2nd
February
2009
Titan - See 12-15% Growth in Watches Segment
posted in News |
Bhaskar Bhat, MD, Titan, said sales growth in the watches segment picked up in the second half of January. “Thus we expect the watches segment to grow by 12-15% in the coming quarter.”
Bhat said large format stores have been lagging behind, but added that the company’s precision engineering division has been growing at a robust pace.
He, however, said there have been EBIT losses in the others segment on account investments in eyewear business.
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