NEW YORK — Balbina Wong will retire on Oct. 1 as president of Lane Crawford, and will be succeeded by Jennifer Woo, currently deputy president. Woo will also assume the role of managing director.
Wong will resume her full-time role as president of Imaginex, a distributor of high-end brands closely associated with Lane Crawford Group. She will focus her efforts on expanding and acquiring brands for retail and distribution growth in Asia, especially China.
Wong joined Lane Crawford in December 1994 as executive director, commercial, and became president in 1998. During her tenure, the company repositioned by updating its stores, targeting new market segments, improving the merchandise assortment and customer service. Lane Crawford, established in 1850, is a privately owned company and retailer of luxury goods with locations in Hong Kong and mainland China.