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RJ Market Watch

Buying at JAS gets serious with promising inventory on offer

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As the three day show comes to an end today, The Retail Jeweller did a quick survey to learn about the buyer’s sentiment at the JAS 2021. The retailers who braved the pandemic to make the most of the first B2B show organized in the city, claimed to have spent the first day testing the waters and finding out the variety on offer.

Soon after, buyers got aggressively involved in sourcing inventory and closing transactions. Retailers were happy with the diverse ranges and quality of inventory that would play a big role in lifting jewellery sale in the upcoming season. Besides, Sachin Aggarwal from SS Jewellers, Ambala said, “Everything from execution to affiliated hospitality services by JAS enabled buyers to focus on sourcing important inventory.”

Image Caption: Jewels of Jaipur

Archit Zinzuwadia from Panchratna Jewellers said that the show gave ample buying opportunities for the upcoming season. “The show is less crowded due to constrains of Covid. This made exploring jewellery much more comfortable for our team,” he said.

Hitesh Adesara from Keshavji Chhaganlal Jewellers complemented the stringent check on the profile of visitors at the show. “There were no end customers, designers or workers unlike in previous years, when the JAS show was open for only one day of B2B buying,” he said.

Siddharth Bajaj from Satyam Jewels, New Delhi, is impressed with the quality of designs on offer. “Certain manufacturers have shown great asymmetrical, handcrafted heritage pieces, each of which double up as heirloom jewellery,” Bajaj said, adding that the level of excitement amongst buyers is high.

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Image Caption: Jewels of Jaipur

Rachna Sanghee from Shree Sai Krishna Jewellers, Hyderabad complimented the closeted structure of every booth, which enabled social distancing between people inside and outside booths. Congratulating for the bold initiative amid pandemic, she said, “The only drawback at the show was the lesser number of exhibitors. This put pressure on buyer to make selections from amongst a limited choice,” she said. Buying temple and polki jewellery for her inventory, Sanghee felt that buyers are not taking the risk to expand inventory drastically, but the inventory in exhibit is worth the time.

Image Caption: Jewels of Jaipur

For Sunil Datwani of Gehna Jewellers, the pent-up demand in the bridal segment has led to many retailers buying energetically at the show. “Several brides-to-be have come to our store, so as a retailer, we are buying for the upcoming season and are finding JAS 2021 unexpectedly amazing in terms of inventory quality,” he maintained.

Chandra Surana from Bhuramal Rajmal Surana Legacy notices buoyancy in the mood. “It is an important precursor to the season ahead.  The positivity around the booths and exchanges was needed before the upcoming buying season,” he said.

Image Caption: Jewels of Jaipur

Courtesy: Retail Jeweller India News

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