Timex Watches To Open 120 Franchise Stores

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Managing Director at Timex Watches, Kapil Kapoor informs that the company will launch 120 stores based on a franchise model and that they are putting up a multi brand concept with international brands and showcasing international watch experience, which is novel to the Indian market.

Elaborating on the brands that they intend to showcase in their retail exclusive stores, he states, “We hope to build a portfolio of brands and we have currently showcased five of our brands – our flagship brand Timex and others in our portfolio namely Nautica, FCUK and Opex Paris.”

He further adds, “We have got a strategic alliance going with couple of other brands in the Egana Gold Field Group, namely Pierre Cardin and Esprit. So overall, we have got about six brands in our portfolio in the store and we hope to expand that by another 2 or 3 brands in the next few months.