Timex to strengthen its franchise presence

Timex Group India, is all set to touch the count of 90-95 Time Factory outlets by March 2011 and 144 outlets by March 2013, confirms a company official. The company is looking at opening more than eight stores in Delhi/ NCR, five in Bengaluru, and one each in Amritsar, Jalandhar, Jodhpur, Udaipur through franchise route.

Presently, the company is operating through 72 Time Factory outlets in India, which are a mix of franchised as well as company owned outlets.

Timex Watches Ltd founded in 1854, has converted into Timex Group. The company markets numerous world famous brands like Timex, Valentino, Versace, Guess, Salvatore, Ferragamo, GC, Versus, TX, Marc Ecko, Vincent Berard, Nautica and Opex.