Timex Group to open more stores

Timex Group India plans to open around 30 to 40 new stores via franchising. The brand plans to invest around Rs 5.1 crore for pan India expansion. Currently, it operates around 100 stores across the country.

Timex Watches Ltd established in 1854 and was later transformed into Timex Group. The group markets numerous world famous brands like: Timex, Valentino, Versace, Guess, Salvatore, Feeagamo GC, Versus, TX Marc Ecko, Vincent Berard, Nautica and opex. Now the wrist watchmaker is planning to enter jewellery market in India in about two years.