Swiss luxury watchmaker H. Moser u0026 Cie ventures into the Indian market
New Delhi, September 2 () The Swiss luxury watchmaker H. Moser u0026 Cie entered the Indian market through a retail association with the chain of luxury watch stores Ethos Watch Boutiques.
H. Moser u0026 Cie, whose watches are priced at Rs 9.40 lakh upwards, will be available through at least four outlets in the main metropolitan cities of the Ethos Watch Boutiques network in the coming years, according to a statement from the company.
He added that his Heritage, Endeavor, Pioneer, Swiss Alp Watch and Venturer collections will now be available here.
The executive director of H. Moser u0026 Cie, Edouard Meylan, said: For our brand H. Moser u0026 Cie, the Indian market is interesting and unexplored. We hope to enter a new territory and make investments in India. This country has a rich history of luxury, which is an intrinsic part of the culture and heritage here.
The executive director of Ethos Watch Boutiques, Pranav Saboo, said: The Indian market has witnessed an increase in demand for luxury watch brands tailored in recent years. Watch enthusiasts are better informed and educated, looking for rare watches. This is where H. Moser Cie has great potential.
H. Moser u0026 Cie manufactures watches in Switzerland.
All its movements are manufactured internally, and each watch is built and finished by hand.
The company was created by Heinrich Moser in 1828. Based in Neuhausen am Rheinfall, it currently employs about 60 people and produces more than 1,500 watches a year. Founded in 2003, Ethos Watch is the largest luxury watch boutique chain in the country and currently has 53 stores in more than 16 cities. KRH HRS