The necklace is featured in the brand’s “Rebel Heart” campaign starring Adam Levine and Behati Prinsloo.
Samuels Jewelers to roll out ‘bricks-and-clicks’
Gitanjali Group-owned chain Samuels Jewelers remains focused on U.S. market growth, with an eye toward strengthening its online presence specifically.
Mumbai--Gitanjali Group-owned chain Samuels Jewelers remains focused on U.S. market growth, with an eye toward strengthening its online presence specifically.
In announcing its results for the quarter and half-year ended Sept. 30, the Mumbai-based retailer and manufacturer said it would be rolling out a bricks-and-clicks model in the United States and the United Arab Emirates within the next six months.
While Gitanjali USA did not respond to a request for more details on the model, “bricks-and-clicks” refers to a company that integrates its stores and Internet operations, allowing the customers to move seamlessly between the two by, for example, being able to order an item online and pick it up or return it in the store. This also is known as omnichannel retailing.
In addition, Gitanjali said it plans to increase sales in the U.S. market by more than 20 percent in the coming year through its retail chain, which said it now ranks as the fourth-largest specialty retailer in the United States.
Globally, Mumbai-based Gitanjali, which is both a manufacturer and a retailer, reported that sales fell 34 percent in the first six months of the year as it transitioned from selling mostly gold to more “studded” (gemstone) jewelry.
While sales fell, the transition boosted both gross margin, which increased from 15.9 percent to 19.1 percent, and net profit, which climbed 61 percent year-over-year.
“In the first half of financial year 2015, Gitanjali has completely realigned its business to focus more on the studded jewelry segment and on the international geographies. Our foray into the affordable jewelry segment has also (brought) us tremendous success,” Chairman and Managing Director Mehul Choksi said.
“We understand the evolving consumer and as part of our innovative strategies, we are increasing our online presence through strategic alliances, and we are also exploring innovative channels for sales to cater to the impulse buying behavior of consumers.”
The Latest
The two organizations will host a joint event, “Converge,” in September 2025.
Big changes appear to be on the horizon for the diamond miner and its parent company, Anglo American.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
Padis succeeds Lisa Bridge, marking the first time the organization has had two women board presidents in a row.
Jesse Cole, founder of Fans First Entertainment, shared the “five Es” of building a fan base during his AGS Conclave keynote.
The Royal Oak Perpetual Calendar "John Mayer" was celebrated at a star-studded party in LA last week.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
The announcement came as the company reported a 23 percent drop in production in Q1.
The three-time Pro Bowler continues to partner with the retailer, donating to a Detroit nonprofit and giving watches to fans.
A double-digit drop in the number of in-store crimes was offset by a jump in off-premises attacks, JSA’s 2023 crime report shows.
Inspired by the Roman goddess of love, the designer looked to the sea for her new collection.
The luxury titan posted declining sales, weighed down by Gucci’s poor performance.
The selected nine organizations have outlined their plans for the funds.
The mining company’s Diavik Diamond Mine lost four employees in a plane crash in January.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
Emmanuel Raheb recommends digging into demographic data, customizing your store’s communications, and retargeting ahead of May 12.
Located in the town of Queensbury, it features a dedicated bridal section and a Gabriel & Co. store-in-store.
A 203-carat diamond from the alluvial mine in Angola achieved the highest price.
Ruser was known for his figural jewelry with freshwater pearls and for his celebrity clientele.
The “Rebel Heart” campaign embodies rebellion, romance, and sensuality, the brand said.
Editor-in-Chief Michelle Graff shares the standout moments from the education sessions she attended in Austin last week.
The overhaul includes a new logo and enhanced digital marketplace.
The money will go toward supporting ongoing research and aftercare programs for childhood cancer survivors.
A new addition to the “Heirloom” collection, this one-of-a-kind piece features 32 custom-cut gemstones.
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The move will allow the manufacturing company to offer a more “diverse and comprehensive” range of products.