Fossil opens watch and accessories store in Pune

Watch and accessories brand Fossil has launched an exclusive brand outlet in Pune’s Phoenix Mall of the Millennium in Wakad to connect with more shoppers in Maharashtra.

“The West region has been of great importance to our business in India,” said Fossil India’s managing director Johnson Varghese, Indian Retailer Bureau reported. “As a dynamic city with increasing demand for fashion and lifestyle products, Pune has shown great love for our products. Hence, we are delighted to expand our presence in this market by offering a new space at the much-loved Phoenix Mall of the Millennium, where customers can experience our latest range of watches, accessories, handbags, and more.”
 
Inside the new store, shoppers can browse a wide selection of men’s and women’s watches as well as handbags and other accessories. “We are eager to continue our growth journey and look forward to welcoming Pune’s discerning shoppers to our latest retail destination,” said Varghese.
 
Fossil India Private Limited is based in Bengaluru and specialises in watches and smartwatches, according to Tofler. The business reported an operating revenue range of over Rs 500 crore in the 2023 financial year, when its earnings before tax, interest, depreciation, and amortisation increased by 97.3% year-on-year.