Brands
Jos Alukkas unveils lightweight diamond collection – Oris
Mumbai: Jos Alukkas unveiled Oris, an elegant featherweight diamond collection. The grand unveiling of the Oris collection held in an event in Chennai, where renowned model Rafaella Siqueira introduced the new collection. Jos Alukkas managing directors, Varghese Alukka, Paul J Alukka, and John Alukka attended the event.
The Oris diamond collection takes center stage with its exquisite light as air pendants adding playful elegance to a sparkling ensemble. Meticulously crafted for women’s daily wear, Oris collection features pendants with studs weighing up to one carat. The collection emphasizes on lightness and sophistication aligns seamlessly with a vision to providing women with a graceful and comfortable accessories, suitable for any occasion.
Oris is a brand for today’s women, as it is specially tailored for women, offering a diamond collection crafted for those desiring simplicity in their attire.
“Oris has been launched with the aim of making diamonds accessible to everyone. Jos Alukkas is dedicated to bringing diamonds to a wider audience at affordable prices,”stated chairman Jos Alukka.
Jos Alukkas has previously launched sub-brands like Shubha Mangalyam Bridal Collections, the 18k jewellery collection – Ivy, a jewellery range inspired by Indian culture and traditional art – Parampara, and the Premium diamond collection – Nityara.
Brands
Domino’s Q1 profit falls 6.6 per cent, announces $1 billion buyback
Sales rise 3.4 per cent as pizza giant balances growth and shareholder returns
NEW YORK: Domino’s reported a mixed start to 2026, with first-quarter net income slipping even as global sales and store expansion held steady. The company also announced a fresh $1 billion share buyback, underlining its continued focus on shareholder returns.
Global retail sales rose 3.4 per cent on a constant-currency basis to $4.74 billion. The US remained a key growth engine, with same-store sales inching up 0.9 per cent, supported by a 1.5 per cent rise at company-owned outlets.
International markets, however, painted a more uneven picture. While Domino’s added 161 net new stores overseas during the quarter, international same-store sales declined 0.4 per cent. Overall revenues still climbed 3.5 per cent to $1.15 billion, driven by higher supply chain revenues and a 2.6 per cent increase in food basket pricing for franchisees.
On the profitability front, net income fell 6.6 per cent to $139.8 million, compared to $149.7 million a year earlier. Diluted earnings per share dropped to $4.13 from $4.33. The decline was largely attributed to a $30 million unfavourable swing in unrealised gains linked to its investment in DPC Dash Ltd.
Despite this, operational performance showed resilience. Income from operations rose 9.6 per cent to $230.4 million, supported in part by a $7.8 million pre-tax gain from the sale of a corporate aircraft.
Domino’s footprint continued to expand, with the company ending the quarter at 22,322 stores across more than 90 markets. In the US, digital orders remained dominant, accounting for over 85 per cent of retail sales in 2025.
The company also maintained its dividend payout, declaring $1.99 per share, payable on 30 June 2026. After repurchasing $75.1 million worth of stock during the quarter, the new authorisation lifts the total available for buybacks to $1.29 billion.
Domino’s chief executive officer Russell Weiner said the company’s scale and store-level economics position it well to capture further market share in 2026, even as competition intensifies.
As Domino’s leans into expansion and capital returns, the latest results show a business managing short-term pressures while keeping its long-term growth strategy firmly in play.
