Titan to open multiple Tanishq stores in Gulf & North America
27 August 2022, Mumbai
Tata Group firm Titan plans to set up around 20-30 stores of its jewelry brand Tanishq in the Gulf and North American markets in the next 2-3 years.
The company will open its first Tanishq store in the US in September. It plans more stores in the North American market and the West Asia region.
Titan Ltd has already opened some stores in the gulf region such as Dubai and is opening a new one in Abu Dhabi. The company also plans to open stores in some other countries in the Middle East, In all, it plans to set up around 20 to 30 stores in the next 2-3 years."
The company may also take some other brands such as Taneira, under which it sells Indian ethnic wear such as saree. For the domestic market, Titan is "positive" about the coming festive season and expects 15-20 percent consolidated sales growth over the previous year.
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