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Luxury watches are headed to where the buyers are and it is not Europe Bas Dost Netherland Jersey , the United States or even Russia. India is the newest landing spot for luxury watch corporations. With such a huge population, several of them U.S. educated who have returned to begin effective organizations, the demand for good points are on the rise. It is almost as if watches parallel the caste technique that nonetheless exists in India. All more than the world watches are status symbols and maybe not much more so than in a country where the family members you come from plus the blood that runs by means of your veins still extremely a lot define you and who you are able to marry.


Watch brands like Raymond Weil are opening up new boutiques throughout India. Press conferences are becoming held, Indian celebrities are becoming brought on as new spokespeople ambassadors, parties are being held and rupees (the Indian currency) are becoming utilized to purchase new men’s and women’s watches Arjen Robben Netherland Jersey , which is music to the watch industry’s ear.


Oliver Bernheim, CEO and President, Raymond Weil Watches says that “Indian finish shoppers are extremely innovative these days. They need to see nuances, they want to be global, and they need to see a watch that would fit to their waist. So Wholesale Netherland Soccer Jerseys , I love the Indian consumer since he (she) is open for fresh items for nuance. It can be a market that does not cease getting interested by development,” stated Oliver Bernheim, CEO and President, Raymond Weil Watches. RW (Raymond Weil) expects India to contribute 7% to its global sales by the end of 2010. This estimate speaks extremely and confidently of the potential for spending power that India gives.


Other brands besides RW that are keen on the Indian market are Chico, Citizen Wholesale Netherland Jerseys , Fossil, Casio, and Tissot. Tissot has recently signed one of India’s most renowned faces to its brand. Referred to as the “face of the new generation,” the gorgeous Deepika Padukone has come to be Tissot’s brand new and hottest face.


Even though India might not be the most beneficial destination for super high-end brands like Cartier watches, Gucci watches or Bvlgari watches Cheap Netherland Soccer Jerseys , it really is a superb area for lower to mid range priced brands like the ones listed above and also for others like Baume and Mercier and Michele watches. There are actually even some TAG Heuer and Movado watches that would surely sell nicely there.


That’s a thought! If the high finish brands had been genuinely wise, they would open boutiques in India that only sold their lower-priced watch lines. Perhaps this wouldn’t make too much sense for Cartier or Breitling, but surely would for TAG Heuer and Movado and I’m positive Omega watches would sell well as they are sporty like Tissot watches and those have great sales numbers.


Many times when introducing a new brand or product into a certain industry the business has to spend a whole lot on advertising (you’ve heard the saying “you’ve got to devote income to create funds), but in India, customers you will find already “very quite aware of International luxury and premium brands. A lot of Indians travel abroad right now. Numerous luxury and premium brands also advertise in India so brands like Raymond Weil Cheap Netherland Jerseys , Chico, Citizen, Fossil, Casio are incredibly well-known to Indian consumer nowadays,” explains Harish Bhatt Wesley Sneijder Netherland Jersey , COO, and Titan Watches.


So, fundamentally the recipe for success is there. As we enter 2010, I wouldn’t be surprised to see a lot more watch brands closing stores in the U.S. and Europe and opening new locations in India.

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