The NPD Group announced recently that it had acquired LGI Network, which provides retail point-of-sale information on fine watches and branded jewelry. NPD tracks sales of fashion watches and other accessories through its consumer and retail tracking services.
LGI will continue to operate independently for the first two years. Fred Levin, president LGI Network, will report to Rupert Walters, group president for entertainment & communications, beauty, fashion & sports at The NPD Group.