What took you so long to launch in India? How do you see the potential of
the brand here?
India is a market that has an enormous
growth potential for all industries, and the
watch industry is no exception. We wish we
could have brought the brand to the market
long ago, but there were many hurdles.
The biggest challenge I would say - that we
still face - is the fact that the import duties
and taxes on luxury watches remain
extremely high in India. From a strict
business standpoint, this implies that the
profits generated by working in India
are greatly eroded, and this financial
erosion ends up being detrimental to all
the involved parties, including India itself.
Basically, whatever monies the brand would
normally allocate to brand promotion in a
market (advertising, events, sponsorship,
etc), are greatly diminished because of the
weight of taxes and duties. In other markets,
where this is not an issue, we are able
to spend rather comfortable budgets that
allow us not just to build our brand image,
but also inject fresh money into the
local economy.
The past one year has been severe for
the world economy, particularly so for
the luxury category. How has Roger
Dubuis performed across the world in
these difficult times?
These past 12 months have indeed
been very challenging for everyone, and
the luxury industry perhaps has suffered
more than most. Globally, I think that
Roger Dubuis has faced the same difficulties
as everyone else, but I cannot say more
as my own involvement is only in Middle
Eastern and Subcontinental markets. And
as far as my region goes, the challenge is
definitely there, but with the help of our
partners and retailers, we manage to face
this situation rather well. Qualitative and
rare products are always in demand, as
there are always people who appreciate
such things, no matter what the situation is.
You recently launched the Excalibur
collection in India. Tell us more
about it.
The Excalibur line is one of the four
main collections of Roger Dubuis (the
others being KingSquare, GoldenSquare
and EasyDiver). The Excalibur is perhaps
the most iconic watch by Roger Dubuis,
as it is immediately recognisable thanks to its very elegant - yet very bold - design,
and more importantly, it is the collection
that has been chosen to house every
movement that Roger Dubuis has
developed over the years. The most
sought-after Excalibur watches would be
the Excalibur Double Tourbillion -
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The
Excalibur Double Tourbillion Squelette and the Excalibur Grande Complication
that houses an In-line Perpetual Calendar,
a Tourbillion and a Minute-Repeater! This
is probably the most impressive watch ever
made by Roger Dubuis.
Could you also let us know about the other products from your collection
like KingSquare and EasyDiver?
As stated before, one of the key
attributes of Roger Dubuis watches is
the architecture of the watches. These
two collections are both perfect examples
of that. The KingSquare is the most
recent collection from our end. The Easy-
Diver watch was launched some time back,
but in both cases we are talking about
a very strong and powerful watch. My
advice to your readers would be to take
some time to visit the brand’s website and
get acquainted with these watches. |