Direct Selling Company QNet India
Leading Asian direct selling company QNet has expanded its Rs 100 crore turnover luxury watch portfolio in India with the launch of two limited edition luxury watches – Chairos Essenza for women and Chairos Amore for couples. The Chairos brand is QNet’s proprietary range of luxury and sports watches developed exclusively for its India market. Watches constituted more than 16% of the company’s total sales in the financial year 2017-18 (FY18). QNet saw its luxury watch sales touch approximately 22,000 units during the year, backed by the launch of 14 new models of luxury watches.
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Commenting on the launch Trevor Kuna, Global CEO of QNet said, “We are committed to developing a range of high-end luxury watches for India, given the success with our Swiss Watches earlier. We wanted to offer our Indian customers a high end timepiece with a more affordable price point compared to imported Swiss watches. The response to our Chairos range of watches has been very encouraging. These watches use similar components that our Swiss Watch range does, with the only difference being that they are assembled in India.