>>
Rewind 2021 and prospects for 2022 Rewind 2021 and prospects for 2022
Home / Knowledge / News / Fashion / Timex will take no time in launching Intl luxury brands!

Timex will take no time in launching Intl luxury brands!

28
May '08
The Indian masses have gradually taken to the luxury brands and aiming to make the most of this volatile market, Timex plans to introduce premium brands like Ferragamo, Versace and Valentino in the country for expanding its retail presence.

Affirming its future plan, Mr Kapil Kapoor, Senior Vice President of Timex Group Asia Pacific told Fibre2fashion, “We are seeking to introduce these brands to the Indian market in the next one or two years time.”

Under its flagship brand 'Timex', the company makes watches for various segments like fashion, sports, outdoor and youth lines. Besides, it also manufactures, markets and distributes a host of other international brands like Guess, Opex Paris, Nautica and Marcecko.

What more can one ask for when the Government also lends its support for the endeavor. Mr Kapil Kappoor asserted, “In order to encourage the luxury segment in India, the Government is examining a reduction in the import duties and relaxing of the FDI cap on various brands which according to the Commerce Ministry will be raised from the present 51 to 100 percent on single brand retail.”

Timex also has plans to expand its prominence in the Indian market by increasing the number of its factory outlets from 59 to 120 by the end of this year.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 29th Jan 2022

EU refers China to WTO following trade restrictions on Lithuania

The EU recently filed a case at the World Trade Organisation against...

Pic: Shutterstock

Apparel/Garments | On 29th Jan 2022

Philippines misses Jan 1 RCEP deadline; to conduct public hearing

The Philippines missed the January 1 effectivity of the Regional...

Pic: Shutterstock

Textiles | On 29th Jan 2022

ILO, BGMEA join hands to continue safety momentum in RMG sector

The International Labour Organisation (ILO) and the Bangladesh...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Delay in adopting water sustainability both financially & environmentally...

Textile Industry, Head honchos

Textile Industry
Head honchos

Ensured payment of fee was least concern for students

Textile Industry, Head honchos

Textile Industry
Head honchos

Extension of RoSCTL to boost textile exports

Barry Goodwin,

Barry Goodwin

UK based Amba Projex Ltd designs, manufactures, and installs industrial...

Aashumi Mahajan,

Aashumi Mahajan

The Luxe Maison is a premiere haute couture e-boutique established after...

Akram Tariq Khan,

Akram Tariq Khan

E-commerce brand YourLibaas meaning "garment or attire" in Udru, was...

 Natacha Defeche, Edana

Natacha Defeche
Edana

Since 1971, EDANA, the International association serving the nonwovens and ...

Silverio Baranzano, Fitesa

Silverio Baranzano
Fitesa

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Daniel Roxbury, University of Rhode Island

Daniel Roxbury
University of Rhode Island

Assistant professor Daniel Roxbury and former URI graduate student...

Bani Pasricha,  Label - Bani Pasricha

Bani Pasricha
Label - Bani Pasricha

An Indian fashion-designer and a recipient of one of the most prestigious...

Abhishek Agarwal, Purple Style Labs

Abhishek Agarwal
Purple Style Labs

Late Indian fashion designer Wendell Rodricks, is known for his...

Shalini Sharma & Shweta Pundir Sharma, Six Yard Story

Shalini Sharma & Shweta Pundir Sharma
Six Yard Story

Six Yard Story is a premium artisanal brand with a focus to bring handloom ...

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

ESTEEMED CLIENTS

Tchibo GmbH
Gloria Jeans
NITI Aayog
PVH Corporation
Hirdaramani International Export Private Limited
Etam Group Strategy Hong Kong Limited
Gatsby Africa
Chori Company Limited
Splash
Sportswear Company Spa
Landmark Group
Bluestem Global Sourcing Limited
H;&M Hennes ;& Mauritz (Far East) Ltd
Restoque S.A.
Babyshop
Recron Polyester from Reliance Industries Limited
Groz-Beckert East Asia LLP
IDH – The Sustainable Trade Initiative
Hela Clothing Pvt Ltd
Aramark Uniform ;& Career Apparel, LLC
Gokaldas Exports Limited
Truetzschler India Private Limited
SYNERGIES HONG KONG LIMITED
Green Fibre
Desigual - ABASIC, S.A.
Sportmaster Ltd.
TESCO INTERNATIONAL SOURCING LIMITED
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Phong Phu international JSC (PPJ)
Lisa S.P.A.
Chico’ FAS
Guess Europe Sagl,
Decathlon
Page Industries Limited (Bangalore)
Tory Burch Hong Kong Ltd
Boardriders Asia Sourcing Limited
Huntsman (Singapore) Pte Ltd
Target Corporation (MN)
Cat Tuong Real Estate Group Joint Stock Company
International Textile Manufacturers Federation
Lenzing Aktiengesellschaft
BIMBA ;& LOLA SL
Lifestyle
Tommy Hilfiger
Benetton Group
Alix Partners
Arvind Limited
Abit
Asos
Vardhman Textile Ltd
Eastman Chemical Company
Sateri (Jiujiang) Fiber Co.,Ltd
Rayonese Textile Inc., Division de Culp Inc.
KAS Direct Sourcing
Walmart
Aquarelle Clothing Limited
C;&A Sourcing International Ltd
THE BOMBAY DYEING ;& MFG.CO. LTD
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
The Top Form Brassiere Manufacturing Company Limited
Gap International Sourcing Limited
OVS Hong Kong Sourcing Ltd.
Lululemon Athletica Inc
Rosset ;& Cia Limited
Lacoste (Wanchai)
SHAHI Exports Pvt Ltd
Seasalt Limited
Reiter India Private Limited
T.T. Limited
Maceton Limited
Alison Hayes Romania
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Puma
Under Armour Global Sourcing Ltd
LC Waikiki
Sainsbury's Argos Asia Limited
Esprit Europe Services GmbH
J ;& P Coats
BIANCA
Brandix Lanka Limited
Permoda(Koaj/Armi/Pronto/Bkul)
Varner AS Retail
Vianney Textil Hogar S.A. De C.V.
The LYCRA Company Singapore  Pte. Ltd
Midas Clothing Limited
Helly Hansen Far East Ltd
KIABI
Grasim Industries Limited
G-Star Raw C.V.
John Varvatos

January 2022

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


Advanced Search