ATLAS Jewellery India Limited announces resignation of Mr Nanda Kumaran Puthezhath
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Melorra founder says offline retail isn t dead, launches three outlets in Delhi
The company plans to launch a few more stores in March in Mumbai and then step up the expansion from April with 30-40 outlets launched across the country by December. January 21, 2021 / 09:57 PM IST
1. Atlas Jewellery India | Return in December 2017: 44.51% | 2016: 23.74% | 2015: 20.66% | Atlas offers a wide range of choice in fashionable jewellery coupled with high standards of purity and service.
Unperturbed by the decline in footfalls of consumers in malls and high streets, Symphony Asia-backed jewellery brand Melorra plans to launch 350 outlets by 2026 with a total investment of $50 million.
The company on January 21 launched three of them in Delhi besides one in Bangalore last month. It plans to launch at least a couple more in March in Mumbai and then step up the expansion from April with 30-40 outlets launched across the country by December.