Stock Report

Rajesh Exports extends its retail foray to Srinagar & Patna



Posted On : 2006-10-20 01:53:26( TIMEZONE : IST )

Rajesh Exports extends its retail foray to Srinagar & Patna

Rajesh Exports Ltd has announced that the Company launches two more retail jewellery showrooms under the brand of "LAABH JEWELLERS" - The Complete Jeweller in the cities of Srinagar and Patna. With this launch the Company extends its retail foray to fourteen "LAABH" showrooms.

The Company already has marked its retail presence in the states of Gujarat, Delhi, Jammu and Kashmir, Punjab, Andhra Pradesh, Orissa, Madhya Pradesh, Uttar Pradesh and now in the state of Bihar. With this, the Company has been able to successfully complete the launch of fourteen "LAABH" showrooms in a short span of seventeen days. Reviews show that the launch of the first fourteen showrooms have been tremendously welcomed by people and the absolute exclusivity of designs have in turn begun to create a positive association in the minds of consumers with the brand "LAABH". Further, the Company plans to continue its multidimensional growth in order to prove its credibility and presence countrywide.

The Company is the largest gold jewellery manufacturer in the world, and the country's largest exporter of gold jewellery. With a presence in four continents, it has also built one of the world’s largest wholesale jewellery distribution networks. The Company’s manufacturing facility at Bangalore which is the world’s largest jewellery manufacturing facility brings together state of the art technology with fine Indian craftsmanship.

The Company has launched its retail showrooms under the brand name of "LAABH JEWELLERS". Laabh is positioned as a complete jeweller and a value for money and design destination for gold jewellery. With this launch, the Company has been able to position itself as the single largest filly integrated gold jewellery Company in the world.

With the retail foray, the Company is confident of a very positive impact on its profitability due to the higher profit margins in retailing. The Company would be expanding its retail presence very aggressively across the country.

The showrooms in Srinagar and Patna are located at:

- SRINAGAR: Hari Singh High Street, Srinagar, Kashmir.
- PATNA: New Dak Bungalow Road, Patna.

Source : Equity Bulls

Keywords