Did not do full research yet, have some basic questions
Why is the studded mix relatively low for the company (vs peers) despite a higher preference for studded jewelry in North and East and the presence of dedicated stores like Everlite that specialize in diamond and lightweight sales?
If the whole Inventory Risk is Transferred to the franchisee owners and they dont hedge their inventory, and if gold prices falls, they will loose the already thin margins that they make, and in this situation, why would any franchisee owner shows interest in the business…?
And also most of the Gold investment schemes offer some discounts to customers for their monthly installments, and management mentioned they dont offer any discounts and they have completely mitigated the price risk? so whats the incentive for the customer to lets say enroll in their Swarna yojana scheme??
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