Fossil watches would like to taking over the accessories market in India. It has been planned for this for a certain time .Even though it may now be the firm’s turn to release more in the way of timepieces , it would take steps to begin its market in India.
Fossil watches look like they will be actively targeting Indian customers in the coming months, according to the area’s leading news agency.
The desire to own high-end watches in the country could create a potentially massive market for organisations that want to give more depth and breadth to their global operations, according to Asian News International.
Seven per cent of Raymond Weil Watches’ income is being channelled through Indian markets, according to president and chief executive of the company Oliver Bernheim, who also noted that brands including Fossil and Casio have joined their ranks.
Mr Bernheim told the news agency that Indian consumers are ever becoming more innovative in their attire and watches naturally match this demand, particularly global brands which include them as a wider factor in international fashion.
It was revealed that the 17th Jewellery and Watch Show in the UAE was a huge hit this week. That is owing to the popular market that watches still have in the Middle East despite the downturn. So what will the Fossil watch market like in India ? No one knows .
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