Classic Diamonds to partner with retail outlets in UAE!

"...Classic Diamonds will market products via 6 retail outlets there. The tie up will supposedly add Rs 80 crore to the topline of the company in FY08. While, the margins are seen at 25-30%. Classic Diamonds current jewellery business accounts for about 25% of revenues. After the tie up, the jewellery business will contribute 40% of revenues..."
Courtesy - moneycontrol.com

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