Home / Knowledge / News / Fashion / Fossil plans launching its brand in domestic market

Fossil plans launching its brand in domestic market

21
Apr '08
Fossil Inc, a leading fashion accessory giant in America has plans to set up a plant in Himachal Pradesh to manufacture and sell watches for top international brands.

Expected to get done with the project by the end of this year, Fossil India, a domestic subsidiary, will make a start with eight international brands of watches and jewelry.

Sources informed Fibre2fashion that Fossil will retail these brands through exclusive outlets to be set up mainly in the metropolitan cities of the country. Besides, it will also market its products through departmental stores in India.

One of the main strategies of Fossil is to start operations with watches and later expand its domain to include fashion, jewelry and leather accessories. The company has recently acquired the ownership of domestic fashion jewelry brand Oyzterbay and will re-launch the products in the market very soon.

Watch market in India has already become competitive with the entry of Seiko, Tommy Hilfiger, Hugo Boss and the Swatch Group. With Fossil working out a plan to introduce newer brands apart from its own, the market is sure to bustle with a slew of actions.

Fibre2fashion News Desk - India


Interviews View All

Top executives, Textile industry

Top executives
Textile industry

Defining MSMEs on the basis of turnover makes it simpler to do business

Karel Williams, Dow Microbial Control

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Anvita Mehra, Confidential Couture

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Himanshu Jariwala,

Himanshu Jariwala

J Korin started as a partnership firm with four powerlooms in the textiles ...

Carmen Makover,

Carmen Makover

Leading the digital textile printing industry, Israel-based Kornit...

Alexander Foll,

Alexander Foll

Germany-based H Stoll AG & Co KG manufactures flat knitting machines....

Matthew Kolmes, Supreme Corporation

Matthew Kolmes
Supreme Corporation

Supreme Corporation manufactures innovative specialty yarns and safety...

Frank Heislitz, Freudenberg

Frank Heislitz
Freudenberg

Freudenberg Performance Materials is a leading global manufacturer of...

Larry L Kinn, Suominen Corporation

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Aneeth Arora, Péro

Aneeth Arora
Péro

The Woolmark Company has partnered with handmade fashion label Péro and...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by Aprajita Toor were born out of a deep desire to create...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


November 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search