Timex Group

Timex Group B.V., or Timex Group, is an American - Dutch holding company headquartered in Hoofddorp, the Netherlands and Middlebury, Connecticut.^{[citation needed]} It is the corporate parent of several global watchmaking companies including Timex Group USA, Inc.,^[1] TMX Philippines, Inc., and Timex Group India Ltd.

Timex Group B.V.

Timex Group Logo
Company type	Privately Held
Industry	Watch manufacturing, Luxury Goods
Headquarters	Middlebury, Connecticut, U.S.; Hoofddorp, Netherlands[citation needed]
Number of employees	5,000+
Website	timexgroup.com

Production

Timex Group B.V.'s products are manufactured in China, France, Hong Kong, India, Philippines and Switzerland, often based on technology that continues to be developed in Germany and the United States.^{[citation needed]} The group has operations in a number of countries in Europe, the Americas, Asia and Oceania.

Name

Shortly after purchasing the Waterbury Clock Company in 1941, founder Thomas Olsen renamed the company Timex, as a portmanteau of Time (referring to Time magazine) and Kleenex.^[2]

Companies and brands

Timex Business Unit, A division of Timex Group USA, Inc.

• Timex
• Opex
• Nautica
• TX Watch Company (2006-2011)

Sequel AG

• Guess
• Gc

Vertime SA

• Versace
• Versus

Timex Group Luxury Watches

• Salvatore Ferragamo Timepieces
• Valentino Timeless - no longer licensed
• Vincent Bérard (2006-2010)

Giorgio Galli Design Lab (Design studio, acquired 2007) Galli designs watches for:

• Timex
• Nautica
• Versace
• Versus
• Salvatore Ferragamo