Timex signs duty free distribution partnership with the Harston Group
Timex, one of the world’s largest watch makers, has signed a strategic partnership with the Harston Group, an international travel retail specialist, to handle the distribution of Timex products in the duty free market.
The Harston Group is a group of companies that specializes in the travel retail sector and has represented companies in duty free and travel retail for over a decade. Presently, it carries a dynamic range of products in its portfolio including well-known brands in eyewear, watches and jewelry, and now, Timex.
The agreement, which takes effect immediately, covers the entire duty free markets worldwide with the exception of the US, Canada, UAE, Qatar and China where agreements already exist.
Chief Operating Officer of Global Business Development at Timex Group USA, Mr. Kapil Kapoor said: “Timex is absolutely delighted to team up with the Harston Group, a company with a proven track record in the travel retail industry. We look forward to working with its team to further build the Timex brand and reach out to a broader set of customers.”
Managing Director Hans Eulenhoefer of the Harston Group agreed: “Timex has definitely earned a place in the watch world. There’s no denying its strong presence in the marketplace but the potential for more growth is there. We, at the Harston Group, are totally committed to their success.”
Both companies are currently engaged in the transition aspect of the business and the upcoming months are looking quite promising. Timex is confident that the Harston Group would be in a full position to take over in time for the TFWA World Exhibition in Cannes, France this October.