The layoffs announced by the global tech giants were on the cards, but the way the developments are unfolding an erosion of brand value at least in the short-term is imminent.
Ricardo Guadalupe says that, despite tepid sales in the last few years, Hublot will open two to three stores in India as it believes in the Indian luxury consumer and their love for Swiss watches.
The Spanish football league matches will be broadcast live and exclusively on Facebook for the next three years in India. If this turns out to be a success, similar deals could follow.