Timex

Timex Group acquires watch retail brand Just Watches for undisclosed amount

US-based watchmaker Timex Group on Thursday said it has acquired Just Watches, a premium watch retail brand for an undisclosed sum. With this deal, Timex India will be taking over all the physical stores of Mumbai-based Just Watches and their e-commerce portal Justwatches.com, Timex Group said in a statement. "...this is in line with our future growth plans and hence brings a perfect synergy between the coming together of the two brands. We are confident that the acquisition will provide a wider choice of timepieces to our consumers. Through this business move, at Timex, we are geared up to increase our consumer base countrywide," Timex India Managing Director Deepak Chhabra said in a statement. Timex India currently operates over 35 exclusive franchised stores under the brand name Timex World. "The decision of this acquisition comes at a point wherein Timex India is looking to take their retail presence and business growth in the country to the next level reinforcing them to be th

Timex Group gets manufacturing rights for Guess & Gc watches in India

Leading watchmaker Timex Group India Ltd on Monday said it has been granted manufacturing and distribution rights for Guess & Gc branded watches in the country. It has sealed a pact with Timex Nederland B.V. for the grant of manufacturing and distribution rights for the Indian market, Timex India said in a statement. "The deal is a significant win for Timex Group India, given the Guess & Gc market share, reach and brand recognition in the fashion watch segment. The power of the Guess & Gc brands will be a great addition for Timex Group India," Titan said in a statement. This partnership will allow Timex Group India to expand its business through the distribution of style-driven product assortments to its fashion-focused customer base. Timex Group India Managing Director Sharmila Sahai said, "We are delighted to announce this partnership. Guess & Gc branded watches are known for providing quality timepieces for fashion-conscious consumers worldwide, and the recognition .

Benetton India inks licensing agreement with Timex to launch watches

Timex India on Tuesday said it has entered into a licensing agreement with apparel brand and Benetton India for design, manufacture and distribution of Benetton watches in the domestic market. With this partnership, Benetton India will foray into the watches business. "Benetton... has joined hands with the trusted brand of watchmakers Timex India, to introduce an exclusive line of watches in the Indian market. This one-of-a-kind collaboration is part of a licensing deal where Benetton India will be at the forefront of creative inspiration... while Timex India will spearhead the overall designing, manufacturing and distribution," Timex said in a regulatory filing. The partnership, which is exclusive to the Indian market, is a strategic business move for both Benetton and Timex to deepen footprint and reach in the country, it added. Products from this partnership are slated to be launched in the second quarter of the current financial year. Sundeep Chugh, Managing Director and Chief

Timex fitness band review: Expensive but a better-looking fitness tracker

How good is the Timex Fitness Band and does it justify Rs 4,495 price tag? Let's find out

Covid-19 impact: Timex Group India Q1 loss widens to Rs 12.42 cr

The company had posted a net loss of Rs 7 crore in the same quarter last fiscal, Timex Group India said in a regulatory filing

Timex iConnect Active: A no-frills watch that lags behind competition

If you are relying on data from a smartwatch to keep healthy or improve your performance, a bigger deviation could be detrimental

Off the beaten track

Watchmaker Timex is looking to leverage its wide offline sales network to tap a market waiting to take off