Caratlane expands retail presence with three new stores in Bengaluru
Titan Ltd owned omnichannel jeweller Caratlane has strengthened its retail presence in south India with the addition of three new stores in the city of Bengaluru.
The new stores were opened in Indiranagar, Whitefield and Orion Mall which takes Caratlane’s store count in Bengaluru to 12 and 22 in south India.
The store openings have been strategically planned and launched just ahead of the festive season during which jewellery purchases are at an all-time high.
Commenting on the store openings, Mithun Sacheti founder & CEO of Caratlane in a statement said, “We are delighted to launch three new stores in Bangalore and that too just in time for the festive season. Caratlane stores are very different from the typical Indian jewellery stores. A solitaire lounge and an extremely helpful team of experts are what make the experience exceptional.”
Rajan Amba chief operating officer at Caratlane added, “Caratlane has been able to cater to a vast audience since it has designs starting from as low as Rs 5000 ($70). We are excited to celebrate the festive season with the city and hence we are offering exciting offers across all our categories.”
Caratlane now has 73 stores spread across the country. It is planning to open 17 new stores to reach a store count of 90 by the end of the financial year 2019-20.
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