Timex Group India has received a Letter of Intent (LoI) from Timex Nederland B.V., an intermediate Holding Company, through its Zug Branch which is carrying on the business of Sequel Division as worldwide licensee for Guess and GC brand of watches. The said LoI is grant of manufacturing, distribution and licensing rights in respect of Guess and GC brand of watches (the Products) for the territory of India. This will be effective January 1, 2022 subject to entering into legally binding definitive documents for the grant of such manufacturing, distribution and licensing rights for the Products.
Timex Group India designs, manufactures and markets innovative timepieces around the world.
Company Name | CMP |
---|---|
Timex Group India | 132.50 |
KDDL | 2534.35 |
M&I Watches | |
Opal Luxury Time | |
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