Archive for December, 2006
Timex Launches New Collection
A unique combination of style & technology, The Timex outdoor collection provides you with the watch you need to enhance your lifestyle.
This season, Timex introduces the E-instruments series, a collection of high functionality watches like the E-compass, E-chrono, Ana-digis etc that are designed to perform to the highest level in the outdoor environment.
Expedition Chronograph with INDIGLO Night Alarm and Easy Set Alarm are as follows 4 hour chronograph measures 1/20th second, seconds, minutes, easy set alarm, easy time zone change, INDIGLO night -light, quick-date feature, stainless steel case, adjustable stainless steel bracelet or water resistant leather strap, water resistant 100 metres.
TIMEX Watches Limited announced the launch of its NEW exquisite collection of Ladies Watches inspired by the world of luxury and style.
The NEW collection offers a variety of bold case-shapes including ovals, tanks, rectangles and tonneaus, the collection is united in its modern styling that’s backed by elegance and sophistication.
A unique combination of style and technology, the E-Instruments collection provides you with the watch you need to enhance your outdoor lifestyle.
This new series of Expedition watches introduced by Timex are high functionality watches designed to perform to the highest level in the outdoor environment.
No commentsSeiko to Buy Sanyo
Sanyo will sell its 45 percent stake in a money-losing joint venture to partner Seiko Epson Corp. which aims to quickly turn around the world’s third-largest maker of small- and medium-sized LCDs used in cellphones and digital cameras.
The sale will leave Sanyo, which has already withdrawn from the organic light-emitting diode business and makes no cathode ray tubes or plasma panels, with no display operations.
The firms did not provide financial details of the transaction.
Some analysts said the loss-making status of the venture makes it difficult to estimate the size of the transaction, but terms of the deal could be quite unfavourable to Sanyo.
“There is a chance that Sanyo may have paid Seiko Epson to take the stake,” said Tetsuya Wadaki, an analyst from Nomura Securities Co.
“This is not a positive for Seiko Epson unless they really reshuffle and restructure the joint venture, including job cuts. They have to improve their marketing tremendously,” he said.
No commentsCasio unveils new GPS watch
Casio has taken the step to introduce yet another GPS watch with the GPR-100 which is a radical departure from the very first GPS watch they released some time ago. The new GPR-100 is actually the smallest GPS watch available in the market currently, measuring a diminutive 63.1mm x 49.5mm x 17.1mm.
Since it also looks the part of a watch, airport security won’t be hankering after you as a terrorist suspect. The GPR-100 has its sights set on runners since it will be quite some time to get a general-purpose GPS navigation device slapped around your wrist, but it does come with a decent set of GPS features which we’ll take a look at.
The GPR-100 receives signals from at least three different satellites and will take that data to compute where you are (in case you’re a clueless runner), your current speed, the length which you have covered and have yet to cover, and even your pace, doing away with the need to use your need to measure the route with the car’s odometer.
Some of the other interesting functions of the GPR-100 also includes automatic time zone adjustment, enough storage space for up to 100 points of interest, an automatic electro-luminescent backlight, a stopwatch, pace verification, and a countdown timer.
Unfortunately, the internal rechargeable battery isn’t too hot when it comes to performance. The GPR-100’s battery can only last up to 2 hours in normal mode and double the amount in low power mode. The law of diminishing returns apply here as it requires 3 hours to fully recharge.
The Casio GPR-100 is not heading to the U.S. anytime soon, but it is already available in Japan for $467. There are cheaper alternatives out there in the market, such as the Garmin Forerunner 205, so unless your name is Mr. Bottomless Pocket, the GPR-100 ought to be heavily considered before making a purchase.
Source: Coolest Gadgets
No commentsTimex To Open 120 New Stores
Managing Director at Timex Watches, Kapil Kapoor informs that the company will launch 120 stores based on a franchise model and that they are putting up a multi brand concept with international brands and showcasing international watch experience, which is novel to the Indian market.
Elaborating on the brands that they intend to showcase in their retail exclusive stores, he states, “We hope to build a portfolio of brands and we have currently showcased five of our brands - our flagship brand Timex and others in our portfolio namely Nautica, FCUK and Opex Paris.”
He further adds, “We have got a strategic alliance going with couple of other brands in the Egana Gold Field Group, namely Pierre Cardin and Esprit. So overall, we have got about six brands in our portfolio in the store and we hope to expand that by another 2 or 3 brands in the next few months.”
The company expects to see 20-25% growth in the coming months. He mentions, “We seem to evolve so far on a year-to-date basis around 24-25%. I expect that our sales should continue to evolve at the rate of about 20-25% into the foreseeable future.”
Speaking about the company’s market share, he states, “Looking at the organised market, we have a share of 11%. But in that, we seem to operate in a segment, which is between Rs 1,000 and Rs 5,000 and that is our core business segment and in that segment, our tracks are showing a share of about 22%.”
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