×
148
Fashion Jobs
NIKE
India Sports Marketing Manager
Permanent · Bengaluru
NIKE
Senior Dynamic Application Security Tester – Cis, Icc, India
Permanent · Bengaluru
NIKE
Lead Technical Product Manager – p&m, Icc, India
Permanent · Bengaluru
NIKE
Lead Product Manager, India – ed&a Icc
Permanent · Bengaluru
PVH
Manager, Business Solutions
Permanent · Bengaluru
NIKE
Senior Product Manager - Enterprise Service Management (Esm), India – Tech Ops Icc
Permanent · Bengaluru
NIKE
Identity And Access Management (Iam) Security Operations Engineer, India – Cis Icc
Permanent · Bengaluru
NIKE
Application Security Architecture Consultant, India - Cis Icc
Permanent · Bengaluru
NIKE
Expert Security Incident Coordinator, India – Cis Icc
Permanent · Bengaluru
NIKE
Senior Security Engineer, India – Cis Icc
Permanent · Bengaluru
SS HOMME - SARAH & SANDEEP
Marketing And PR Intern
Internship · MUMBAI
TARAMA
Graphic Designer
Internship · MUMBAI
MASAR GROUP
IT Support
Permanent · DUBAI
NIKE
Sap Security Engineer – Sec Tech, Icc, India
Permanent · Bengaluru
TLM CONSULTANCY
Merchandising Assistant
Internship · MUMBAI
NIYOSSHIC LUXURY CONSULTANCY
Social Media Intern
Internship · MUMBAI
NIYOSSHIC LUXURY CONSULTANCY
PR Assistant
Internship · MUMBAI
NIKE
Senior Dev Ops Engineer – Sec Tech, Icc, India
Permanent · Bengaluru
OUTHOUSE JEWELLERY
Communication Designer
Permanent · MUMBAI
OUTHOUSE JEWELLERY
Store Manager
Permanent · NEW DELHI
NIKE
Senior Sap Application Engineer- Sec Tech, Icc - India
Permanent · Bengaluru
MAC
Make up Artist - Mac - Nykaa Pacific Rajori
Permanent · Delhi
Published
Apr 8, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Maharashtra jewellers fear local lockdown will affect gold sales this Gudi Padwa

Published
Apr 8, 2021

Jewellery businesses in Maharashtra has expressed concerns that the upcoming local lockdown could affect the sales of gold jewellery on the festival of Gudi Padwa on Tuesday.

Jewellery businesses in Maharashtra have expressed disappointment over the upcoming lockdown - GJEPC India- Facebook


Jewellery businesses were looking forward to Gudi Padwa, a festival when many find it auspicious to buy gold, as a chance to work towards recovery from last year’s lockdown. However, Maharashtra-based stores fear the upcoming weekend lockdown could put a dampener on festive business. To curb rising Covid-19 cases in the state, authorities have scheduled a lockdown for Friday evening to Monday morning and imposed a more long-term night curfew.  
 
“This was an unwarranted lockdown,” Mumbai-based jewellery business Shobha Shringar Jewellers’ director Snehal Choksey told ET Bureau. “As a businessman, I feel that it does not make any sense to shut economic activities to break the chain of Covid-19. It could have been better to shut just recreational facilities. In fact, they didn’t need to reopen the same in the first place. After a great amount of effort, businesses were on the road to recovery and the momentum had finally started building up since the new year with a sense of normalcy.”

Falling gold prices had also added to the anticipation of high sales next week. Businesses are hoping that the lockdown will end on Monday morning as scheduled and not be extended as has happened in the past.
 
“We could have just increased the pace of vaccination,” said Choksey. “Gudi Padwa is round the corner, which will be impacted even though customers will buy online or book over calls.”  

Copyright © 2021 FashionNetwork.com All rights reserved.