Jewelry Information Community
Timex Group Swiss Luxurious Division (part of the Timex Group) has appointed MadaLuxe Group because the unique US distributor for its luxury brand identify watches, which embody Versace, Salvatore Ferragamo, and Versus Versace timepieces.
Timex Group Swiss Luxurious Division markets designer label brand name watches in greater than 65 countries worldwide through malls, impartial specialty retailers and boutiques, as well as major digital e-commerce retail outlets. At the core of the division are Versace and Salvatore Ferragamo watches, each based in Switzerland. Together, these two iconic model names represent the group’s distinctive place within the marketplace, delivering Italian fashion and design with conventional Swiss watch-making. The Group additionally distributes Versus Versace and other contemporary style manufacturers concentrating on youthful consumers with fashionable collections that feature current vogue seems to be and seasonal traits.
Paolo Marai, president and CEO of the Timex Group Luxury Division, said “We are assured that the staff at MadaLuxe will represent a unique opportunity to strengthen our position in the USA market permitting us a further step in our growth plans.”
Marai, who oversees the Timex luxurious Division worldwide, acknowledged that the division has skilled strong growth since 2004 delivering fashionable styles and assurances that each watch is backed by the “Swiss Made” label. The growth of the division has been driven by elevated distribution and sales within the ferragamo mens 1898 watch Middle East and Asia, in addition to a stable performance in Europe and the USA over the last a number of years, he mentioned.
“The relationship with the Timex ferragamo mens 1898 watch Group Swiss Luxurious Division is an exciting opportunity for us, and we’re honored to represent such iconic luxurious timepieces and acknowledged brands,” stated Sandy Sholl, CEO of MadaLuxe Group.
MadaLuxe Group distributes men’s and women’s luxurious brands from probably the most notable European style homes. That is the group’s first task within the watch category and reflects its ongoing enlargement into the luxurious model sector.