Watch IT! Incorporated recently opened its first store in Mumbai, India. Watch IT! Inc. entered into a master franchise agreement with the retail subsidiary, Solo Commodities Pvt. Ltd. of the prestigious Lokhandwala Infrastructure Group -- one of Mumbai's premier real estate developers.
The agreement calls for the opening of 10 new retail stores across India with the first store now open in Mumbai's new first-class shopping center the Mega Mall in Andheri with the second location opening next week.
"Opening in India along with Lokhandwala Infrastructure is very exciting for the entire company. This is a key step in our planned international expansion and we are fortunate to have great local partners, a great team of staff and we feel confident that our boutique and unique product mix will be well received in the Indian market." Says Darren Bondar, President & founder of Watch IT!
"Watch IT! is a dynamic company with product offerings, vitality and creativity that rubs off on our customers which will allow us to continue to expand our company through a combination of corporate and master franchise openings worldwide."
Rishi Somaiya, Executive Director: "We identified a need in India for quality watch and sunglass retailing. After searching worldwide for a concept, we found Watch IT! and our due diligence and likeminded company philosophies concluded that the Watch IT! format will significantly improve the retail experience for watch consumers in the market."
About Watch It Incorporated
Founded in 1999, Watch IT! is a retail company that is expanding worldwide through a combination of corporate and master license agreements. Watch IT! aims to capitalize on the gap in the international marketplace by issuing master franchise licenses to qualified partners.
Watch IT! carries a huge selection of the biggest names in fashion watches and sunglasses, including brands such as Fossil, Diesel, Swatch, Nixon, Citizen, Seiko, Guess, Oakley, Spy, D&G, and more. Each boutique carries hundreds of unique and innovative brand name styles of watches, sunglasses, jewelry and accessories that are cutting edge and lead the worldwide industry in both technological innovation and fashion design. Watch IT! customers take pride in their individuality, their sense of style, and their appreciation for quality.
About Solo Commodities PVT. Ltd.
Solo Commodities PVT. Ltd. is a newly formed retail division of The Lokhandwala Group. Founded in the year 1966, the group is diversified beyond its main line of business which is Real Estate and Property Development, are has activities such as exports, high tensile steel wires, plastics, outdoor advertising and event management.
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