September 19, 2007

Titan Industries

Titan Industries Ltd has informed BSE that the Company pursuant to an agreement with MGI Luxury Asia Pacific Ltd. (subsidiary of MOVADO group Inc and the Licensee of the Hugo Boss brand of watches), has entered into an arrangement for exclusive marketing cum distribution of Hugo Boss watches in India and is launching the first collection of Hugo Boss watches at the International Watch exhibition at Mumbai, today. Hugo Boss is one of the most widely known international brands and Titan Industries Ltd shall be the sole and exclusive distributor for the Hugo Boss watches in India.

The Boss Black Collection, comprising watches for both men and women, would be marketed in India from this month onwards with a price range between Rs 13,495.00 and Rs 49,995.00. The watches would be available at a number of high-end multi-branded watch stores and well-known department stores like Shoppers Stop and Lifestyle, and at select World of Titan showrooms across the country.

One of the world's premier watchmakers, Movado Group, Inc. designs, manufactures and distributes watches in the high-end segment with respected brand names viz., Movado, Ebel, Concord and ESQ SWISS along with Coach, HUGO BOSS, Juicy Couture, Lacoste and Tommy Hilfiger etc.

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