From the Sector

Ted Baker, the global lifestyle brand, announces that on October 4th 2018 it entered into a Global product licensing agreement with Timex Group (“Timex”). The new agreement will allow Ted Baker to underpin its own global plans with a unique product offering in watches that fully compliments its apparel and accessory collections.

Commenting, Ray Kelvin CBE, Founder and Chief Executive of Ted Baker, said:
“This is an exciting opportunity for Ted Baker to drive accelerated growth in our watch business by leveraging the Timex Group global footprint and infrastructure, in line with our strategy to further develop Ted Baker as a global lifestyle brand.”

Commenting, Tobias Reiss Schmidt, President and Chief Executive Officer of Timex Group, said:
“We are delighted to bring Timex Groups expertise and long history as an authentic watchmaker to Ted Baker and look forward to producing exciting and innovative timepieces for their consumers”. Timex Group will launch the collections Internationally through premium retail partners and its global distributor network in summer 2019.