Country emerging as a lucrative market for premium timepieces, a trend led by the young generation
The company estimates the Indian Premium Sunglasses market is Rs 800 crore with a projected CAGR of 10%
Sonthalia says that the company is aiming for margin optimisation through cost control and growth through international expansion and product diversification
Identifies key themes like leisure, jewellery, out-of-home food, healthcare and premium brands as growth areas
US-based watchmaker Timex Group on Thursday said it has acquired Just Watches, a premium watch retail brand for an undisclosed sum. With this deal, Timex India will be taking over all the physical stores of Mumbai-based Just Watches and their e-commerce portal Justwatches.com, Timex Group said in a statement. "...this is in line with our future growth plans and hence brings a perfect synergy between the coming together of the two brands. We are confident that the acquisition will provide a wider choice of timepieces to our consumers. Through this business move, at Timex, we are geared up to increase our consumer base countrywide," Timex India Managing Director Deepak Chhabra said in a statement. Timex India currently operates over 35 exclusive franchised stores under the brand name Timex World. "The decision of this acquisition comes at a point wherein Timex India is looking to take their retail presence and business growth in the country to the next level reinforcing them to be th
Priced at Rs 44,999, the Amazfit Falcon smartwatch will be available for purchase from December 3
The Pixel 7 and Pixel 7 Pro smartphones will be available for pre-order in India, along with the rest of the world, from 08:15 pm on e-commerce platform Flipkart
Apple is likely to introduce a body temperature sensor in the new Watch series, a feature that can help people with fertility and sleep tracking
Timepieces costing lakhs of rupees must highlight the owner's taste and personality
Long waiting and premiums for Submariner, Daytona, Explorer, GMT
To tide over the disruption, a few players have also started creating websites for digital sales
Forty years after nearly wiping out the Swiss watch industry with cheap quartz models, Japanese brands like Seiko and Citizen are eyeing the high end of timekeeping