Ethos has acquired 300 equity shares of AED 1000 each of Ficus Trading LLC, subsidiary of the company as initial paid-up capital towards subscription of MOA. The objective of acquisition is to expand the company’s presence in international markets, particularly in the Middle East region. The business is aligned with the main line of business of the company.
Ethos is the largest luxury and premium watch retailer in India, operating on an omnichannel model and allows customers to order products either offline or online.