Titan plans UAE expansion with 10 new stores
Tata Group-owned Titan Ltd is planning to expand its presence in the UAE market with the opening of 10 new exclusive retail outlets across the UAE before the end of this year.
The outlets will be owned and operated by Titan’s subsidiary company based in Dubai, Titan Global Retail LLC.
The company sees huge potential for growth in the UAE market and plans to add 20 more stores over the next three years.
Commenting on the expansion, Aditya Kejriwal, business head of the international business division at Titan Company Limited, in a statement said: “The increased focus on the UAE will enable the brand to grow at an annual rate of 35 percent from now until 2023 by which time there will be at least 30 Titan outlets across the UAE.”
“We have been selling watches in the GCC and the UAE for more than 25 years and thanks to our timeless craftsmanship and expert designs, we have been the preferred choice for 2 million customers and counting. As a leading brand that has appropriated differentiated design stories, and a wide offering, Titan is always looking ahead,” he added.
Established in 1984, Titan Company Ltd of one of India’s leading manufacturer of watches and sells its products more in around 32 countries across 11,000 points-of-sale.
Copyright © 2021 FashionNetwork.com All rights reserved.