Caratlane Live News Today : Breaking News, Live Updates & Top Stories | Vimarsana
CaratLane Achieves a Milestone with the Launch of Its 200th Store
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CaratLane s most successful marketing strategy remains the omni-channel strategy
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This Festive Season, Don t Be The Worst Gifter #GiftACaratLane1`
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Gifting, kids jewellery to power CaratLane s growth during festive period
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The company recorded revenue growth of about 117% (excluding bullion sales) in Q1 22, with revenue contribution of approximately 50%, 10% and 40% coming from April, May and June months respectively.
Titan Company said it entered the Q1 quarter with a good sales momentum. However, the sales were hit to a small extent until third week of April 2021, from the rapidly rising second wave of pandemic, primarily due to the temporary store closures in some important states. Thereafter, most stores were shut within a short span of time and could re-open gradually in June 2021 only, with several restrictions on operating hours and days of the week. Sale from stores that stayed open in May 2021 was muted. The company s focus was back on keeping everyone safe and few stores were proactively closed in the highly impacted towns.