Rapaport News




Advanced search
Latest Articles
Rough Markets
Polished Markets

TBZ Opens Showroom in Raipur

Location marks company's 24th store.
Feb 28, 2013 11:53 AM   By Jeff Miller
Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... Tribhovandas Bhimji Zaveri (TBZ) of Mumbai will open its first showroom in Chhattisgarh, specifically a 2,900-square-foot store in Raipur  at Prem Store on Malviya Road. TBZ stated that its opening of TBZ-The Original was timed to provide shoppers with a new bridal collection during the Holi festival and pre-wedding buying season. This location marks the company's 24th store.

TBZ-The Original in Raipur will feature an elegant interior with ergonomic displays, comfortable chairs and ambient lighting, according to the retailer. The company has opened 10 new stores in recent months across Pune, Mumbai, Vadodara, Kolkata, Vapi, Bhavnagar, Vasai, Nagpur and Aurangabad. 

This past April, TBZ raised approximately $36 million (INR 2 billion) through an initial public offering (IPO) to fund its expansion and provide incremental working capital requirements. The company plans to open 43 showrooms by the end of the 2015 fiscal year.

Tags: India, Jeff Miller, showroom, TBZ
Similar Articles
Kay Jewelers SignetSignet Sees Surge in Holiday E-Commerce Sales
Jan 14, 2021
Signet Jewelers reported a positive holiday season as soaring online sales...
Pandora Flags Concerns as More Stores Shut
New Book Reports Favorable Forecast for Luxury
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First

Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
twitter twitter
About Rapaport
Advertise with us