Watches

Jewellery led growth across Titan's portfolio, while the company expanded its retail footprint by adding 77 stores during the April-June quarter

The bling is back, but the war in the Persian Gulf has tarnished the outlook for the luxury watch industry - the ultimate in bling. Starting Tuesday, Geneva hosts the annual "Watches and Wonders" fair, a premiere gathering in an industry eager for a rebound after two years of market contraction, hopefully including sales in oil-rich Gulf Arab countries. The US and Israeli war against Iran that began February 28, however, has had a sweeping impact on the global economy: Driving up energy prices, stalling shipments of fertiliser, disrupting air travel, among other things. High-end watches have not been spared. Soaring prices for precious metals like gold and silver over the last year and US President Donald Trump's Liberation Day tariffs launched a year ago - while down from peak levels - already affected the market. Now, renewed inflation pressures and doubts about consumer confidence are throwing new uncertainty into the market that generates tens of billions of dollars in revenue

Swiss watchmaker Rado expects India sales to accelerate as import duties ease under the India-Switzerland trade pact, driven by premiumisation and outbound tourism

The rollercoaster in secondary-market watch prices started during the pandemic, when consumers flush with crypto gains and stimulus payments started snapping up pre-loved models online

Jacob & Co's $1.5 million Vantara watch for Anant Ambani features a miniature figure on the dial. Here's a peek into how luxury watches are made, priced and sold

Casio India has commenced the sale of its locally manufactured watch models, which will not only deepen its footprint here but also mark a strategic step for its long-term vision for the Indian market. The company, part of the Japan-based Casio Computer Co Ltd, has started the sale of its three locally manufactured models through a third party, and several more watch models are in the pipeline. Earlier in September 2023, Casio had announced plans to start local manufacturing of watches in India, which is a priority market for the company. "This milestone aligns with Casio's efforts to enhance product availability, support national manufacturing goals, and respond more intuitively to Indian consumer preferences," said a statement from Casio India. Casio, which entered into the Indian market in 1996, said the decision to "Make in India" is both a strategic and symbolic step that enables the brand to become more agile and responsive in a market that continues to evolve rapidly in term

With double-digit growth, new launches, and deeper India focus, Timex aims to be the second-largest international watch brand in the country

Titan aims to double sales to 15 lakh bags in FY26 under IRTH and Fastrack, supported by rising demand, new leather ranges, online partnerships, and retail expansion

Venkataraman joined the company in 1990 and rose to the top post in 2019, the same year Chawala took the helm at the jewellery division

Titan is negotiating to acquire a significant stake in Damas Jewellery, valued at Rs 4,500 crore; the move aligns with Titan's strategy to strengthen its presence in the GCC luxury market

Country emerging as a lucrative market for premium timepieces, a trend led by the young generation

Titan beat growth expectations across most segments and this led to likely earnings upgrades for FY25 to the tune of 4-5%

Apple is scheduled to host the launch of the new iPhone16 series at the “It’s Glowtime” event on September 9. The event will also introduce the latest Apple watches and Airpods.

Mitra points out that Titan has seen a slow but subtle shift in the buying habits of women. In the last seven years the share of women's watches has gone up from 40 per cent to 45 per cent

The company's reported a profit of Rs 786 crore ($94.2 million) in the quarter ended March 31, up 7.1% from last year, but missing analysts' expectation of Rs 799 crore as per LSEG data

Rolex is the biggest Swiss watch brand and dominates the industry with an estimated 30% market share. Known for its Datejust, Daytona and Submariner models

The OnePlus Watch 2 presents itself with a bold design, impressive battery life, and the latest Wear OS 4. However, it has some quirks that may not appeal to everyone

Happy Valentine's Day 2024: Are you planning to surprise your wife or girlfriend with special gifts? Here are some of the gift options that you can explore and make your partner's day special

Indian jeweller and watchmaker Titan Co Ltd said on Friday it registered a revenue growth of 22% year-on-year in the third quarter ended Dec 31 as it saw double-digit growth in its jewellery business

Leading jewellery and watchmaker Titan on Friday reported a 20 per cent growth in standalone revenue for the second quarter ended September 30, 2023. During the period, it added 81 stores across verticals, taking the group's retail presence to 2,859 outlets, according to a quarterly update by Titan. Its jewellery division reported a revenue growth of 19 per cent. Building on the positive first quarter momentum, domestic consumer sales (secondary) exhibited strong year-on-year growth and were led by double-digit increase in buyers and ticket sizes. Moreover, as part of its global expansion, its jewellery brand Tanishq expanded its Gulf Cooperation Council (GCC) presence by entering Qatar and adding two new boutiques in Doha. The Jewellery Division added 39 stores, taking the total count to 598. The Watches & Wearables (W&W) Division's domestic business grew 32 per cent. This comprises 22 per cent growth in the Analog watches and over two-fold growth in Wearables. "The Wearables