Date:12/11/2005 URL: http://www.thehindu.com/2005/11/12/stories/2005111204951602.htm

Business - Briefly

Ethos to set up four exclusive stores

BANGALORE: Ethos, part of the Saboo Business Group company, Kamla Dials and Devices Ltd. (KDDL), will be setting up four exclusive stores, taking the total to ten, each with investments going up to Rs. 2 crore. At the recent launch of the Ethos showroom, dealing with premium and luxury imported watches, the Managing Director, Yashovardhan Saboo, said , the company had at present a five per cent market share in this segment. The watches ranged from Rs. 50,000 to Rs. 3 lakh.