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KSS forays into jewellery retailing business

03 May 2016 Evaluate

KSS has forayed into the jewellery retailing business under the franchise model. The Digital and entertainment major is looking to open 500 stores under brand ‘Bjewelz’ with a turnover of Rs 6,000 crore in three years.

‘Bjewelz’ Brand is owned by Birla Jewels, a wholly owned subsidiary of KSS. The company also plans to invest Rs 100 crore over the next three years on branding and infrastructure.

KSS (formerly K Sera Sera) is a content production house that brings together a unique combination of film financing, production and distribution. The company has a net worth of more than Rs 240 crore and is listed on the NSE, BSE & Luxemburg Stock Exchange.

 

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