Sky Gold will start D2C (Direct to Consumer) sales in the USA : vimarsana.com

Sky Gold will start D2C (Direct to Consumer) sales in the USA

Mumbai (Maharashtra) [India], December 20 (ANI/PNN): Sky Gold Limited (BSE: 541967) is engaged in the business of Designing, Manufacturing and Marketing of Gold Jewellery. Has entered the D2C (Direct to Consumer) market in the USA to expand its business. The Company has a tie-up with M/s. Varanium Inc. USA and will introduce its Gold Jewellery Products by launching its own brand in the USA retail market. Speaking on the occasion Mangesh Chauhan, Managing Director and Chief Financial Officer of Sky Gold Limited said - "This is an exciting day for us as we are taking first step towards diversification in Retail Segment. We are introducing our jewellery products by launching our own brand in collaboration with M/s. Varanium Inc. in the USA retail market through D2C channel. There is a substantial demand for light weight jewellery products in the US retail market which will provide a lucrative opportunity to establish our brand." Established in 2008 Sky Gold Limited (The Company), is one of the leading jewellery companies based in Mumbai. The Company has been engaged in the business of Designing, Manufacturing and Marketing of gold jewellery. The Company is specialised in light weight jewellery of 22 Carat gold. The Company manufactures jewellery through casting. The Company make Plan Gold Jewellery, Studded Gold Jewellery and Turkish Jewellery. The Company works on B2B model with leading Jewellery Retailers like Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers, GRT Jewellers and Samco Gold. The Company also works with large wholesalers. With this Sky Gold products are available at more than 2,000 showrooms across India. Sky Gold manufactures its Jewellery in its 25,000 Sq Ft manufacturing facility in Mumbai India with the help of German Equipments. The Company is having capacity of processing 300 Kg Gold per month. The Company has design library of more than 5,00,000 designs of rings, bracelets, bangles, fancy pendants, earrings etc. The Company entered equity markets by SME IPO on BSE SME in October 2018 raising Rs 25.56 Crore at issue price of Rs 180. For FY22, The Company has reported total Revenues of Rs 796.26 crore and Net Profit of Rs 16.92 crore. This story is provided by PNN. ANI will not be responsible in any way for the content of this article. (ANI/PNN)

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Germany , United States , Mumbai , Maharashtra , India , Kalyan , Malabar , Kerala , Turkey , Turkish , German , Mangesh Chauhan , Varanium Inc , Sky Gold Limited , Sky Gold , Gold Jewellery Products , Managing Director , Chief Financial Officer , Gold Limited , Plan Gold Jewellery , Studded Gold Jewellery , Jewellery Retailers , Malabar Gold , Kalyan Jewellers , Mumbai India , Net Profit , Mumbai Maharashtra India , Ecember 20 Ani Pnn Sky Gold Limited Bse 541967 Is Engaged In The Business Of Designing , Anufacturing And Marketing Of Gold Jewellery Has Entered The D2c Direct To Consumer Market In Usa Expand Its Business Company Hasa Tie Up Withms Varanium Inc Will Introduce Products By Launching Own Brand Retail Speaking On Occasion Mangesh Chauhan , Anaging Director And Chief Financial Officer Of Sky Gold Limited Said Quot This Is An Exciting Day For Us As We Are Taking First Step Towards Diversification In Retail Segment Introducing Our Jewellery Products By Launching Own Brand Collaboration Withms Varanium Inc The Usa Market Through D2c Channel There Isa Substantial Demand Light Weight Which Will Providea Lucrative Opportunity To Establish Established 2008 Company , S One Of The Leading Jewellery Companies Based In Mumbai Company Has Been Engaged Business Designing , Anufacturing And Marketing Of Gold Jewellery The Company Is Specialised In Light Weight 22 Carat Manufactures Through Casting Make Plan , Tudded Gold Jewellery And Turkish The Company Works On B2b Model With Leading Retailers Like Malabar Amp Diamonds , Joyalukkas , Rt Jewellers And Samco Gold The Company Also Works With Large Wholesalers This Sky Products Are Available At More Than 2 , 000 Showrooms Across India Sky Gold Manufactures Its Jewellery In 25 , 000 Sq Ft Manufacturing Facility In Mumbai India With The Help Of German Equipments Company Is Having Capacity Processing 300 Kg Gold Per Month Has Design Library More Than 5 , 00 , 000 Designs Of Rings , Bracelets , Angles , Ancy Pendants , Arrings Etc The Company Entered Equity Markets By Sme Ipo On Bse In October 2018 Raising Rs 25 56 Crore At Issue Price Of 180 For Fy22 , He Company Has Reported Total Revenues Of Rs 796 26 Crore And Net Profit 16 92 This Story Is Provided By Pnn Ani Will Not Be Responsible In Any Way For The Content Article ,

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