FINDINGS

STEINBERG TO FOSSIL: Former Macy’s West chairman and chief executive Michael Steinberg has been named to Fossil’s board of directors.
“We are delighted to add an individual with Michael’s knowledge and experience in the retail industry to our board,” said Kosta Kartsotis, president and chief operating officer of Fossil.
Steinberg retired from Macy’s in January, after a career that began in 1965 at Federated Department Stores and included executive posts at Bullocks, May Co., Bloomingdales, Sanger Harris and Foley’s. He was chairman and ceo of Macy’s West since 1993.
Besides watches, Fossil designs, develops, markets and distributes a variety of fashion accessories under the Fossil and Relic brands to department and specialty stores in some 85 countries worldwide.

OMER TO BUCCELLATI: Former Bulgari executive John Omer has been named to the new post of vice president and commercial director at Buccellati. Omer will oversee the 81-year-old Italian jewelry and silversmith firm’s U.S. wholesale subsidiary, Buccellati Gold Corp.
Omer spent 11 years at Bulgari, most recently as wholesale distributor director, where he oversaw all wholesale distribution for that company’s jewelry, watches and accessories business in the U.S. In his new post, he will plot the expansion of Buccellati’s business from its two company-owned boutiques and a small roster of fine jewelers.
Omer reports to Mario Buccellati II, president of U.S. operations and a grandson of founder Mario Buccellati.
In October, Buccellati will be the subject of a retrospective exhibition at the Smithsonian Institution’s National Museum of Natural History in Washington, D.C.

TIMELY EXPANSION: Several Swiss watch brands are further organizing their operations in the U.S. in order to foster greater growth.
The Sowind Group, the Swiss-based firm that owns the watch brands Girard-Perregaux and Daniel Jean Richard, has opened Tradema of America, its third subsidiary in the world, all of which are owned by Gino Macaluso. Tradema also operates subsidiaries in Italy and Japan.
Tradema of America will be headed by Ron Jackson, who has been overseeing sales of both watch brands since 1996, when they were distributed by Swiss Primetime, another U.S. distributor of fine watches, based in Rutherford, N.J.
In another development, Swiss Primetime has been purchased by Niklaus Bieri, a Swiss luxury-goods entrepreneur. The firm will continue to distribute the Bertolucci line of fine watches. Swiss Primetime will also add distribution of another of Bieri’s companies, Furrer-Jacot, a Swiss bridal fine-jewelry firm currently with distribution in Europe and Asia.
Swiss Primetime also provides select back office and after-sales service for Tradema America.

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