Limited Edition Watches and Premium brands are selling like hot cakes in India. From Titan to Kingfisher, everybody wants a pie of this market. Retailers are wooing and upgrading their customers. In this context, Luxury Swiss Watch brand – Raymond Weil which is already present in India through Multi-brand outlets is planning to open exclusive mono-brand boutiques.
Mr. Olivier, CEO of Raymond Weil said,
We are committed to expanding in the Indian market quickly. Many options to open exclusive mono brand boutiques have recently been offered to us and we are at present evaluating those. India is not only a must market for luxury brands but it is also crucial to be present here. For few years now, this market has developed itself quite nicely with a steady growth and has unlimited potential to grow.
The concept of exclusive boutiques is currently working for Raymond Weil in Dubai, Singapore, Abu Dhabi, and Oman. In India, Raymond Weil is available at Ahmedabad, Bangalore, Chennai, Chandigarh, Delhi NCR, Mumbai and Pune through various channel partners – Ethos, Helvetica and Swiss Boulevard.