Business Daily from THE HINDU group of publications Thursday, Jun 07, 2007 ePaper |
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New Products & Services Corporate - Outlook Web Extras - Watches & Accessories Watchmaker Jaeger-LeCoultre mulls launching six new models Our Bureau
MR NICOLAS BARETZKI, International Director, Jaeger-LeCoultre, with models at the launch of the new watch collection in the Capital on Wednesday. Kamal Narang
New Delhi June 6 Luxury Swiss watchmaker Jaeger-LeCoultre plans to launch six new models in the country over the next eight to 10 months. According to Mr Sahni Gurinder, Chief Executive, Jaeger-LeCoultre Boutique: "We are on a growth path in India and in the last one year, since the exclusive boutique was started, the sales have picked up very well. To enhance our product offering to the Indian customers we are looking at introducing six new models in the next eight to 10 months." Jaeger LeCoultre, founded in 1833, is part of the Richemont Group that also has brands such as Cartier, Mont Blanc, Baume & Mercier in its portfolio. The company, on Wednesday, launched its new collection the Master Compressor Extreme W-Alarm `46', Valentino Rossi Edition. The watch is available in two options of Pink Gold and Titanium with a 46.3 mm diameter and is priced at Rs 6 lakh onwards.
Expanding network
Speaking about the other plans of the company, Mr Baretzki said that it was looking at expanding its base in the country. "Apart from this exclusive boutique, we have seven dealers in the country. We are looking at expanding this network and may also have a second boutique," he said.
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