Goldium Intl ties up with Globus for jewellery retail

New Delhi, Sep 7 (UNI) Mumbai-based jewellery manufacturer Goldiam International Ltd has signed a deal with Globus Stores to set up retail outlets in Mumbai, Bangalore, Delhi and Chennai, for sale of sterling silver fashion jewellery.

The outlets, which will be fully operational by October 20, 2006 will sell the jewellery under the brand name 'Ola'.

The company has also tied up with Fame Adlabs Theatres for retailing at City Mall in Andheri, Inorbit Mall in Malad and Raghuleela Mall in Kandivali. These retail outlets will be operational by September 15, 2006.

With 54 million dollars of turnover, Goldiam's product line includes 7000 designs in in rings, ear rings, pendants, bracelets, bangles and necklaces. About 70 per cent of its annual production is exported to the American market.

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