Advanced Search

Rajesh Exports Reports Record Sales for the Akshaya Tritiya Festival

Apr 22, 2015 11:16 AM   By Jeff Miller
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... Rajesh Exports Ltd.'s retail brand SHUBH Jewellers posted record sales during the Akshaya Tritiya festival, in response to introducing several new designs, according to a filing on the Bombay Stock Exchange (BSE). The company did not provide hard totals.

Rajesh Mehta, the chairman of Rajesh Exports, told investors that SHUBH has become the "largest gold jewelry retailer in South India" in part due to offering unique merchandise and, secondly, an aggressive expansion strategy.

During the most recent financial period, Rajesh Exports stated that it operates without debt and has grown sales to approximately $5.5 billion annually. SHUBH Jewellers operates 83 retail outlets across India.

Tags: Akshaya Tritiya, Festival, Jeff Miller, jewellers, Jewelry, Rajesh Exports, sales, shubh
Similar Articles
Brilliant Earth Reflections collection July 2022Brilliant Earth Enjoys Sales Bounce
Aug 14, 2022
Revenue rose strongly at Brilliant Earth in the second quarter as the US retailer expanded its online-offline model
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2022 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.