Luxury watchmaker Officine Panerai is looking to open additional outlets in Qatar, a senior regional executive at the Milan-based firm told Arabian Business Qatar.
Officine Panerai, founded in 1860 in Florence, currently operates one store in the Gulf state's Villaggio Mall, which it opened in 2008. "Panerai is interested in growing with Doha," said Milvin George, regional managing director at Officine Panerai.
George said that it takes about eight months to open an Officine Panerai outlets, as the furniture has to be shipped from Italy. He added that finding adequate retail space in the Qatari capital was also proving tough.
"We would like to open another shop in Doha and there are the conditions to expand," said George.
The watchmaker has launched a Doha special edition engraved with the Qatari fort Zubara on the back for the Doha Jewelry and Watches Exhibition, which is currently taking place.
At the event, Officine Panerai launched its black Tuttonero watch, made of ceramic and sapphire crystal. The watch showcased in Doha was numbered 110 out of a total production of 1,000, with the one on display in Doha currently the only one available in the Middle East.
"We have a quota per region and only between 50 and 100 Tuttonero watches are going to released in the Middle East," said George.
Revealed: Dubai’s newest design hub Concept-Me
The design studio, store, and café is set to open in April...
Revealed: Dubai’s highest picnic
“Pure Picnic” is located at the 35 floor of Hilton Hotel...
$1m Batman Tumbler Batmobile for sale in Dubai
Owner has plans to bring new Batman vs Superman batmobile...
World’s heaviest gold ring to go on display in the UAE
The 58.686 kg gold ring is studded with 5.17 kg of Swarovski...
Moroccan king endorses business jet event
MEBAA will display 25 aircrafts and 50 exhibitors
Revealed: The high stakes of executive jets
It’s been only 100 years since the first commercial flight...
UAE retailer creates record-breaking $2m diamond guitar
Guitar has over 400 carat diamonds set in 1.6kg of 18 carat...