Watch manufacturer Timex said it will introduce more international brands from its global portfolio in the country and strengthen its retail presence by opening 20 more stores across the country by the end of this fiscal. The company said it will launch 'Marc Ecko' brand of watches in the country by January next year,besides introducing a collection for the festive season very soon. "Timex has 12 international brands under it,of which six are already in India. We will gradually introduce the rest six as well here. As of now,we have finalised plans to introduce the Marc Ecko by January next year," Timex Group India Managing Director Gopalratnam Kannan told reporters. The company recently introduced its high-end international brand 'Salvatore Ferragamo' in the country this year. He,however,declined to give a time frame as to when the rest of the brands will be launched. Kannan said the company had earlier planned to introduce a total of 400 models this year,of which 300 have already been launched. "We will introduce the rest 100 models in the remaining part of the year. We are also coming up with a new range of collection for the festive season," Kannan said while introducing the new 'Ironman' series watches. Besides,Timex is also opening 20 more exclusive stores across the country,taking its total number of outlets to 82 by the end of this fiscal. "We are looking to open 20 stores across the country,mainly in Tier II and III cities," he said.
