Who sells watches on finance article needs additional citations for verification. Skagen Denmark is the name given to a brand, initially of watches produced by Skagen Designs Ltd.
American contemporary accessories brand based on Danish design. As of its acquisition by Fossil Inc. April 2, 2012, Skagen Designs, Ltd. Fossil, listing, as of May 1, 2015, Charlotte Jorst as Co-founder and President, Henrik Jorst as Co-Founder, and Steen Albrechtslund as Group Managing Director. The company began in the home of its co-founders in New York, moving first to Lake Tahoe, then Reno, Nevada.
The title brand represents Fossil’s subsidiary, Skagen Designs Ltd. Danish-inspired ideals to the world through design imbued with purpose, honesty and simplicity. Founded in 1989, the company was the brainchild of Henrik and Charlotte Jorst, who had moved from Denmark to the US in 1986 when Henrik was appointed U. After locating the Danish-owned clock and watch manufacturer, Comtech Watches, a supplier that could manufacture watches at a lower price through its Hong Kong factory, the Jorsts began designing their own watches, which they showed at a corporate gift fair in New York 1991.
This section relies largely or entirely on a single source. Relevant discussion may be found on the talk page. 1993 — Jorsts moves from New York to Nevada for tax and personal reasons, still running company without employees. 1995 — New York department store Bloomingdale’s agrees to trial period, selling their watches. 1998 — Company lists as one of the 250 fastest-growing privately owned U. 1999 — Employees approaches 100, distribution begins in the United Kingdom. 2000 — Distribution begins in Germany and the Netherlands.
2002 — Company expands into more European countries and the Middle East, in effort extending into the following year. 2007 — Company moves into the Asian markets, establishing an office in Hong Kong. 2010 — Company opens online retail portals serving the U. 2011 — Asia-Pacific division launches online retail portals for Australia, Hong Kong, and Singapore markets. Zacks Equity Research, 2012, “Fossil to Acquire Skagen,” YAHOO! January 11, 2012, see , accessed 1 May 2015. Business description and summary from 2012 not yet fully extracted.