I Cannot Tell You A Number Immediately

Indians' fascination with jewellery will aid margins Despite seeing a fall in assets, rk sharma, http://www.snowisechatel.co.uk/ chief running officer, pc jewellers says you can actually margins won't take a hit as customers continue to buy jewellery. Chatting with cnbc tv18 on his outlook for the jewellery business, sharma says we have seen a shift in demand from gold to diamond jewellery now. Queen:Could you tell us historically how much does the diwali season contribute to your sales and these times because the consumer sentiment is weak what is your expectation from sales on account before and after diwali? A very:As far as the jewellery industry is worried, the better half is always better.Diwali onward there are wedding season also, so best portion of the sales comes in diwali and after the diwali period. This year precise Pandora Charms UK factors that affected the investment buying.Furthermore, they have a shift from gold to diamond jewellery. Queen:Would you say that that would lead to good growth for you in the second half of this year when than the first half of this year? The particular:I cannot tell you a number immediately, but almost 60 percent http://www.snowisechatel.co.uk/ of the total turnover comes in other half and diwali and wedding season is the days when jewellers get business. Queen:What is your expectation of sales growth for the complete year? An:That is around 25 percent. Queen:Given the demand has been on the weaker side are you expecting some margin pressure for the complete year? A functional:Not a chance.We have a pressure on investment buying, not on jewellery buying and there's a a shift on diamond jewellery from gold jewellery, so margins will not depress.We would be best man same margins.