Business Standard

Watches

For luxury watch companies, it is time to foray into Indian markets

Country emerging as a lucrative market for premium timepieces, a trend led by the young generation

For luxury watch companies, it is time to foray into Indian markets
Updated On : 10 Oct 2024 | 12:48 AM IST

Long-term investors likely to use the dip to 'accumulate' Titan's stock

Titan beat growth expectations across most segments and this led to likely earnings upgrades for FY25 to the tune of 4-5%

Long-term investors likely to use the dip to 'accumulate' Titan's stock
Updated On : 07 Oct 2024 | 10:33 PM IST
Updated On : 06 Sep 2024 | 7:02 PM IST

Smart watch sales grew 5x but now slowing: Titan CEO Suparna Mitra

Mitra points out that Titan has seen a slow but subtle shift in the buying habits of women. In the last seven years the share of women's watches has gone up from 40 per cent to 45 per cent

Smart watch sales grew 5x but now slowing: Titan CEO Suparna Mitra
Updated On : 20 Jun 2024 | 1:07 AM IST

Titan Q4 results: Net profit up 7% at Rs 786 crore, revenue rises 17%

The company's reported a profit of Rs 786 crore ($94.2 million) in the quarter ended March 31, up 7.1% from last year, but missing analysts' expectation of Rs 799 crore as per LSEG data

Titan Q4 results: Net profit up 7% at Rs 786 crore, revenue rises 17%
Updated On : 03 May 2024 | 5:22 PM IST

Watches are not investments, comparing to stocks risky, says Rolex CEO

Rolex is the biggest Swiss watch brand and dominates the industry with an estimated 30% market share. Known for its Datejust, Daytona and Submariner models

Watches are not investments, comparing to stocks risky, says Rolex CEO
Updated On : 08 Apr 2024 | 6:28 PM IST

OnePlus Watch 2 review: Not perfect, but battery life makes you think again

The OnePlus Watch 2 presents itself with a bold design, impressive battery life, and the latest Wear OS 4. However, it has some quirks that may not appeal to everyone

OnePlus Watch 2 review: Not perfect, but battery life makes you think again
Updated On : 27 Mar 2024 | 9:09 AM IST

Happy Valentine's Day 2024: Gift options to surprise your wife/girlfriend

Happy Valentine's Day 2024: Are you planning to surprise your wife or girlfriend with special gifts? Here are some of the gift options that you can explore and make your partner's day special

Happy Valentine's Day 2024: Gift options to surprise your wife/girlfriend
Updated On : 14 Feb 2024 | 12:55 PM IST

Titan posts strong revenue growth in jewellery segment in third quarter

Indian jeweller and watchmaker Titan Co Ltd said on Friday it registered a revenue growth of 22% year-on-year in the third quarter ended Dec 31 as it saw double-digit growth in its jewellery business

Titan posts strong revenue growth in jewellery segment in third quarter
Updated On : 05 Jan 2024 | 8:52 PM IST

Titan posts 20% Q2 revenue growth, Jewellery biz reports 19% revenue growth

Leading jewellery and watchmaker Titan on Friday reported a 20 per cent growth in standalone revenue for the second quarter ended September 30, 2023. During the period, it added 81 stores across verticals, taking the group's retail presence to 2,859 outlets, according to a quarterly update by Titan. Its jewellery division reported a revenue growth of 19 per cent. Building on the positive first quarter momentum, domestic consumer sales (secondary) exhibited strong year-on-year growth and were led by double-digit increase in buyers and ticket sizes. Moreover, as part of its global expansion, its jewellery brand Tanishq expanded its Gulf Cooperation Council (GCC) presence by entering Qatar and adding two new boutiques in Doha. The Jewellery Division added 39 stores, taking the total count to 598. The Watches & Wearables (W&W) Division's domestic business grew 32 per cent. This comprises 22 per cent growth in the Analog watches and over two-fold growth in Wearables. "The Wearables

Titan posts 20% Q2 revenue growth, Jewellery biz reports 19% revenue growth
Updated On : 06 Oct 2023 | 11:33 PM IST

Casio to start local manufacturing of watches in India by the end of 2023

Leading Japanese consumer electronics maker Casio would start local manufacturing of watches by the end of this year in India, which is a priority market for the company, a top company official said on Wednesday. The company is working with a local partner here, where quality evaluation is going on and expects to launch its first Made-in-India range of watches by the end of this year, said Casio India, Managing Director Hideki Imai. "We expect this to happen before the end of this year," Imai told PTI. Casio is encouraged by its sales in India in the last financial year that ended on March 31, 2023, recording a high double-digit growth in revenue numbers and the highest operating profit. "We are prioritising the Indian market, which has the highest growth potential. India has the highest number of youth, below 35 years and we have recognised that fact. We are optimistic about growing the business here in India," said Imai adding the parent company expects the India unit to deliver

Casio to start local manufacturing of watches in India by the end of 2023
Updated On : 20 Sep 2023 | 8:57 PM IST

Watches, sculpture pay homage to first aircraft carrier INS Vikrant R11

Touted to be a first-of-its-kind marriage between art, history and innovation, marketplace HEFTY.art, renowned sculptor Arzan Khambatta and watchmaker Bangalore Watch Company on Wednesday announced a new collection paying homage to the legendary INS Vikrant R11. The exclusive collection, crafted from the reclaimed metal of the revered warship, includes five exclusive sculptures designed by Khambatta and a limited-edition series of 70 wristwatches created by Bangalore Watch Company. The creations will be further fortified with HEFTY.art's digital non-fungible tokens (NFTs), infusing them with authenticity and security in the digital realm, a press release stated. The Mumbai-based artist is recreating his existing sculpture of INS Vikrant at Lions Gate, Mumbai and will sculpt five unique representations of the monumental warship. Complementing the sculptures are the limited-edition wristwatches incorporating the warship's metal, establishing a tangible connection between heritage and

Watches, sculpture pay homage to first aircraft carrier INS Vikrant R11
Updated On : 16 Aug 2023 | 5:27 PM IST

Swiss watches import jump 21% in India first six months of 2023

Imports touched 98.5 million Swiss francs (nearly Rs 933 crore) in the January to June period this year period from 81.2 million francs a year earlier

Swiss watches import jump 21% in India first six months of 2023
Updated On : 24 Jul 2023 | 12:34 PM IST

Luxury Swiss watches still beat stocks and crypto despite Rolex, Patek drop

The number of Rolex watches on the secondary market increased by 19 per cent in the fourth quarter alone, Morgan Stanley and WatchCharts estimated

Luxury Swiss watches still beat stocks and crypto despite Rolex, Patek drop
Updated On : 17 Feb 2023 | 10:54 PM IST

Realme launches Pad X 5G, Watch 3, Flat Monitor, and more: Details here

Realme on July 26 launched the Pad X 5G, Watch 3, Flat Monitor, Buds Air 3 Neo, and Buds Wireless 2S. Here are the products detail, pricing information, and sale details

Realme launches Pad X 5G, Watch 3, Flat Monitor, and more: Details here
Updated On : 26 Jul 2022 | 3:45 PM IST

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 .

Timex Group gets manufacturing rights for Guess & Gc watches in India
Updated On : 13 Jan 2022 | 10:41 AM IST

Titan registers strong recovery in demand in Q2 FY22

Titan on Wednesday said it has witnessed a strong recovery in demand in the July-September quarter, and its sales in most of its divisions have either reached above or close to pre-pandemic levels

Titan registers strong recovery in demand in Q2 FY22
Updated On : 06 Oct 2021 | 8:43 PM IST

How about a wristwatch with a meteorite dial? Or parts from a MiG-21?

Meteorites have been used in recent times by fine watchmakers and jewellers alike

How about a wristwatch with a meteorite dial? Or parts from a MiG-21?
Updated On : 19 Aug 2021 | 6:03 AM IST

As WFH pinches, Titan bets big on gifting to revive sale of watches

The watchs segment saw 89% decline in revenue for Q1

As WFH pinches, Titan bets big on gifting to revive sale of watches
Updated On : 14 Aug 2020 | 10:49 PM IST

Fossil launches eco-friendly Solar Watch in India: Price, features and more

Fossil has partnered with EcoMatcher to plant a tree in honour of each person who purchases the Solar Watch

Fossil launches eco-friendly Solar Watch in India: Price, features and more
Updated On : 29 Jun 2020 | 2:55 PM IST