Timex Group designs, manufactures and markets innovative timepieces and jewelry globally. Timex Inc., founded in 1854, has expanded to become Timex Group, a privately-held company, with numerous brands and over 5,000 employees worldwide. Since its founding Timex Group, one of the largest watch makers in the world, has always distinguished itself for innovation, quality, value and performance. Over the past few years, Timex Group has collaborated with the best in global luxury and has now become the partner of choice for luxury Italian brands and ultra high-end European (“haute de gamme”) brands around the world To sustain the growing business in luxury, Timex Group created a Luxury Division based in Switzerland, the homeland of top quality handmade timepieces, which deals with all the luxury brands licenses. In 2007 Valentino S.p.A. and Timex Group signed a licence contract for the design, manufacture and distribution of high-end watch. The plan is based on a strong stylistic contribution from the Valentino fashion house combined with joint development initiatives in all countries. Together Valentino and Timex Group plan on achieving lasting leadership in the global watches market. The collections will guarantee the precious uniqueness and unmistakable style of the Valentino brand, positioning itself on the high end of the market. The scope of the agreement is global. To this day Valentino Timeless reaches 50 countries all over the world and the watch collections are available in 52 Valentino’s boutiques too.