Timex Group has introduced the acquisition of Just Watches, a Mumbai-headquartered premium watch retail model, for an unspecified quantity. With this deal, Timex India will likely be taking on all of the bodily shops of Just Watches and their e-commerce portal – Justwatches.com.
Through this acquisition, Timex will be capable to set up a deeper direct shopper join, it stated.
Deepak Chhabra, Managing Director, Timex India stated, “We are confident that the acquisition will provide a wider choice of timepieces to our consumers. Through this business move, we are geared up to increase our consumer base countrywide.”
“We are focused on becoming a household name that is loved by generations across – from the millennials to the Gen Zs,” he stated.
