×
7 946
Fashion Jobs
EVERLAST GYMS
Assistant General Manager - Everlast Fitness
Permanent · ST HELENS
HOUSE OF FRASER
Loss Prevention Supervisor - House of Fraser
Permanent · READING
HOUSE OF FRASER
Loss Prevention Supervisor - House of Fraser
Permanent · DARTFORD
SPORTS DIRECT
Front of House Security
Permanent · LONDON
SPORTS DIRECT
Loss Prevention Supervisor
Permanent · LONDON
SPORTS DIRECT
Loss Prevention Supervisor
Permanent · LEICESTER
GAME
Assistant Trade Marketing Manager
Permanent · BASINGSTOKE
SPORTS DIRECT
Loss Prevention Supervisor
Permanent · BROMLEY
FRASERS GROUP
HR Business Partner
Permanent · SHIREBROOK
SPORTS DIRECT
Loss Prevention Supervisor
Permanent · LONDON
FRASERS GROUP
Warehouse Supervisor - Evenings
Permanent · SHIREBROOK
FRASERS GROUP
Warehouse Supervisor - Night Shift
Permanent · SHIREBROOK
FRASERS GROUP
Warehouse Supervisor - Days
Permanent · SHIREBROOK
GAME
Ecommerce Trading Specialist - Game
Permanent · BASINGSTOKE
SPORTS DIRECT FITNESS
Assistant General Manager - Everlast Fitness
Permanent · GUILDFORD
FRASERS GROUP
SEO Executive
Permanent · LONDON
EVERLAST GYMS
Assistant General Manager - Everlast Fitness
Permanent · LONDONDERRY
EVERLAST GYMS
General Manager - Everlast Gyms
Permanent · BARROW-IN-FURNESS
FRASERS GROUP
Marketing Manager Premium
Permanent · LONDON
FRASERS GROUP
Risk And Compliance Analyst
Permanent · SHIREBROOK
FRASERS GROUP
Social Content And Video Editor
Permanent · LONDON
SPORTS DIRECT
Loss Prevention Supervisor
Permanent · LONDON
By
Reuters
Published
Oct 13, 2009
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Four Gitanjali gems brands valued at Rs 1,502 cr

By
Reuters
Published
Oct 13, 2009

By Sarimul Islam Choudhury (VCCircle.com)

Company believes that the exercise will help it ascertain the value that can be unlocked from its existing brands.


Jewellery from Gitanjali Gems - Photo: www.gitanjaligroup.com

Jewellery major Gitanjali Gems has announced the brand valuation of four of its leading brands at Rs 1,502 crore. The brands include Gili, Asmi, Nakshatra and D’Damas.

Gitanjali Gems chairman and managing director Mehul Choksi says, the exercise will help the company ascertain the value that can be unlocked from its existing brands. It also plans to achieve synergies among various brands in its portfolio. The other brands under the Gitanjali umbrella include Giantti, Sangini, Maya Gold, Gold Expressions, Collection G and Diya.

“The company is looking at multiplying the value by 1.5 to 2 times by 2011-12,” it said in a statement. UK-based firm Brand Finance conducted the valuation exercise.

Choksi says, the group is looking at using the value contributions of these brands as a benchmark for investments and strategy focus.

Last week, the company bought Alliance Jewellers Pvt Ltd, a Lebanese jeweller, through its wholly owned subsidiary Brightest Circle Jewellery Pvt Ltd.

The company posted Rs 5088.88 crore revenue in 2008-09 fiscal as compared to Rs 4831.74 crore last year. Net profit was Rs 150.58 crore against Rs 160.69 crore.

© Thomson Reuters 2022 All rights reserved.