Timex Group, one of the world’s largest watchmakers, has launched Versace watches in India. The collection is priced at Rs.50,000-8,00,000 and is a “must for the astute consumer who now has better access to fashion luxury”.
V D Wadhwa, CEO, Timex Group India, said, “Timex Group, as part of its brand portfolio strategy, caters to different consumer segments – from mass premium to luxury – and reaches out to all age and psychographic segments. In addition to the existing brands – Timex, Nautica, Marc Ecko, Tarun Tahiliani and Salvatore Ferragamo – we are pleased to launch Versace watches in India from our international portfolio of brands.”
The brand will be retailed across key metros in boutiques and premium multi-branded environment.
Paolo Marai, president and CEO, Vertime, Luxury Division of Timex Group, said, “Versace watches reflect our insight of combining comfort and technology with beauty. Versace watches are unique, perpetual and strikingly elegant. This launch marks an important milestone for India and is truly an honour and pleasure to offer this luxurious range of watches.”
– IndiaRetailing Bureau