Limelight Diamonds Targets 200 Stores by 2027 After Tripling Sales
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Limelight Diamonds plans to expand to 200 stores by 2027 after tripling sales.
- ✓The retailer recently crossed the 100-store milestone, driven by rising demand for lab-grown diamonds across metros and smaller cities.
- ✓Founder Pooja Sheth said, "We doubled our stores in terms of numbers, but we tripled our sales this year."
Story at a Glance
- Category
- BUSINESS
- Reported By
- cnbctv18
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Limelight Diamonds plans to expand to 200 stores by 2027 after tripling sales and crossing the 100-store milestone, driven by rising demand for lab-grown diamonds across metros and Tier-2 and Tier-3 cities.
Lab-grown diamond retailer Limelight Diamonds plans to expand its retail network to 200 stores by 2027 after tripling sales over the past year, Founder and Managing Director Pooja Sheth said, citing strong demand across metros as well as Tier-2 and Tier-3 cities.
The company recently crossed the 100-store milestone and expects rising consumer acceptance of lab-grown diamonds to support its next phase of expansion. Sheth said the company had doubled its store count over the past year while sales grew at an even faster pace, reflecting increasing adoption across age groups and geographies.
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