TBZ-The Original wins India’s Retail Champions award from Retail Association of India

retailj
By retailj March 22, 2019 12:50 Updated

TBZ-The Original wins India’s Retail Champions award from Retail Association of India

In today’s digital age, retail reach and experience can make or break brands! TBZ – The Original is a brand that realized the power of retailing long back with path – breaking innovations and first-mover leadership initiatives since decades . The same has been recognized at congregation of Indian retail industry stalwarts and global retail experts at the Retail Leadership Summit 2019 (RLS 2019), where TBZ – The Original won the “India’s Retail Champions” Award organized by the Retail Association of India (RAI).

TBZ – The Original was the only jewellery brand to be featured in the list of first amongst equals including traditional & new-age brands alike.

Raashi Zaveri, Whole -Time Director, Tribhovandas Bhimji Zaveri Ltd., said, “Retail poised for a paradigm shift at the cusp of reinvention thanks to technology and consumer expectations. TBZ – The Original has always been ahead of the curve in terms of retail innovation, supply-chain efficiencies and customer experience enhancement. The esteemed jury of RAI judged us as the winner giving us high scores on key parameters such as business economics, growth and expansion, brand impact, innovativeness and adaptability. We are happy and privileged that our constant endeavor has now been recognized and granted best-in-class status by the premier body of retailers.”


TBZ – The Original has charted strategic expansion plan to increase retail footprint. Its growth strategy has been to increase footprint through different store formats and widen reach across Tier 2 and Tier 3 cities. It also continues to invest judiciously in marketing and brand building as it increases presence across the country. The compelling part of TBZ’s retail strategy is that every store displays the best of local, regional, national and international designs that entice and attract customers as well as inspire loyalty across generations.

TBZ-The Original has been delivering value to customers by offering exceptional designs , quality and customer service across gold and diamond jewellery, increasing customer base across segments such as wedding shoppers to new millennials and fashion shopper along with delivering a superior business model to shareholders by continuously evolv ing and taking TBZ – The Original across India. Its products are both a fashion statement and an investment. It has been delivering value (and trust) for over 154 years. TBZ – The Original resonates with trust that is nurtured for over five generations. Its lasting legacy in the jewellery business has earned us the reputation of being the “jeweler” whom India trusts.

Shares of TRIBHOVANDAS BHIMJI ZAVERI LTD. was last trading in BSE at Rs.57.1 as compared to the previous close of Rs. 56.6. The total number of shares traded during the day was 3659 in over 43 trades.

The stock hit an intraday high of Rs. 58 and intraday low of 57.1. The net turnover during the day was Rs. 210536.

Source: Equity Bulls

retailj
By retailj March 22, 2019 12:50 Updated
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