The first of these stand-alone stores opened in Safeer Mall, Sharjah, recently.
"Although we have been in the watch business for a long time, this is the first time we have planned to open our own branded retail store for the watch brands we represent," explained Imran Qazi, Divisional Manager, Watches Division at Al Sayegh Brothers. "Although we have excellent relationships with watch retailers in the markets we operate it, the launch of 'Time Capsule' will significantly boost our market share and growth in this business," he added. This retail presence will be the first of a series of stores, due to open in 2006 and 2007. "We plan to be present in all locations frequented by customers of quality watches at great value," stressed Imran Qazi.
'Time Capsule' stocks watches from several internationally renowned brands including Jeep, Fishbone, J. Springs, Royal London and others. The brand's focus will remain on great value merchandise for various segments of the market: Sports, outdoor adventure, formal dress watches and fashion time pieces, for men, women, teenagers and children.
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Al Sayegh Brothers launch 'Time Capsule'
- United Arab Emirates: Monday, February 06 - 2006 at 13:38
- PRESS RELEASE
As part of its aggressive expansion into branded retail, Al Sayegh Brothers has launched a new umbrella retail brand called 'Time Capsule' to sell the wide range of watch brands the company represents in the UAE.
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About the Al Sayegh Brothers Group:Established in 1980 by Abdul Jabbar Al Sayegh and Ahmed Al Sayegh, the group has today evolved into a thriving multinational, multi-faceted company. Comprising of 100% wholly owned companies, divisions, and joint ventures, the group's current product portfolio is a judicious mix of reputable brands and innovative new products and services.
The group holds exclusive UAE franchise rights for some of the world's leading brands from Japan, USA, and South Korea. These include LG Electronics, Sharp, Olympus, Aiwa, Palson, Tohatsu and several others. Outside the UAE, the group has business interests in Qatar and Morocco.' with redistribution, retail and re-exports to African countries.
The Group is involved in the marketing and distribution of a wide variety of products and services in Electronics, Technical Supplies, Medical Supplies, Household and Healthcare Suppliers, Software, Advertising & Consultancy Services, Language Centers and Foodstuffs. The Group's strategy is driven by its global vision.
For more information, contact:
Rohini Rego
Communicraft FZ LLC,
Tel: +9714 3433900
Fax: +9714 3433901
Posted by Lara Lynn Golden, News EditorMonday, February 06 - 2006 at 13:38 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
This article was updated on Tue Feb 07 2006.
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