KISNA’s Post

The dynamics of luxury shopping are shifting dramatically, and nowhere is this more evident than in India’s Tier-2 cities. #EmergingMarkets What stands out is the mindset of the consumers. They’re not just buying luxury; they’re experiencing it. In our stores, I’ve seen shoppers value exclusivity and personalization as much as the product itself. It’s about the story behind the piece, the craftsmanship, and the connection they feel. #IndianLuxury #CraftingLuxury Digital access has also been transformative. Today’s customers from Tier-2 cities are as trend-savvy as those in metros. They know what they want and expect global standards with a local touch. #DigitalTransformation The potential here is enormous. These cities aren’t just embracing luxury—they’re redefining it. For brands, this is an opportunity to innovate and grow with an audience that truly values thoughtful retail experiences. #IndiaGrowthStory Welcome Aza Fashions in #Surat #Gujarat

From a Small Shop to ₹51,000 Crore business: The Inspiring Journey of Malabar Gold & Diamonds In 1993, MP Ahammed, a copra dealer from northern Kerala, had a dream to start a jewellery business. He began with a tiny shop – just 200 sq. ft. – in Kozhikode, Kerala. Ahammed wanted to build a brand that connected with the rich culture of his region. His inspiration came from Kant, the district collector of Kozhikode, who had made the city well-known through events like the Malabar Mahotsavam, which showcased traditional art forms and music. Seeing the success of these initiatives, Ahammed decided to name his jewellery business Malabar Gold and Diamonds, reflecting the local culture. What started as a small shop would soon become one of India’s biggest jewellery brands. Fast forward to 2024, and Malabar Gold & Diamonds is now India’s largest jewellery company, with annual revenues of over ₹51,000 crore. The company operates 213 showrooms in India and 140 showrooms in 13 countries around the world. What makes Malabar unique is its business model. Instead of managing everything from the top, they decided to work with local partners in every city they expanded to. This allowed them to grow faster and build strong relationships with communities.  Today, Malabar has over 4,000 investors and 15 different business units operating in 19 states across India and 13 countries globally. While other big jewellery brands like Joy Alukkas and Kalyan Jewellers have fewer stores, Malabar’s model of partnering with local businesses has helped it grow into the giant it is today. #business #businessstory #growth

Kalyan Jewellers Business Update Q1FY25 1) Total Number of Showrooms reached 277 as on 30th June out of which 217 is in India, 36 in Middle East and 24 Candere stores. 2) Company is planning to open its first showroom in the US by Diwali. 3) Opened 13 showrooms in this quarter which operates in FOCO model. 4) In addition to the stores which are already opened in this fiscal year as communicated earlier a number of 130+ stores, company is planning to launch another 40 Kalyan showrooms in India and 30 Candere stores. 5) Consolidated Topline grew 27% YOY. India region witnessed a revenue growth of 29% YOY supported by SSSG of 12%. 6) Middle East region witnessed a revenue growth of 16% YOY driven by SSSG. 7) Despite of having high gold price and volatility management was able to deliver a sales growth of 27% which is remarkable.

India’s leading lab-grown diamond jewelry brand, Jewelbox, has expanded its retail presence with the opening of a new store in Gurugram. Following successful launches in Delhi, Chennai, Kolkata, and Guwahati, this marks a key milestone in the company’s efforts to strengthen its footprint across India’s retail market. #retail #market #business #news #update #jewelry Read more: https://lnkd.in/g8TmCAPg

What should be more important in a buying decision? The Quality itself, or from where you buy ? Here are a few factors that might affect customers' preferences: Cultural and Regional Significance: Traditional Regions: People may prefer garments from regions known for their textile heritage, like Kanchipuram for silk saris, Varanasi for Banarasi saris, or Jaipur for hand-painted dupattas. These regions have a long-standing tradition of quality and craftsmanship. Local Artisans: Buying directly from local artisans or their workshops can be seen as supporting traditional craftsmanship and ensuring authenticity. Brand and Reputation Renowned Brands: Established brands or designers often command a premium due to their reputation for quality and design. Their pieces might be valued not just for their artistry but for their brand’s prestige. Celebrity Endorsements: If a garment is associated with a well-known figure or has been featured in fashion shows or media, it might be perceived as more desirable. Support for Artisans: Purchasing from smaller, independent artisans can be seen as a way to support traditional skills and contribute to the livelihood of craftsmen and craftswomen. In essence, while quality is crucial, the origin of a hand-painted dupatta or sari often plays a significant role in determining its appeal and value. When making a buying decision, both quality and the source (where you buy from) are important, but their significance can vary depending on individual preferences and values. #culturebuying #supportforartisans #madhubanipainting

Sunday Story: Camp Jodhpur The Price of Perception: Luxury vs. Value In 2007, I found myself in a corporate bidding frenzy for DDA commercial plots. During a breakfast meeting filled with strategy and caffeine, one of my colleagues asked to borrow my pen. Eager to help, I handed over my trusty Cross pen, expecting a grateful nod. Instead, he raised an eyebrow and returned it, saying he only needed a hotel room pen. I laughed it off and fetched one from the reception, wondering if my pen was more of a trophy than a tool. He smiled and quipped, “I don’t possess anything for which you become possessive.” Those simple words hit home like a well-aimed dart—a reminder that true value often lies beyond the price tag. Fast forward to last week in Mumbai for a business conference where I encountered a gentleman clutching a leather bag like it was his long-lost loved one. The bag had minimal utility, but its show value was through the roof. It was as if he believed that holding it would automatically elevate his status—like wearing a crown without a kingdom. Then there was my friend who a few years ago glowed with happiness over a Burberry bag gifted to him. His excitement was palpable, but I felt a pang of awkwardness, considering my heartfelt gifts of books. Living in Punjab, I have witnessed a peculiar phenomenon: many Punjabis live a royal lifestyle, often regardless of their means. It seems many are willing to sell land and assets to acquire non-essential items that scream status—like luxury cars , fancy clothes and designer watches. In contrast, communities like the Marwaris and Gujaratis prioritize value over flash. I firmly believe that personality isn’t defined by a lavish lifestyle. It’s shaped by intelligence, communication, commitment, self-confidence, and respect for others. Think of Narayan Murthy, Ratan Tata, and Azim Premji—these titans would still be revered as great businessmen, even if they donned simple clothes and drove locally made cars. In the end, it’s not about what you own, but how you live that truly defines you. #LuxuryVsValue #Perception #Leadership #PersonalDevelopment #ValueOverLuxury #MindsetMatters #BusinessInsights #Wealth #CommunityValues

Discover Mandot Prime, where every meticulously crafted detail ensures your lifetime investment in unparalleled luxury and enduring value. Secure your legacy with homes that redefine timeless elegance. #MandotInfra #UrbanLiving #Shobhagpura #CraftingElevatesSpace #BuildingTrust #LuxuryLiving #DreamSanctuary #Udaipur #Rajasthan #ModernLiving #NaturalSerenity #UdaipurRealEstate #LuxuryHomes #udaipurtimes #udaipurblog #udaipurnews

Wedding season to boost Indore’s garment sector 1) The wedding season is seen cheering the garment industry of Indore, a hub for more than 1,500 small and medium sized manufacturers, as order books have expanded amid surge in demand from the retail segment. 2) The wedding period is poised to generate substantial business for the ready-made garment and clothing market amid robust demand from outstation markets like Rajasthan, Uttar Pradesh, Maharashtra and southern states.

Wedding season to boost Indore’s garment sector 1) The wedding season is seen cheering the garment industry of Indore, a hub for more than 1,500 small and medium sized manufacturers, as order books have expanded amid surge in demand from the retail segment. 2) The wedding period is poised to generate substantial business for the ready-made garment and clothing market amid robust demand from outstation markets like Rajasthan, Uttar Pradesh, Maharashtra and southern states.

Luxury and limitless returns with Hyderabad One—where every floor takes you higher Visit www.propex.ai or call 8185 800 800 #InvestSmart #HyderabadOne #HyderabadOne #luxuryliving #HighReturns #propexai #HyderabadInvestments #H1 #H1Living #LuxuryLiving #DigitalRealEstate #realestate #realestategoals #realestatemarket #RealEstateMarketplace