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Bal was speaking during a press session in İstanbul above Friday at which his company introduced a accumulation of 200 Montblanc watches on the Turkish market. “Turkey imported luxury watches value $280 million [TL 515 million] from Switzerland in 2010, and Rotap’s share in this commerce was 25 percent,” he said, adding that Turkey was the second largest market for Montblanc productions in Europe later Germany and that the Swiss company is committed to improve partnership ties with Rotap.

We are the official distributor for 10 separate brands and are expecting to look a 25 percentage rise in our turnover in Turkey this year compared to 2010,” he said, noting that they arrange to open two new stores in 2012.

Speaking to Today’s Zaman at the event, Elvir Johic, Montblanc place manager responsible for Europe and Africa, said the Turkish luxury market has capable a noticeable correction, triggered by fast economic growth in the elapse few years and that they went hard to further amplify in Turkey. ”

The Turkish elegance market has convert comparative in terms of demand with other EU markets, and that is why we have faith in the Turkish market.” He said they had a strong retail network in Turkey thanks to Rotap. “We have two boutiques in İstanbul and Ankara, and we are seeing to open a current an in Turkey to further cultivate our customer and retail web in Turkey,” he said.

Noting that they had experienced a “premonitory downturn” during the universal financial crisis in 2009, Johic said the emergency had been over for them since final year, when they posted the highest turnover in their history. “We are expecting double-digit growth in our global affair this year, and Turkey and other emerging markets will play a leading role here,” he annotated.