Fashion jewellery brand Voylla on-boards key hires
HYDERABAD: Fashion jewellery brand Voylla announced the appointment of Tapan Roychoudhury to head its offline retail channel and former finance director of Bata Zambia, Prashant Sharma, as head of finance. Roychoudhury was the former head of retail operations at Sahara Worldwide Ltd. This comes soon after the Jaipur-based jewellery retail brand raised Rs 98 crore (USD 15 million) from Peepul Capital in October.
The Omni-channel brand is looking to add 75 employees by end of 2016 across retail, marketing, technology, manufacturing and merchandising capabilities. "As we get aggressive on our expansion plans, we'll be strengthening our task force at all levels and have fresh and experienced talent join us," said Vishwas Shringi, founder and CEO of Voylla Fashions. The brand currently has an offline presence in Bangalore, Pune and Nagpur in the shop-in-shop format, and plans on expanding the network with the addition of 100 new outlets.
The fashion jewellery market in India is estimated to be Rs 15,000 crore and growing at a rate of 23% CAGR over the next two years. The segment which is largely unorganized has seen the emergence of investor-backed brands such as Pipa Bella, Youshine and others.
Sample Block Quote
Praesent vestibulum congue tellus at fringilla. Curabitur vitae semper sem, eu convallis est. Cras felis nunc commodo loremous convallis vitae interdum non nisl. Maecenas ac est sit amet augue pharetra convallis nec danos.
Sample Paragraph Text
Praesent vestibulum congue tellus at fringilla. Curabitur vitae semper sem, eu convallis est. Cras felis nunc commodo eu convallis vitae interdum non nisl. Maecenas ac est sit amet augue pharetra convallis nec danos dui.
Cras suscipit quam et turpis eleifend vitae malesuada magna congue. Damus id ullamcorper neque. Sed vitae mi a mi pretium aliquet ac sed elitos. Pellentesque nulla eros accumsan quis justo at tincidunt lobortis denimes loremous. Suspendisse vestibulum lectus in lectus volutpat, ut dapibus purus pulvinar. Vestibulum sit amet auctor ipsum.