NPD plans to introduce new tracking for watches and jewelry
NPD Group is reorganizing its luxury division, and president Fred Levin is leaving the company to seek other opportunities.
The revamp comes as NPD plans to introduce new retail channel tracking for watches and designer jewelry. Lori Monaco, president for NPD’s fashion footwear and accessories businesses, will oversee the new watch and jewelry division.
Chris Casey, vice president of diamonds, will continue to head that division.
NPD’s luxury services—including sales tracking for watches, designer jewelry, and diamonds—will move into NPD’s softlines business group, led by Diane Nicholson (pictured). Both Casey and Monaco report to Nicholson.
Levin formerly headed LGI Network, which was acquired by NPD in 2010.
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