Mumbai sees luxury watch action pick up with Hublot store launch

Hublot's next store? Delhi likely in the next couple of years, then Bengaluru

Slowing discretionary spending is not dissuading at least one industry in the luxury segment — high-end watches.

Hublot, known for its Big Bang series of super-sporty wristwatches that can cost more than premium cars, launched its first boutique on the ground floor at the Palladium Mall in Mumbai, demonstrating it sees a market for its products for the long term in the country.

Ricardo Guadalupe, chief executive officer of LVMH-owned Hublot, and who in 2004 led the transformation to mostly automatic-run watches from the earlier quartz-run variants, says the store was in partnership with authorised distributor Ethos Watch Boutiques, in