Timex Group acquires Indian retailer Just Watches
Timex Group has acquired Indian premium timepiece label Just Watches from Priority Marketing Private Limited for an undisclosed sum.
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Timex Group has acquired Indian premium timepiece label Just Watches from Priority Marketing Private Limited for an undisclosed sum.
Best Media Info: Currently, Timex Group operates through 5000 + offline trade stores and key online portals. With this deal, Timex India will be taking over all the physical stores of Just Watches and their e-commerce| Marketing News
Timex Group, a globally renowned & leading watchmaker, expands its consumer reach in the country by acquiring Just Watches, a reputed Mumbai headquartered Premium Watch Retail brand.
Timex Group CEO Reiss-Schmidt said that there is a lot of catch-up opportunity in India as only 15% only own a watch.
/PRNewswire/ -- The smartwatch market is expected to grow by USD 31,385.89 million at a CAGR of 14.83% from 2022 to 2027, according to the latest research...