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Timex ramps up retail strategy in India
BANGALORE: Timex Group India (Timex) has ramped up its retail strategy in India, and more specifically in the southern region.
Timex announced the opening of the 12th Timex Factory store in Bangalore. The new Time Factory store was inaugurated by Timex Head- Retail and New Brands Angelique O’Brien. The south has been a major market for all the brands sold by Timex, revealed O’Brien.
Timex currently has 75 Timex Factory stores in 33 cities in India. The company plans to up the number of these stores in India to 100 in the next 12 months. Its products are available across 3000 points of sale including at organized retailers such as Shoppers Stop and Lifestyle. Timex plans to strengthen its retail footprint in tier II and tier III markets also.
In a bid to grow revenues by 20 per cent this fiscal to Rs 3 billion from last year’s Rs 2.5 billion, the company has plans to complete ad spends of Rs 220 million by the end of the fiscal on 31 March 2011.
In the past, the brand had been using print and outdoor media for advertising. Since the middle of last month, Timex has started advertising on television with a TVC by its creative agency JWT. It’s TVCs’ have been aired on television across genres as well as the on regional television. It also plans to launch email and SMS campaigns shortly.
It has had Australian cricket fast bowler Brett Lee as a brand ambassador in the past. During the last quarter of 2010, it had Indian cricket ace batsman Virendra Sehawag to launch its ICC Watch series (International Cricket Council).
Timex is the official timekeeper for the ICC World Cricket Championship 2011 that begins in the Indian sub-continent from 19 February.
The company has ambitious plans to launch over 400 models of watches across categories by the end of this financial year targeting the discerning Indian consumer. Last month, the brand launched 14 styles of the Tarun Tahiliani collection of ladies watches, 9 of which are a part of the bridal collection. The collection has watches in the price range of Rs.10,995 and Rs.23,995.
Timex Group has a portfolio of 11 brands spread across various segments from mid premium to luxury segment with Brands like, Timex, Opex, Guess, Gc, Marc Ecko, Nautica, TX, Salvatore Ferragamo, Versace, Versus and Valentino with selling channels in more than 100 countries. The Group has a design centre based out of Milano and a manufacturing base spread across various countries.
Mindshare handles the media buying duties for Timex.
MAM
WPP appoints Estée Lauder’s Anne-Isabelle Choueiri as chief transformation officer
Former Estée Lauder executive to lead operations, technology and culture overhaul under WPP’s three-year growth plan
LONDON: WPP has appointed Anne-Isabelle Choueiri as chief transformation officer in a newly created role tasked with delivering the group’s Elevate28 strategy.
Choueiri joins from The Estée Lauder Companies, where she led enterprise-wide strategic initiatives, including the “One ELC” operating model and major upgrades to enterprise marketing, data and analytics capabilities. She also led the redesign of enterprise technology teams and served on the company’s AI taskforce, driving AI strategy, adoption and value realisation across the business.
At WPP, she will be responsible for designing, implementing and embedding the operating model behind Elevate28, the company’s three-year growth plan unveiled in February 2026. She will lead efforts to improve innovation, efficiency and integration across WPP’s client offerings, with a focus on delivering agile, outcome-driven solutions and measurable growth.
Choueiri will oversee organisational transformation across the group, working closely with product and enterprise technology teams to deploy AI, data and technology to build new capabilities and improve operational performance. She will also work with the people function to embed cultural change, strengthen an agile performance mindset and support talent development across the organisation.
Before joining Estée Lauder, she held senior roles across consulting and digital agencies, including at Accenture, Masaï (a Bain & Company spin-off), and Kearney, with experience spanning strategy, data and digital marketing transformation.
Cindy Rose, chief executive officer of WPP, said Choueiri brings a strong track record of leading large-scale transformation across operations, technology and culture, adding that her appointment will help accelerate the group’s next phase of growth under Elevate28.
Choueiri said WPP’s strategy represents an ambitious opportunity to reshape how the company operates and delivers for clients, adding that she looks forward to building integrated solutions and fostering a culture of innovation and change.
She will be based in New York and will join WPP’s executive committee.
