×
60 609
Fashion Jobs
BLOOMINGDALE'S
Outlet Keyholder Selling, Woodfield - Full Time
Permanent · Schaumburg
ADIDAS
Senior Manager, Partnership Marketing
Permanent · Portland
LEVI'S
sr. Director Human Resources Communications
Permanent · Remote
TAPESTRY
Stock Lead ii
Permanent · New York
BATH & BODY WORKS
Distribution Center Operations Manager - pm Shift - Reynoldsburg, oh
Permanent · Reynoldsburg
SHISEIDO
Planner, Demand Planning
Permanent · New York
MARSHALLS
Loss Prevention Detective
Permanent · Golden
TJ MAXX
lp Detective
Permanent · Pittsburgh
HOMEGOODS
Distribution Center Supervisor
Permanent · Lordstown
TJ MAXX
Distribution Center Loss Prevention Specialist- Weekends
Permanent · Worcester
TJ MAXX
Loss Prevention Detective
Permanent · Carlisle
HOMEGOODS
Loss Prevention Detective
Permanent · San Jose
MARSHALLS
Loss Prevention Detective
Permanent · Wyoming
TJ MAXX
Loss Prevention Customer Service Associate
Permanent · Somersworth
MARSHALLS
Loss Prevention Detective-Milwaukee
Permanent · Milwaukee
HOMEGOODS
Loss Prevention Customer Service Associate
Permanent · San Carlos
TJX COMPANIES
Senior Product Manager - Global Buying Tools
Permanent · Marlborough
MARSHALLS
Operations Supervisor Distribution Center
Permanent · Decatur
MARSHALLS
Retail Loss Prevention Detective
Permanent · Niagara Falls
MARSHALLS
Loss Prevention Customer Service Associate Part Time
Permanent · Houston
TJ MAXX
lp Detective - Store 62, Hartsdale, ny
Permanent · Hartsdale
MARSHALLS
Retail Loss Prevention Detective
Permanent · Greece
By
Reuters
Published
Oct 13, 2009
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Four Gitanjali gems brands valued at Rs 1,502 cr

By
Reuters
Published
Oct 13, 2009

By Sarimul Islam Choudhury (VCCircle.com)

Company believes that the exercise will help it ascertain the value that can be unlocked from its existing brands.


Jewellery from Gitanjali Gems - Photo: www.gitanjaligroup.com

Jewellery major Gitanjali Gems has announced the brand valuation of four of its leading brands at Rs 1,502 crore. The brands include Gili, Asmi, Nakshatra and D’Damas.

Gitanjali Gems chairman and managing director Mehul Choksi says, the exercise will help the company ascertain the value that can be unlocked from its existing brands. It also plans to achieve synergies among various brands in its portfolio. The other brands under the Gitanjali umbrella include Giantti, Sangini, Maya Gold, Gold Expressions, Collection G and Diya.

“The company is looking at multiplying the value by 1.5 to 2 times by 2011-12,” it said in a statement. UK-based firm Brand Finance conducted the valuation exercise.

Choksi says, the group is looking at using the value contributions of these brands as a benchmark for investments and strategy focus.

Last week, the company bought Alliance Jewellers Pvt Ltd, a Lebanese jeweller, through its wholly owned subsidiary Brightest Circle Jewellery Pvt Ltd.

The company posted Rs 5088.88 crore revenue in 2008-09 fiscal as compared to Rs 4831.74 crore last year. Net profit was Rs 150.58 crore against Rs 160.69 crore.

© Thomson Reuters 2021 All rights reserved.