Latest news with #EthosLtd
Fashion Network
21-05-2025
- Business
- Fashion Network
Messika partners with Ethos Ltd to open its first store in India
Messika, a French luxury jewellery brand has partnered with Ethos Ltd to enter the Indian market with the launch of its first store in the national capital, New Delhi. The store located at the Chanakya Mall spread across an area of 68 square meters will showcase the full spectrum of the brand's creations. The boutique showcases Messika's iconic signature Move collection, along with select high jewellery pieces, making their debut to the Indian market. With the opening of this boutique, Messika aims to further strengthen its partnership with Ethos to fuel its growth in the Indian market. Commenting on the launch, Valérie Messika, founder & artistic director of Maison Messika in a statement said, 'Making a debut in India has always been a dream of mine, and the fact that it aligns with the Maison's anniversary makes it all the more special, it truly feels like a dream come true.' Founded in Paris by Valérie Messika, daughter of diamond dealer André Messika, Messika is currently sold in more than 50 countries and has 400 points-of-sale worldwide.
Fashion Network
13-05-2025
- Business
- Fashion Network
Ethos Ltd Q4 net profit rises 8 percent to Rs 23 crore
Luxury watch retailer Ethos Ltd reported an 8 percent increase in net profit to Rs 23 crore ($2.8 million) for the fourth quarter ended March 31, as against Rs 21 crore in the year-ago quarter. The company's revenue rose 23 year-on-year to Rs 311 crore, as compared to Rs 252 in the corresponding quarter of the previous fiscal year. Total expenses for the quarter jumped 23 percent to Rs 286 crore, compared to Rs 233 crore posted in the corresponding quarter last year. For the full financial year, Ethos reported a net profit of Rs 96 crore on a revenue of Rs 1,252 crore. Founded in 2003, Ethos operates over 70 watch boutiques in 23 cities across India. It offers more than 70 premium watch brands, including Rolex, Tissot, Breitling, BVLGARI, Maserati, Corum, Hublot, Rado, Tag Heuer, Armin Strom among many others.
