Mergers & Acquisitions

Titan holds hands with Montblanc, to open five boutiques

Opportunity India Desk
Opportunity India Desk Sep 29, 2017 - 2 min read
Titan holds hands with Montblanc, to open five boutiques image
International luxury firm Maison Montblanc has confirmed its partnership with Titan Company to establish its retail presence across India.

International luxury firm Maison Montblanc has confirmed its partnership with Titan Company to establish its retail presence across India. The joint venture will see the opening of five Montblanc boutiques in the coming three months in Mumbai, Delhi, Hyderabad and Pune.

This month marks the opening of Montblanc boutiques in the exclusive Palladium Mall in Mumbai, and at the Taj Mahal Hotel, Mansingh Road Delhi.  Both boutiques showcase the latest collections of expertly crafted, sought-after timepieces, a wide selection of the Maison’s innovative writing instruments, fine jewellery for men and women and artisanal leather goods.

Simultaneously, a dedicated customer service centre operated by Titan will ensure a new level of convenience and service for clients in India.  

Commenting on the new joint venture and re-entry into India, Nicolas Baretzki, Executive Vice President, Sales, Montblanc International, comments: “We are delighted to partner with Titan in India. This is a market that presents exceptional opportunity for Montblanc, and our expansion strategy will certainly help serve our strong and loyal client base here. The first two boutiques – in Mumbai and in Delhi – are excellent starting points for us and we look forward to a long and successful presence in India.”

Sharing his thoughts on the association, Bhaskar Bhat, Managing Director, Titan Company, adds “We are equally delighted to be partnering with Montblanc and have every confidence in ensuring its success. This association will help us bring to our large and loyal customer base a unique luxury experience. With Titan‘s strong position and Montblanc’s iconic, luxury offering across its portfolio, there is no doubt that the Maison’s appeal and success will only continue to grow.”

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