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canada goose uk shop At a time when experts fear that the COVID 19 pandemic may trigger a shift in consumer behaviour in the way how they spend, Titan Company, being at the extreme end of discretionary consumption, has a lot to fight against.The company on June 8 reported a 21 percent year on year growth in standalone profit due to strong operating performance and low base in the year ago period.Jhunjhunwala and his wife together held 4,90,50,970, or 5.53 percent, shares of Titan at the end of March quarter, against 5,93,76,220, or 6.69 percent, shares that they held at the end of December 2019 quarter.Management remains positive amid challengesThe impact of COVID 19 on Titan’s business is expected to remain for a longer time. In a conference call, the management of the company hinted that the firm will emerge stronger and consumer’s trust in the brand will remain intact.They highlighted a significant focus on cost savings across rentals, ad spends and fixed costs and also reduction in working capital.The management also sees a strong opportunity for growth in jewellery, watches and eyewear purely on account of their strong customer outreach programs and the overarching trust on Titan and Tata brand in these uncertain times.As per media reports, after being shut for all of April, more than 1,400 out of the 1,800 stores of Titan have now opened.Among the stores that have opened, the recovery in sales has been encouraging. Average daily sales in May have been around 60 percent of pre COVID levels.June is expected to be even better, but normalcy is expected only by the last quarter of this fiscal canada goose uk shop.