Jewellery News Network
Timex Group Swiss Luxury Division (a part of the Timex Group) has appointed MadaLuxe Group because the unique US distributor for its luxurious brand title watches, which embrace Versace, Salvatore Ferragamo, and Versus Versace timepieces.
Timex Group Swiss Luxurious Division markets designer label model name watches in greater than 65 international locations worldwide through shops, unbiased specialty retailers and boutiques, in addition to main digital e-commerce retail retailers. At the core of the division are Versace and Salvatore Ferragamo watches, both primarily based in Switzerland. Collectively, these two iconic brand names signify the group’s unique position within the market, delivering Italian fashion and design with traditional Swiss watch-making. The Group additionally distributes Versus Versace and different contemporary vogue brands focusing on younger shoppers with fashionable collections that characteristic present style seems to be and seasonal traits.
Paolo Marai, president and CEO of the Timex Group Luxurious Division, said “We are confident that the staff at MadaLuxe will signify a singular opportunity to strengthen our place within the USA market allowing us an additional step in our development plans.”
Marai, who oversees the Timex luxury Division worldwide, stated that the division has ferragamo summer sale skilled robust development since 2004 delivering fashionable kinds and assurances that each watch is backed by the “Swiss Made” label. The expansion of the division has been pushed by elevated distribution and gross sales in the Center East and Asia, as well as a solid efficiency in Europe and the USA during the last several years, he stated.
“The relationship with the Timex Group Swiss Luxury Division is an thrilling alternative for us, and we are honored to signify such iconic luxury timepieces and recognized manufacturers,” mentioned Sandy Sholl, CEO of MadaLuxe Group.
MadaLuxe Group distributes men’s and women’s luxury manufacturers from essentially the most notable European fashion houses. That is the group’s first project in the watch class and displays its ongoing expansion into the luxurious brand sector.