Stock Report

Ethos Limited to bring Jacob & Co. Watches to India under an Exclusive Distribution Partnership

Posted On : 2022-07-06 22:07:33( TIMEZONE : IST )

Ethos Limited has signed an exclusive distribution agreement with the globally-renowned watch and jewellery brand Jacob & Co. The partnership will unlock access to the brand's unique collections for Ethos customers pan-India.

As a watchmaker known for creating haute horlogerie pieces, Jacob & Co. is revered worldwide; and Ethos will now make its treasured watches accessible to the Indian market as its exclusive retailer.

"One of the most talked-about watch brands, Jacob & Co. has garnered a lot of attention among watch collectors in recent years, with their high-complication timepieces and dramatic displays. We are happy to be the ones who bring the brand to the Indian audience," says Yashovardhan Saboo, Chairman, Ethos Limited, about this new partnership. "We are confident that the brand will resonate with our clientele, as we look forward to a fruitful association with Jacob & Co."

Jacob Arabo, Founder and Chairman, Jacob & Co. added "We are very pleased to partner with Ethos for the Indian market. We share similar values of excellence and dedication. India has a great culture and appreciation of fine craftsmanship and jewellery. We believe our timepieces will be loved by Indian clients."

Shares of Ethos Limited was last trading in BSE at Rs. 775.80 as compared to the previous close of Rs. 776.65. The total number of shares traded during the day was 352 in over 150 trades.

The stock hit an intraday high of Rs. 782.80 and intraday low of 772.20. The net turnover during the day was Rs. 273604.00.