Deepti Gujral launches Aspen Watches New Collection at Just in Vogue Store, Hyderabad Central, Punjagutta, Hyderabad
Deepti Gujral Actress, Model & TV Host launches New Collection of Aspen Watches, the International watch brand owned by Just Lifestyle Demonetisation has not affected retail watch segment, particularly below Rs 20,000/- range watches: Manoj Subramanian, Brand Manager of Just Lifestyle Pvt. Ltd Women are increasingly contributing to the growth of watch market. 2 to 3 years back the ration of Men to Women in India was 90 to 10 % and now it is 70 to 30%.
Just in Vogue to open 5 store in Hyderabad and 100 more stores in one year across 50 cities in India.
Hyderabad, December 08, 2016... Deepti Gujral Actress, Model & TV Host launches New Collection of Aspen Watches, the international watch brand owned by Just Lifestyle in its store at Hyderabad Central in Punjagutta today. The new range is launched on the occasion of 10th Anniversary of Watch Mania, the Watch Fest of the leading watch retail chain Just in Vogue.
Aspen Watches is the International watch brand owned by Just Lifestyle. It is a predominately a ladies brand, designed especially for a strong and confident woman. Known for its intricate designs, every Aspen watch has a unique jewellery element which makes it different from regular watches.
The brand uses different chains and unique dials outsourced from Italy, Russia, China and other countries to give watches an extraordinary look. Watches are adorned with Austrian crystal to give it a jewellery look.
Depending on the designs Aspen has 5 collections: Feminine Exclusive, Power Bold, Core Classic, Ceramic collection and Homme collection. The brand uniqueness lies in feminine exclusive collection.
Price in the range of the new collection is Rs 7500 to 12500. Given the range, the watch is a steal, which most women go for it.
These watches are retailed across 200 stores India and is also available in Morocco and other Middle East countries
Speaking on the occasion Deepti Gujral said "I love wearing watches and it is a privilege to be associated with Aspen Watches which is the only women centric watch brand in India. The brand sends a core message of empowering women. The watches are all unique and are perfect amalgamation of bold designs and jewellery elements.
Deepti was part of Kingfisher Swimsuit Calendar 2008. She won several awards such as Miss International 2003(Berlin). She is a MTV India VJ.
Watches the time givers have become personalised, she said. Colour, Gerogeous Dials, Cool Watch Straps, Back to basics watches in terms of watch sizes, styles, materials and affordability. Smart watches that are sized right, look good and have a complete array of useful applications and convenience features are some of the ladies favorites she said.
Also present on the occasion Manoj Subramanian, Brand Manager, Just Lifestyle Pvt Ltd observed that Just in Vogue (©Hyderabad Central is one of the best stores in India. Hyderabad with its unique customer profile is the fastest growing market for Just lifestyle which has 55 stores across 30 cities. He also mentioned that there are plans to open 5 more stores in Hyderabad
The Rs 120 crore company, Just Lifestyle plans to increase the number of stores to 100 in one year across 50 cities.
Just Lifestyle is the leading name in organised watch retail industry. It enjoys the advantage of being one of the oldest entrant in the organised retailing scape in India informed Manoj. Retailing with over 40,000sq.ft area across India , Just Lifestyle houses over 50 International watch brands Manoj said. The stores boast an array of a right mix of products with Top International and National watch brands like Aspen, Tissot, Calvin Klein Fossil, Diesel, Casio, Skagen, Guess, Seiko and Kenneth Cole allowing customers to enjoy a world-class watch shopping experience, he added.
Giving overview of the industry Manoj Subramanian informed that the_total size of organized wrist watch retail industry in India is approximately Rs.6000cr. which is majorly driven by low end watches below Rs.10000 and constitute 65% of the total Market. 20% of the business comes from the watches of medium range costing somewhere around Rs.10000 to 1 lac. The premium watch segment is only 15%
Swiss watch segment, Manoj said is growing in double digits but forms a very small part of the entire watch industry, due to lack of awareness among the customers with respect to Swiss watches. It would be around 1500 crores.
Speaking on women contribution, in total market, Manoj says, 2 to 3 years back the ration of Men to Women was 90 to 10 % now currently it is 70 to 30%. In the middle east women contribute more than men 60 to 40 %, women are increasingly contributing to the growth of not only the watch market but also to mobiles, electronics and automobile
He quotes that Just Lifestyle is a multi-brand store has the advantage of serving customers with tonnes of choices. 95 % customers like to see options across brand touch and feel wear and then decide.