×
117
Fashion Jobs
L'OREAL GROUP
Area Sales Manager - Consumer Products Division, Mumbai
Permanent · Mumbai
NIKE
sr. HR Operations Specialist
Permanent · Bengaluru
L'OREAL GROUP
Senior Manager - Digital Marketing & D2C, Kerastase
Permanent · Mumbai
NIKE
Lead Product Management – ed&a, Icc, India
Permanent · Bengaluru
NIKE
Senior Dynamic Application Security Tester – Cis, Icc, India
Permanent · Bengaluru
PUMA
Senior Manager - Golf Sales (Cpg-Cobra Puma Golf)
Permanent · Bengaluru
PUMA
Manager - Accounts Payable
Permanent · Bengaluru
PUMA
Senior Manager – Teamsport Sales
Permanent · Bengaluru
NIKE
Lead Technical Product Manager – p&m, Icc, India
Permanent · Bengaluru
PUMA
Manager – Warehouse Operations (Ecommerce)
Permanent · Gurugram
NIKE
Lead Product Manager, India – ed&a Icc
Permanent · Bengaluru
PVH
Manager, Business Solutions
Permanent · Bengaluru
NIKE
Identity And Access Management (Iam) Security Operations Engineer, India – Cis Icc
Permanent · Bengaluru
NIKE
Expert Security Incident Coordinator, India – Cis Icc
Permanent · Bengaluru
PUMA
Assistant Business Manager – Puma.Com
Permanent · Bengaluru
NIKE
Senior Software Engineer Iii – Retail Commerce Passplay, India - Consumer & Marketplace Icc
Permanent · Bengaluru
L'OREAL GROUP
Indirect Sourcing Manager
Permanent · Baddi
NIKE
Sap bi Lead Engineer – Sec Tech, Icc, India
Permanent · Bengaluru
NIYOSSHIC LUXURY CONSULTANCY
Social Media Intern
Internship · MUMBAI
SAAHRA
Graphic Design Summer Internships
Internship · NEW DELHI
HEMMING BEE
Fashion Production Intern
Internship · MUMBAI
HEMMING BEE
Fashion Production Intern
Internship · MUMBAI
Published
Jul 8, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Titan pleased with May, June recovery, attributes sales to wedding jewellery demand

Published
Jul 8, 2020

Watch and jewellery business Titan has seen sales begin to bounce back in May and June driven by increased demand for wedding jewellery and gold coins as an investment but watch sales remain low.

Titan has seen a better recovery from lockdown than expected helped by wedding jewellery demand - Titan- Facebook

 
Titan’s revenue in India for May and June was at around 70% compared to sales in the corresponding months in 2019, the business reported to the Bombay Stock Exchange, TNN reported. “Average ticket prices have also gone up led by higher wedding jewellery and higher gold prices,” Titan said in its filing on the Bombay Stock Exchange, accessed by TNN.
 
Although wedding jewellery and gold coin sales have begun to recover, Titan’s watch sales remain low at just over 20% of revenue during May and June 2019, according to the business.

The business saw the majority of its retail recovery come from e-commerce sales and retail channels. Titan saw its lowest sales volume in large-format stores. The business had opened 83% of its brick-and-mortar stores by the end of last month.
 
Titan’s production remains low due to inventory levels being high following lockdown. The business plans to gradually increase production as sales increase again. Titan has also postponed a number of launches to wait until the market brings to stabilise and consumer sentiment improves. 
 


 

Copyright © 2021 FashionNetwork.com All rights reserved.