Egana India, a joint venture company between the Rose Group and Egana Goldpfeil Gmbh, a leading multi-brand powerhouse, has launched its sixth ‘Watches and More’ outlet in Mumbai. Spread over an area of 550 sq.ft, the outlet at Growel’s 101 mall, Kandivali houses leading brands in watches, jewellery and accessories.
The outlet stocks watch brands such as Esprit, Pierre Cardin, Carrera, Puma and Cerruti 1881, among others. Jewellery is represented by brands such as Esprit, Pierre Cardin, Cerruti 1881, Carrera Steel and Italian brand Tanya Rossi. Watches and More recently introduced ‘Opium’ sunglasses and ‘Lamy’ pens. Prices start from Rs.700 and go all the way up to Rs.40,000.
As part of its retail expansion strategy, the Rose Group plans to open 25 ‘Watches and More’ stores across India within the next 12 months. A total of 100 stores are slated to open in the next three years with an investment of over Rs.100 crore.
With the opening of the new store, Egana India now has 10 ‘Watches and More’ outlets across India – six in Mumbai, two in Kolkata and one each in Bangalore and Delhi.
– IndiaRetailing Bureau