Jewellers’ strong Q2 growth masks a continued drop in gold volumes
The company also sees gold exchange as an important tool to sustain purchases. “One is the whole gold exchange programme, which is a huge lever, and as you are aware, we have been at it for the last one year, and that is something that is giving us good results,” Arun Narayan, chief executive of Titan’s jewellery division, said on 5 November. Narayan said the retailer’s role was to offer customers a choice. “It is a long-term strategic decision we have taken, and we would like to stick with it,” he added.
