary, Namra Jewels Pvt Ltd, to tap rising consumer demand for affordable and sustainable diamond jewellery. MDIL plans to expand under the Franchise Owned Franchise Operated […]

CW Bureau · Jun 2, 2026

RETAIL/FMCG India Emerges World’s 2nd-Largest Diamond Jewellery Market: NDC

Natural diamond jewellery ownership among Indian women has increased from 11% in 2022 to 15% in 2025, reflecting rising consumer aspiration, greater financial independence and growing preference for self-purchase, according to the Natural Diamond Council. India now accounts for 12% of global diamond jewellery demand, up from 10% in 2019, making it the world’s second-largest […]

CW Bureau · May 30, 2026

RETAIL/FMCG PNG Jewellers Targets ₹13,500 Cr Revenue In FY27; Steps Up Expansion

P N Gadgil Jewellers Ltd (PNG Jewellers) has outlined an aggressive growth roadmap, targeting a 25% year-on-year increase in revenue to ₹13,500 crore in FY27, while aiming to improve its EBITDA margin to 7.5%, driven by scale expansion and an improving product mix. Expansion push gains pace The company is set to accelerate its retail […]

CW Bureau · Apr 8, 2026