Renaissance Jewellery , a global leader in branded jewellery, has reported a significant boost in its Direct-to-Consumer (D2C) sales during the crucial holiday shopping period. The company achieved a remarkable 62.65% year-on-year growth in D2C sales during the five-day Thanksgiving-to-Cyber Monday period, marking a strong start to the holiday season.

Key Highlights

• Sales Growth: 62.65% year-on-year increase in D2C sales
• Period: Five-day Thanksgiving-to-Cyber Monday holiday period
• Total Sales: ₹23.00 crore during the period

Driving Factors

The company's impressive performance can be attributed to several key factors:

1. Increased Customer Acquisition: Renaissance Jewellery successfully attracted more customers to its digital platforms.
2. Improved Conversion Rates: The company saw better conversion of browsing customers into buyers.
3. High Demand for Premium Collections: There was a notable increase in demand for Renaissance Jewellery's premium jewellery offerings.

Strategic Insights

Renaissance Jewellery's strong performance underscores the effectiveness of its digital strategy and product positioning. The company's focus on enhancing customer experience across its digital platforms appears to be paying off, particularly in the competitive holiday shopping season.

Mr. Sumit Shah, Global CEO of Renaissance Jewellery, commented on the performance, stating, "Our exceptional D2C growth reflects the strength of our design-led offerings and the increasing resonance of our products with consumers globally. As shoppers embrace personalized and meaningful gifting, Renaissance continues to deliver high-quality craftsmanship and seamless digital experiences."

Future Outlook

Looking ahead, Renaissance Jewellery remains optimistic about the remainder of the holiday season. The company is focusing on:

• Expanding its product assortment
• Strengthening digital marketing initiatives
• Enhancing omnichannel fulfillment capabilities

These efforts are aimed at supporting continued D2C growth and consolidating Renaissance Jewellery's leadership in the global jewellery space.

About Renaissance Jewellery

Renaissance Jewellery is a global branded jewellery player with a strong presence in key markets including the USA, Canada, UK, and Asia. The company's portfolio includes both owned and licensed brands, with licensing agreements with global brands such as Disney, Hallmark, and NFL. Renaissance operates through both B2B and D2C models, with a growing emphasis on its online presence through multiple D2C websites.

This strong start to the holiday season suggests that Renaissance Jewellery's strategic investments in its D2C capabilities and product innovation are yielding positive results, positioning the company well for the crucial holiday shopping period and beyond.

Renaissance Jewellery Limited, a company listed on both BSE and NSE, has recently expanded its share capital through an employee stock option allotment. Here's a breakdown of the key details:

Stock Option Allotment Details

Impact on Share Capital

The newly allotted shares will rank pari-passu with the existing equity shares of the company, meaning they carry equal rights in all respects, including dividend payments and other entitlements.

ESOP Scheme Insights

The RGLESOP 2021 scheme, approved by shareholders on January 21, 2022, has seen multiple grants:

• Grant 1: 6,25,000 options (some cancelled due to resignations)
• Grant 2: 8,05,000 options (some surrendered)
• Grant 3: 30,000 options (partially cancelled due to resignation)
• Grant 4: 3,59,562 options (all cancelled due to termination)
• Grant 5: 51,000 options granted on June 12, 2025

The company has been actively managing its ESOP program, adjusting for employee departures and new grants, demonstrating its commitment to employee ownership and retention strategies.

This recent allotment underscores Renaissance Global's ongoing efforts to align employee interests with company performance and shareholder value. As the company continues to leverage its ESOP scheme, it may potentially enhance employee engagement and retention, which could contribute to long-term corporate growth and stability.