Ethos Limited has informed the Exchange regarding 'Opening of Jacob & Co. boutique at New Delhi'.
ETHOSLTD · price
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Ethos Limited has opened a new exclusive boutique for luxury watch and jewellery brand Jacob & Co. at DLF Emporio, Vasant Kunj, New Delhi. With this addition, the company's total boutique count across India now stands at 90. The company described this as a step to strengthen its luxury brand portfolio and expand its presence in India's high-end retail market. Jacob & Co. is a globally recognised luxury brand, and this store marks an exclusive boutique experience for the brand in Delhi.
This is a positive brand-expansion update that reinforces Ethos's position in India's premium luxury retail segment, though store openings of this nature are incremental and unlikely to move the stock materially on their own.