Titan Eyeplus eyes one more outlet in Margao
With an eye to tapping the growing market for consumer products, retail chain, Titan Eyeplus announced plans of setting up another sales outlet at Margao. The location has already been decided, premises acquired, and official launch will be within a period of six months.
Speaking to the media, Ms Purabi Chanda, area manager, Karnataka and Goa, said that the first Titan Eyeplus store, in Panaji which started in December last year was "faring very well with lots of footfalls translating into healthy sales and volumes growing by 20 per cent per year."
Its greatest advantage vis-à-vis other eye wear stores was "latest products in affordable price range that started at a reasonable price of Rs 395 and reaches up to Rs 5,200. Also, the showroom stocks international brands, spectacle frames, contact lenses and eye accessories.
Meanwhile hoping to catch some of the tourist rush, Titan Eyeplus has a sales promotion scheme ongoing that offers up to 40 per cent discounts on its spectacles and sunglasses collection. The scheme extends from November 20 to December 31.
Titan Eyeplus is the eyewear division of Titan Industries ltd, a stock market listed company. The division was started in 2006 and currently retails through a pan-India network of 211 stores in 71 cities. In Goa, there is only one outlet. All products of the company carry a minimum warranty. [NT]