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Giva Opens Its First Airport Jewellery Store at Chennai International Airport

The exclusive store, offering handcrafted silver jewellery, aims to cater to growing demand for premium accessories in travel retail.

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Jewellery brand Giva has inaugurated its first-ever airport store at Chennai International Airport, Terminal 1 Departures, as part of its strategy to expand its retail presence. The exclusive store offers travellers a curated selection of handcrafted silver jewellery, designed to meet the increasing demand for high-end accessories in the travel retail sector.

A representative from Vidvedaa Airports, which partnered with Giva for this launch, remarked, “Chennai International Airport has become a key retail hub, offering a wide array of brands across fashion, beauty, lifestyle, and accessories. We are excited to welcome Giva, further enhancing the shopping experience for travellers.”

Vidvedaa Airports, the authorized master concessionaire for both domestic and international terminals at Chennai Airport, plays a vital role in facilitating retail expansion by offering brands prime, high-traffic locations along with operational support. The addition of Giva to the airport’s retail lineup is in line with Vidvedaa’s strategy to diversify the retail offerings at the airport.

Commenting on the opportunity, a representative from Vidvedaa Airports added, “Airport retail presents a unique chance to engage with consumers in a dynamic environment. Our goal is to continually expand our offerings and ensure Chennai Airport remains a premier shopping destination.”

As airports in India continue to emerge as significant retail destinations, there is an increasing demand for jewellery, fashion, and lifestyle products. With this new store, Giva aims to further strengthen its presence in high-visibility locations, tapping into the growing travel retail market.

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National News

MCX Gold, Silver Move North On June US Employment Report

MCX Gold Futures Reclaimed the ₹1.48 lakh Mark

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MCX Gold Futures reclaimed the Rs 1.48 lakh mark, hitting an intraday high of Rs 1,48,046 per 10 grams before stabilizing around Rs 1,47,845 (up 1.43%). Spot Gold (Global) surged by 1.5% to trade at $4,185 per ounce, rapidly closing in on the $4,200 level.

MCX Silver Futures zoomed up by Rs 4,457 or 1.91% to trade near Rs 2,37,761 per kg, after touching an intraday high of Rs 2,38,216 per kg. Spot Silver (Global) climbed more than 2.3% to trade comfortably above $62 per ounce.

The primary catalyst behind the bullish reversal was the June US employment report, which indicated a cooling US economy.

Nonfarm Payrolls: The US added just 57,000 jobs in June—the lowest hiring momentum in four months—well below the market expectation of 110,000 jobs.

Unemployment Rate: The rate edged down from 4.3% to 4.2%. However, economists noted that the decline was largely due to a weaker labour force participation rate, which fell to 61.5%, rather than stronger hiring activity.

Sectoral Shifts: Professional and business services (+36,000) and healthcare (+22,000) led job gains, while the leisure and hospitality sector recorded a sharp decline of 61,000 jobs.

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