Timex Aims for $1B Mark

Timex Aims for $1B Mark

by Caroline Tell 

Posted Monday August 04, 2008

From WWD Issue 08/04/2008

Hans-Kristian Hoejsgaard has hired a new executive team and set the firm’s to-do list, and now the new president and chief executive officer of Timex Group wants to turn the company into a billion-dollar global enterprise.

Since joining Timex in February, Hoejsgaard has spent the last few months reorganizing his top team and setting goals, namely establishing the Timex brand division as a separate business operation from Timex Group and focusing on the high-end market through the group’s luxury divisions.

“The staff announcements we’ve made are a reflection of our new strategy after my first 100 days,” Hoejsgaard said. “We are intent...

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