Timex to tie up with Reliance Retail

tmex_logoTimex India, the Indian arm of Netherlands based sports watch maker Timex Watches BV, is exploring possibilities of acquiring ‘shelf space’ or ‘shop in shop’ facilities with Reliance Retail. Timex India is also looking at foraying into original equipment manufacturer (OEM) business with Reliance Retail, according to a report in Business Standard.

During the past three years, Timex India has registered a sharp turnaround in sales and substantial improvement in the margins.

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