Renaissance Global Reports 63% Increase in D2C Sales to ₹23 Crore
Filing Summary
Renaissance Global Ltd announced a 63% year-on-year increase in its Direct-to-Consumer (D2C) sales, reaching ₹23 crore during the festive period from Thanksgiving to Cyber Monday. This growth reflects the company’s focus on digital platforms and customer experience. The company attributes this performance to increased customer acquisition and demand for premium jewellery collections. Renaissance Global Ltd continues to expand its product offerings and digital marketing efforts to support further growth. The company operates in key markets such as the USA, Canada, UK, and Asia, with a strong portfolio of licensed and owned brands.
Renaissance Global Ltd has reported a 63% year-on-year increase in its Direct-to-Consumer (D2C) sales, reaching ₹23 crore during the festive period from Thanksgiving to Cyber Monday. This update was provided to the BSE and NSE as part of the company’s ongoing communication with investors.
The financial performance during this period highlights the company’s focus on enhancing its digital platforms and customer experience. The D2C sales growth is attributed to increased customer acquisition and a rise in demand for premium jewellery collections. The company has emphasized its commitment to expanding its product assortment and strengthening digital marketing initiatives to support continued growth in the D2C segment.
Renaissance Global Ltd operates a diverse portfolio of brands, including both licensed and owned segments. The company holds licensing agreements with global brands such as Disney, Hallmark, and NFL. Under its owned segment, it manages brands like Irasva, Jewelili, and Everyday Elegance. The company has been actively expanding its branded product portfolio, supported by strong design and manufacturing capabilities. Since 2020, Renaissance has launched online stores through six D2C websites to market and supply its licensed and owned brands.
The company operates in key markets, including the USA, Canada, UK, and Asia, focusing on branded jewellery. The company’s strategy involves leveraging its design-led offerings and enhancing its omni-channel capabilities to meet consumer demand. The recent sales performance reflects the company’s efforts in these areas.
The festive sales period from Thanksgiving to Cyber Monday served as a significant milestone for Renaissance Global Ltd, marking a strong start to the holiday season. The company continues to focus on expanding its product offerings and enhancing its digital marketing efforts to support further growth in the D2C segment.
Renaissance Global Ltd is a global branded jewellery player, designing, manufacturing, and supplying branded jewellery across key markets. The company focuses on expanding its branded product portfolio and enhancing its digital and omni-channel capabilities to meet consumer demand. Renaissance Global Ltd operates through both B2B and D2C models, with a strong emphasis on its branded jewellery division.