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Raniwala 1881 Partners with Francorp to Scale Retail Footprint Through Franchising

The iconic Jaipur-based jewellery house adopts FOFO and FOCO models to expand across India while preserving its royal heritage and artisanal legacy

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Raniwala 1881, the luxury jewellery brand rooted in Jaipur’s rich heritage, has announced a strategic alliance with Francorp, the franchising advisory arm of Franchise India Group, to fuel its next phase of growth through a structured franchise model.

This partnership marks a significant milestone for the 140-year-old brand as it seeks to expand its retail footprint across India while staying true to its legacy of regal design and meticulous craftsmanship.

Under the agreement, Raniwala 1881 will implement both Franchise-Owned, Franchise-Operated (FOFO) and Franchise-Owned, Company-Operated (FOCO) models. These formats aim to offer opportunities for entrepreneurs and investors to be part of the evolution of one of India’s most prestigious fine jewellery brands.

“Our jewellery is more than just adornment; it is a representation of centuries-old craftsmanship and a deep-rooted heritage,” said Abhishek Raniwala, Managing Director of Raniwala 1881. “With the growing demand for handcrafted Polki and Jadau jewellery, this partnership with Francorp allows us to expand while preserving our brand’s exclusivity.”

Founded in the 19th century by Rai Bahadur Champalal of Beawar, the brand carries a legacy dating back to the British era, when the family was honored with the title “Raniwala.” The brand continues to be a trusted name in bridal jewellery, known for its 18-karat gold Polki pieces that appeal to both Gen Z and Millennial audiences.

Over the years, Raniwala 1881 has also collaborated with some of India’s top fashion designers, including Sabyasachi Mukherjee, Manish Malhotra, and Rahul Mishra, reinforcing its place at the intersection of heritage and high fashion.

The shift toward franchising comes as India’s jewellery market undergoes a transformation, with consumers increasingly gravitating toward branded, story-driven luxury pieces that offer authenticity and traceability.

Francorp will help guide Raniwala 1881’s expansion across metro cities and fast-growing luxury markets, ensuring a consistent retail experience that honors the brand’s heritage.

“Luxury retail is evolving rapidly, and heritage brands like Raniwala 1881 are leading the way in strategic expansion while maintaining timeless elegance and exclusivity,” said Gaurav Marya, Chairman of Franchise India Group. “Franchising provides an effective model to scale without compromising brand integrity. With FOFO and FOCO formats, we’re introducing a new dimension to luxury jewellery retail in India.”

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National News

Gold Prices Slump as Fed Rate Cut Optimism Diminishes

Bullion weakens on MCX as fading U.S. rate-cut hopes and firm crude oil prices trigger selling pressure in gold and silver.

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Gold prices faced significant selling pressure in early Monday trading as shifting macroeconomic signals dampened investor sentiment. On the Multi-Commodity Exchange (MCX), gold futures dropped over 1% earlier today, driven by fading expectations for Federal Reserve interest rate cuts and the inflationary impact of crude oil sustained above $100 per barrel.

Market Performance Highlights

In early trade, precious metals showed the following movements on the MCX:

  • Gold (April Futures): Trading at Rs 1,57,275 per 10 grams (down 0.75%), recovering slightly from a session low of Rs 1,56,655.
  • Silver (May Futures): Trading at Rs 2,56,190 per kg (down 1.25%), up from a daily low of Rs 2,55,106.

Domestic Retail Prices

The correction in the futures market has trickled down to physical retail rates across major Indian metros. The price for 24K gold saw an average dip of Rs 49 in early trade.

  • 22K Gold (per 10g): Rs 1,45,900
  • 22K Gold (per 10g): Rs 1,46,020
  • 22K Gold (per 10g): Rs 1,47,590

Key Market Drivers

The current volatility is attributed to two primary factors:

  1. Hawkish Fed Outlook: Robust economic data has led markets to price in a “higher-for-longer” interest rate environment, reducing the appeal of non-yielding assets like gold.
  2. Energy Pressure: With crude oil prices holding firm above $100, concerns over persistent inflation are complicating the central bank’s path toward monetary easing.

Despite the intraday decline, gold remains a focal point for investors navigating ongoing geopolitical tensions and global currency fluctuations.

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