The Watchery Profile: Movado watches

Movado is a Swiss luxury watch company that was founded in 1881 in La Chaux-de-Fonds, Switzerland by Achilles Ditesheim. However, in 1983 the company was purchased by American arts enthusiast, Gedalio Grinberg.

Movado watches are renowned and recognized for the Museum® dial, which is featured on every watch and is characterized by an embellishment at 12 o'clock. Today, the now 125-year-old Movado Group, Inc. designs, manufactures, and distributes premium designer watches and luxury watches for nine esteemed watch brands: Movado, Ebel, Concord, ESQ by Movado, Coach, Hugo Boss, Lacoste,Juicy Couture and Tommy Hilfiger watches worldwide. Movado's flagship brand, features a number of collections with most watches having a recommended retail price (RRP) of between $500 to $2,995 U.S.

As a long-established brand of luxury watches, Movado watches boast a number of celebrity fans, including John Stamos, Blair Underwood, Joel McHale, James Franco, Kerry Washington, and Derek Jeter.

At The Watchery we carry Movado watches at up to 50% off the recommended retail prices. We have an exclusive selection of Movado watches for men and women, that feature both classic and modern Movado silhouettes.

Tommy Hilfiger expanding to tier-II, -III cities

Tommy Hilfiger expanding to tier-II, -III cities

New Delhi: Fashion retailer Tommy Hilfiger India is charting its second phase of expansion with a slew of new stores even as it is extending its footprint to tier-II and tier-III cities in the country. Backed by a healthy appetite for luxury brands in the country, the company is poised to clock a turnover of Rs 100 crore this fiscal.


There is immense appetite for luxury brands in India. The market is exploding. We are currently in the second phase of expansion and will be having 23 points of sale by the end of this fiscal,” Shailesh Chaturvedi, CEO, Tommy Hilfiger India, told Business Line.

The company said it hopes to become a pan-India luxury brand by 2010. The new stores from its stable will come up in the tier-II cities such as Ahmedabad, Pune and Ludhiana. “There is a tremendous growth coming from these cities and it is imperative for us to have a presence there,” he added.

The apparel and accessories brand said the new stores will be a combination of both mono-brand and concessionaire (shop-in-shop type arrangement) outlets. While apparel contributes to the chunk of revenue, accessories such as watches and bags too are much in demand, he said adding the company is also looking to scale up its product line.

On the challenges, Chaturvedi said lack of availability of quality retail space and high duty on imported apparels and goods are bottlenecks in the growth of the sector.