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Kalyan Jewellers was established by T. S. Kalyanaraman, leveraging his family's experience in the textile and retail industries. The first store opened in Thrissur, Kerala in 1993. Following the success of the initial store, Kalyanaraman's sons, Rajesh Kalyanaraman and Ramesh Kalyanaraman, joined the family business.
He started his first jewellery shop named Kalyan Jewellers in Thrissur City in 1993 with a capital of ₹50,00,000. Later, he expanded the business to 32 showrooms all over South India . In 2024, Forbes magazine's latest annual tally of billionaires has listed Kalyanaraman in 622th position with a net worth of US$5.4 billion .
Kalyan Group is a holding company for the brands of Kalyan Silks, Kalyan Jewellers, Kalyan Developers, Kalyan Sarees and Kalyan Collections. [1] It is headquartered in Thrissur , Kerala , India. History
In February 2014, Signet Jewelers Ltd. agreed to buy Zale Corporation, with Zale shareholders receiving USD$21 a share in cash in USD$1.4 billion deal. [10] This merger created a $6.2 billion firm. [10] In July 2017, Virginia Drosos was appointed CEO of Signet Jewelers Ltd., replacing Mark Light, who had served as CEO since October 2014. [11]
Kalyan Sarees was founded in 1992 by T. S. Ramachandran, [2] [3] the grandson of T. S. Kalyanarama Iyer who founded Kalyan in 1909. [4] [5] First showroom was opened in Thrissur, followed by showrooms in Coimbatore, Kannur, Thiruvananthapuram and Kozhikode.
This page was last edited on 19 December 2022, at 14:37 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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