TAG Heuer, the Swiss watch brand owned by LVMH Moet Hennessy Louis Vuitton SA, plans to more than double its exclusive outlets in India as economic growth and stock market gains spur spending on luxury. The, endorsed by Bollywood actor Shah Rukh Khan, will open 15 showrooms in India in three years. The company, which has six outlets, aims to spend 1 billion rupees ($22 million) for the expansion. Increase of upmarket outlets like TAG Heuer will benefit the in-store signage players, privileged with new opportunity to tap the Swiss watch outlets.
