Gitanjali Group has signed an agreement with Emonte for selling Italian luxury pen brand - Visconti through its retail jewellery stores across the country on an exclusive basis. With this new partnership, Gitanjali Group has taken a step forward in the sphere of luxury lifestyle retailing, where the company is already offering consumers high-end Italian jewellery and watch brands.
The first phase of Visconti pens will be available at 108 outlets of the Gitanjali Group by the end of July 2011. The Group will also retail Visconti pens through all the 600 plus jewellery stores across the country. Emonte have the exclusive marketing and distribution rights for 'Visconti' in the markets of India and South East Asia.
Founded as a single company cutting and polishing diamonds for the jewellery trade at Surat, Gujarat, in 1966, the Gitanjali Group became, many times over, a pioneer among major diamond and jewellery houses. Gitanjali Gems, the leading branded jewellery company in India reported net sales of Rs 9,456 crore for the year ended 31st March, 2011, as compared to Rs. 6,527 crore in corresponding fiscal year, registering a growth of 44.9%.
| Company Name | CMP |
|---|---|
| Titan Co | 4456.25 |
| Kalyan Jewell.India | 415.00 |
| Rajesh Exports | 122.80 |
| Senco Gold | 332.25 |
| Thangamayil Jeweller | 4191.90 |
| View more.. | |
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