“A.D. Time” Paces Hard to Tap into the Fashion Watch Market Introducing Two Latest Watch Brands: “L.E.D” and “Arbutus NY” Aiming to Raise 50% Sales within 2012

ข่าวทั่วไป Friday August 3, 2012 12:08 —PRESS RELEASE LOCAL

Bangkok--3 Aug--A.D. Time A.D. Time (Thailand) Company Limited, an importer and distributor of fashion watches from global leading brands, sets out to introduce two new brands into the Thai market. The first one is a German watch brand with unique concept “L.E.D” (Life. Evolution. Design) while the other, “Arbutus new York” a genuine American brand is outstanding in its simplified style of classic look and precision mechanical movements. To promote the new brands, A.D. Time organizes an official launching following the concept “The Rhythm of Light” featuring multitude of activities to draw attention from visitors of the “Siam Paragon watch Expo 2012”. The company aims to achieve THB.500 million sales total within the end of this year. Miss Teerin Sukkrasanti, Marketing and Sales Manager of A.D. Time (Thailand) Co., Ltd, reveals: “At present, A.D. Time (Thailand) is the importer and distributor of 9 leading fashion watch brands from around the world. Among the best-known brands in the Thai market, there are o.d.m, Levi’s, Esprit and Esprit Collection, Bonia, Alain Delon, Invicta, as well as Pierre Cardin. Today, we are launching two latest watch brands simultaneously, including ‘L.E.D’ (Life. Evolution. Design.) and Arbutus New York, under the theme ‘The Rhythm of Light’. The concept aims to offer new experience and the freshness of rhythm in your life depicted by our exciting new product lines. The launching of these new brands is part of the highlights from A.D. Time during the Siam Paragon Watch Expo 2012.” “Currently A.D. Time is holding approximately 30% market share in the fashion watch segment. When comparing to the recession period in the last quarter, the market value of the fashion watch market in this quarter is looking up with a tendency for growth. As for the second quarter of 2012, A.D. Time (Thailand) has achieved a good business performance, with sales totaling at around Bt.300 million — a result from the continuous growth of our existing watch brands in Thailand such as odm, Levi’s, Esprit and Esprit Collection. In this quarter, we decided to launch two new watch brands, L.E.D. and Arbutus New York in order to expand our customer base, as well as to stimulate more sales. Our main target groups for the new brands include modern jobbers, teenagers and young-at-heart fashion connoisseurs who are looking for a unique timepiece with an outstanding concept. To promote the two new brands, the company has allocated 30% more marketing budget from that of the last year. Furthermore, we have extended more distribution channels with a focus on modern trade in leading department stores, such as Siam Paragon, Emporium, the Mall and Robison’s. Lately, we have opened our distribution counter in B2S stores as well. We also aim to increase 50 more branches in Bangkok and up-country markets, which will help us drive more sale growth into more than 50% within the end of this year,” Miss Teerin adds. The main theme of the launching event “The Rhythm of Light” features the expression of freshness in life through colors and lighting shades. The theme is for welcoming the new fashion season of “Autumn/Winter 2012” and to celebrate the launching of .D. Time’s latest two fashion- watch brands in the Thai market. With the inspiration from the vehicle’s digital dashboard, L.E.D is a highly innovative watch brand created to answer the needs of consumers who like sharp, bright colors and outstanding design. The watches also come with an eco-friendly thought using green materials to match those unique characters. Suitable for wearers who want to express their distinctive identity, L.E.D is fresh, colorful and fun products for all. As for Arbutus New York, the American brand boasts its precision and durability using high quality materials to achieve its signature classic look. Some models of Arbutus reveal their mechanical movements on the dial — a reminiscence of precision timepieces of the enchanting past. Made to cater different functions of usage, the watches are the epitome of classic, timeless item that can express unique identity of the wearers. With these outstanding qualities of the two new brands, A.D. Time (Thailand) is confident to reach the needs of target groups in the Thai market. Mr. Gwan Wai Wai, President of A.D. Time (Headquarter), Malaysia reveals: “Apart from the debut of these two new watches, A.D. Time takes this opportunity to officially launch the company’s new logo. Highlighting the eye-capturing lavender tone, the new logo shows off its curvy line to express its modern look and feel. And to take the business into the digital age, we have become more up-close and personal with the clients through our newly-opened social network services, offering easier channels for them to preview our new watch collections online, as well as sending queries about prices and product concepts. In the fashion watch business, we need to update our business and stay tuned to the latest trends. While searching for new inspirations for our clients, we need to make sure that we offer them with the best products that answer their discerning lifestyles. Each of A.D. Time’s watch brands, including odm, Bonia and Alain Delon, is outstanding and unique in functions. Assortment of fashion watches is available for unisex, masculine look or sweet feminine style. Combines with the launching of L.E.D and Arbutus New York, we are confident that our clients will enjoy more choices offered by A.D. Time Thailand.” “We believe that by present the new brands through the concept ‘The Rhythm of Light’, our clients will receive a new unique experience from the two newly-debuted brands today and get their freshness of lifestyle awaken and energized to the rhythm of their everyday life,” Mr. Gwan Wai Wai concludes. New watch collections from L.E.D. and Arbutus New York are available today at A.D. Time (Thailand)’s booth within the Siam Paragon Watch Expo 2012, Fashion Hall of Siam Paragon Department Store, Bangkok until August 19, 2012.

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