The Swiss watch manufacturer Raymond Weil is strengthening its India operations by opening new exclusive boutiques and shop-in-shops. The family-owned firm established itself in India over 30 years ago and recently revamped its operations with the creation of its own 100 per cent subsidiary, Raymond Weill India Distribution Pvt. Ltd, in Bangalore. The objective of setting up a subsidiary in India was to open exclusive boutiques, shop-in-shops and enhance the company’s presence in the multi-brand watch luxury retail space. Further magnification of the watch major’s presence in the Indian market is a new business opportunity for signage players dealing with in-store signage players, PSPs, fabricators, etc.
