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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.”

National News

MCX Sees Broad Pullback Across Precious Metals

International Spot Prices Mirrored This Weakness, As COMEX Gold Slipped 0.90% To Approximately $4,401.90 Per Troy Ounce, While Global Spot Gold Dropped $32 To Trade Near $4,393.97 Per Ounce.

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A stronger-than-expected US employment report drove a broad pullback across precious metals markets on Monday, lowering rate-cut expectations and lifting Treasury yields. On the Multi Commodity Exchange (MCX), gold futures for October opened gap-down at Rs 1,52,279 per 10 grams before sliding further to an intraday low of Rs 1,51,850. The December contract similarly lost ground, dropping 0.51% to trade around Rs 1,53,372 per 10 grams across 8,519 lots. Technical analysis indicates that while domestic gold continues to trade above its 50-day EMA, an RSI reading of 47.02 confirms softer momentum.

 Technical levels show immediate support sitting between Rs 1,50,700 and Rs1,50,000 near the 100-day EMA, with secondary support at Rs 1,48,000 to Rs 1,47,300, while resistance remains capped between Rs 1,53,700 and Rs 1,54,000.

Silver tracked the downward trend on the domestic exchange, with December futures opening lower at Rs 2,37,176 per kg and touching an intraday low of Rs 2,36,827 per kg before paring a fraction of those losses. International spot prices mirrored this weakness, as COMEX gold slipped 0.90% to approximately $4,401.90 per troy ounce, while global spot gold dropped $32 to trade near $4,393.97 per ounce.

In the physical spot market, 24-carat gold quoted at Rs 1,54,300 per 10 grams in both Delhi and Mumbai, while Kolkata and Chennai saw slightly lower rates at Rs 1,54,150 per 10 grams. For 22-carat gold, prices stood at Rs 1,41,450 in Delhi, Rs 1,43,600 in Mumbai, and Rs 1,41,300 in Kolkata and Chennai. Physical silver prices held firm at Rs 2,50,000 per kg across Delhi, Mumbai, and Kolkata, while buyers in Chennai paid a higher rate of Rs 2,55,000 per kg.

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