Hyundai Department Store Operates 'Time Valley,' a Swiss Richemont Group Luxury Watch Select Shop
Handling All Brands Including 'Lang & Heyne' and 'Vacheron Constantin'
[Asia Economy Reporter Jo In-kyung] Hyundai Department Store announced on the 26th that it will open the Swiss Richemont Group's luxury watch select shop 'Timevalley' at its Daegu branch on the 27th.
Timevalley, operated by Richemont Group, the world's number one company in luxury watches and jewelry, manages a total of 26 brands including 8 luxury watch brands such as 'Roger Dubuis,' 'IWC,' and 'Piaget,' and currently operates 14 global stores in locations including Barcelona, Spain, and Beijing, China.
The Timevalley store opening at Hyundai Department Store Daegu will showcase all 8 luxury watch brands of Richemont Group, including high-end brands such as 'A. Lange & S?hne,' 'Vacheron Constantin,' and 'Roger Dubuis,' as well as 'Jaeger-LeCoultre,' 'IWC,' 'Piaget,' 'Panerai,' and 'Baume & Mercier.' This is the first time among all Timevalley stores worldwide that all luxury watch brands of Richemont Group are presented together.
In particular, the 'Lady Salon,' which gathers and exhibits Richemont Group's luxury watches for women, will be introduced for the first time. It will sell about 500 luxury watches, including the 'Saxonia Moonphase Watch (40.42 million KRW)' from A. Lange & S?hne, which is imported in very limited quantities of only 2 to 3 pieces in Korea, and the 'Excalibur Automatic Skeleton Golden (104 million KRW)' from Roger Dubuis.
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A Hyundai Department Store official said, "Starting with the Daegu branch, we plan to sequentially expand Timevalley stores and further strengthen our luxury MD competitiveness," adding, "We will solidify our position as a 'high-class luxury department store' representing Korea by providing a high-quality shopping experience and content."
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