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Timex to roll out 200 stores

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Timex Watches is gearing up its expansion plans in the country. The company wants to roll out over 200 stores by the end of 2009. This expansion will be witnessed primarily in metros. The company currently sells its products through franchise stores.

Timex has 22 per cent market share in the organised quartz watches segment, and wants to increase it to 30 per cent.

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