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Leading watch and jewellery maker Titan is "very bullish" for its watch business, which is expected to touch the USD 1 billion sales mark in the next two years, led by factors such as premiumisation, retail footprint expansion and growth of the international business division, a top company official said. Titan recorded a compounded annual growth rate (CAGR) of about 16 per cent in the last four to five years, and it is focusing on the mid-premium analogue segment (Rs 10,000 to Rs 25,000), and the premium segment (Rs 25,000 to Rs 1 lakh) to drive growth, Titan Watch Division CEO Kuruvilla Markose told PTI. Riding on the premiumisation wave, trend of revival of analogue watches, Titan is expanding the network of its Helios and the new Helios Luxe format as the appetite for luxury watches in India is on the rise, he said, adding, "Premium and luxury segments will grow faster, potentially upwards of 30 per cent." With tailwinds such as a growing economy, rising personal income, and a .
Until two months ago, Cartier's website showed Yanomami children playing in a green field. The French luxury jewellery brand said it was working to promote the culture of the Indigenous people and protect the rainforest where they live, in a vast territory straddling Brazil and Venezuela. But the project that the site described protecting the Amazon never took place. And Cartier published the photo without the approval of Yanomami leadership, violating the beliefs of a people who had been living in almost total isolation until they were contacted by outsiders in the 1970s. Some of the Yanomami and their defenders praise Cartier's promotion of Yanomami causes. However, advertising by one of the world's biggest jewellers with images of an Indigenous people devastated by illegal gold mining has some complaining of greenwashing, a corporation promoting its own image by supporting a cause. How can a gold jewellery company, which we, the Yanomami people, are against, use the image of the