Bangalore based, Rajesh Exports promoted Labh Jewellery Retail which is competing heads on with Tanishq is all set to go global by launching upper crest Designer Jewellery.
The company is in talks with various international retailers in Japan, Europe and America. About 700 designs have been exclusively created for this project that is expected to take off in the first quarter of FY08.
Rajesh Mehta also told about his India plans. ‘Shubh’ and ‘Labh’ stores will sell Diamond Jewellery as well. The company will also start manufacturing foreign brands to market locally. It is in sourcing brands such as Fossil, Armani, DKNY and Diesel. All these international brands will be sold in India through its third chain of retail stores – OyzterBay. OyzterBay will be the fashion jewellery brand of Rajesh Exports said Mehta.