Titan Firm buys majority stake in Dubai’s jewelry chain Damas for $283 mn

New Delhi: Watch and jewelry retailer Titan Firm Ltd, by means of its wholly owned subsidiary Titan Holdings Worldwide, on Monday introduced the acquisition of a majority stake in Dubai-based jeweller Damas Llc (UAE) for $283 million or 1.04 billion dirham. Titan, through its absolutely owned arm, has entered an settlement to accumulate a 67% … Read more

Titan’s Mia doubles down on growth as buyers go gentle on gold

“The tempo at which Mia is rising, particularly within the final two or three years, is like 60-70 shops a yr, and even this yr, we’re aiming for 75,” Ajoy Chawla, CEO, jewelry division, Titan Ltd, mentioned in an interview. Mia is at present Titan’s fastest-growing model in each quantity and worth inside its jewelry … Read more