Hans-Kristian Hoejsgaard, the new president and chief executive officer of the $700 million Timex Group, wants to build the firm's luxury offerings and raise its international profile.
"What attracted me to Timex was that it has one of the strongest portfolios of brands, and I believe that a global company with a strong portfolio from mass to luxury is a strong point," Hoejsgaard said. "Timex Group has been somewhat of a quiet entity and there is real opportunity to leverage the group's strength across all of its divisions to produce interesting partners and retailers."
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)